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Restaurant Bar with Outdoor Patio
For Sale
Contact for pricing
Pending

1821 W Jefferson St, Louisville, KY 40203

Well-maintained restaurant/bar with full bar, kitchen, dining, dance floor and outdoor patio seating.

Property Size4,200 SF
Days on Market124

Property Features for 1821 W Jefferson St

General Information

Standard status Pending
Size 4,200 SF
Total Parking Spaces 40
Property subtype Retail
Zoning C-2

Additional Details

Traffic Count 8,000 vehicles/day

Amenities

full bar
kitchen
dining area
dance floor
outdoor patio

Building Details

Tenancy Multi
Listing Agency: Summit Commercial Group
Listed By: Raphael Collazo · License #KY-291450
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 11 at 12:03PM

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 Summit Commercial Group

Investment Insights

Based on property information with market context.

A well-maintained restaurant/bar opportunity currently operating as “Joe’s Palm Room,” an established Louisville restaurant and bar that has served patrons for more than 50 years. The space totals just over 4,200 SF and includes a full bar, kitchen, dining area, and dance floor, along with roughly 1,380 SF of outdoor patio space that can support additional seating and private events.

Located along W Jefferson St., the property benefits from traffic counts exceeding 8,000 VPD and plentiful on-site parking with more than 40 spots. The site is also described as receiving monthly income from leasing space for gaming machines ($2,000 per month), plus $600 per month from a neighboring tenant, “Stevie J’s Bar-B-Que.”

Zoned C-2, the property is presented as flexible and may support maintaining a restaurant/bar or other business uses, including (but not limited to) a convenience store, auto shop, car lot, event space, or community service facility. Purchase of the business may be available; interested parties should ask the listing agent for details.

Key Highlights

  • Just over 4,200 SF restaurant/bar space with full bar, kitchen, dining area, and dance floor.
  • Roughly 1,380 SF outdoor patio for additional seating and/or private events.
  • On‑site parking with over 40 spots and traffic counts exceeding 8,000 VPD along W Jefferson St.

Property Analytics

Current Use

The Palm Room Nightclub

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Gym & Fitness Center HVAC Service (Bike/Boat/Book/etc) Store Garden 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

8,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby
20k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
7,976 visits/mo 0.4 miles
Family Dollar Shops & Services
5,617 visits/mo 0.3 miles
Dollar General Shops & Services
3,980 visits/mo 0.2 miles
Shortys18th Shops & Services
1,184 visits/mo 0.1 miles
U-Haul Shops & Services
1,005 visits/mo 0.3 miles

Demographics for 40203, KY

16,801
Population
10,754
Households
1.6
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
5,793
Density / Sq Mi
$31,430
Median Household Income
$32,581
Median Earnings
$828
Median Rent
$179,300
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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Similar Off Market Nearby

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  • Truth Tavern LLC 2401 W Broadway, Louisville, KY 40211
  • Main Event Sports Bar & Lounge 2529 w broadway, louisville, ky 40211

Frequently Asked Questions

What type of property is this?
Bar & Pub - Well-maintained restaurant/bar with full bar, kitchen, dining, dance floor and outdoor patio seating.
Where is this bar & pub located?
The property is located at 1821 W Jefferson St Louisville, KY.
What are key features of this property?
This property features: Just over 4,200 SF restaurant/bar space with full bar, kitchen, dining area, and dance floor.; Roughly 1,380 SF outdoor patio for additional seating and/or private events.; On‑site parking with over 40 spots and traffic counts exceeding 8,000 VPD along W Jefferson St.
(520) 456-4679 Call to check price and availability
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