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Restaurant Building with Commercial Kitchen
For Lease
$18 SF/Yr NNN

1032 Story Ave, Louisville, KY 40206

Two-story, hospitality-ready restaurant building with a commercial kitchen, bar buildouts, and recently renovated restrooms.

Space Size8,470 SF
Lot Size0.17 Acres
Days on Market182

Property Features for 1032 Story Ave

General Information

Standard status Active
Size 8,470 SF
Lot size 0.17 Acres
Property subtype Retail
Zoning M-2
Lease Type NNN
Lease Term NNN

Additional Details

Lease Term 60 months
Traffic Count 9,715 vehicles/day

Amenities

commercial kitchen
bar infrastructure
renovated restrooms

Building Details

Building Size 8,470 SF
Year Built 1900
Stories 2

Spaces For Lease

at 1032 Story Ave Contact us

Building $18/SF/Yr

Size
8,470 SF
Term
Negotiable
Contact us
Listing Agency: eXp Realty
Listed By: Dylan Gilezan · License #KY #274341
Source: 7s
Added: Mar 3 Changed: Aug 25 Last Checked: Aug 31 at 1:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

Now available for immediate occupancy, 1030 & 1032 Story Avenue includes two contiguous M-2 zoned parcels and a currently vacant, two-story building totaling approximately 8,470 square feet. The first floor includes about 7,425 square feet and features an existing commercial kitchen and multiple bar buildouts. Recently renovated restrooms are in place, and the second floor adds approximately 1,045 square feet for supplemental capacity and flexibility.

The property is positioned along Story Avenue with approximately 9,715 vehicles per day, offering strong urban visibility at the front door of NuLu. Parking is primarily on-street, with the option to negotiate dedicated off-street parking in a nearby shared lot.

Lease terms are NNN with tenant responsibility for operating expenses including taxes and insurance, plus tenant-dependent utilities and repairs/maintenance. The term offered is 5 years or more with 3% annual escalations, and build-out/tenant improvements are negotiable based on term and tenant credit. An estimated 0.31-acre parking lot may be available to divide and secure for additional parking on a first-come, first-served basis, subject to prorated tax and additional rent.

Key Highlights

  • Two contiguous M‑2 zoned parcels totaling 0.167 acres at 1032 Story Ave (1030 Story Ave adjacent).
  • About 8,470 SF across two stories: 7,425 SF first floor and 1,045 SF second floor; currently vacant for immediate occupancy.
  • Hospitality‑ready interior with a commercial kitchen, multiple bar buildouts, and recently renovated restrooms.

Property Analytics

Current Use

GonzoFest Louisville Music Venue High Horse Bar & Pub

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Home Appliance Store Plumbing Service Butcher Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9,715 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,520
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Prime Storage Shops & Services
1,218 visits/mo 0.2 miles

Demographics for 40206, KY

20,196
Population
11,637
Households
1.7
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,482
Density / Sq Mi
$72,543
Median Household Income
$48,506
Median Earnings
$1,142
Median Rent
$276,100
Median Home Value

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Two-story, hospitality-ready restaurant building with a commercial kitchen, bar buildouts, and recently renovated restrooms.
Where is this commercial kitchen located?
The property is located at 1032 Story Ave Louisville, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Two contiguous M‑2 zoned parcels totaling 0.167 acres at 1032 Story Ave (1030 Story Ave adjacent).; About 8,470 SF across two stories: 7,425 SF first floor and 1,045 SF second floor; currently vacant for immediate occupancy.; Hospitality‑ready interior with a commercial kitchen, multiple bar buildouts, and recently renovated restrooms.
More about this property
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