726 S 16th St Louisville, KY

This offering comprises an assemblage of two lots: 724 S. 16th Street and the corner lot at 726 S. 16th St., both under the same family ownership since 1973 and offered as a single sale. The combined area of the lots is 6,144 square feet. The corner property features 171.58 feet of street frontage, with 50.92 feet on 16th Street and 50.92 feet of rear access from a 10-foot wide alley off Anderson Street. Public sidewalks are present on two sides, including a handicap access ramp at the corner. A fire hydrant is located in front of the property on 16th Street. On-street parking is available on both 16th Street and Anderson Street. Historically, 726 S. 16th St. was a corner neighborhood grocery with living quarters above, while 724 S. 16th St. was a three-plex apartment building. Both properties previously had water and gas connections before the buildings were demolished. A land development report indicates that both properties have MSD property service connections, which buyers are responsible for verifying. The property is located less than 400 feet from Broadway Street, the new YMCA, and bus lines. This property presents an opportunity for additional parking space for nearby businesses and proposed listings on Broadway.