Three-Parcel Mixed-Use
For Sale
$395,000
1541 W Oak St, Louisville, KY 40210
Approximately 3 acres with C2 and R7 zoning, including church, community center, and residential improvements.
Property Size22,000 SF
Price / SF$17.95
Days on Market749
Property Features for 1541 W Oak St
General Information
Standard status
Active
Size
22,000 SF
Property subtype
Multifamily
Zoning
C-2
Amenities
Water
Sewer
Listing Agency:
Polo Real Estate Group LLC
(502) 387-6330
Listed By:
Deon Reese · License #216639
(502) 387-6330
Source:
Kcrea.resimplifi
Added: Aug 14, 2024
Changed: Aug 29
Last Checked: Aug 31 at 12:54PM
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 Polo Real Estate Group LLC
Investment Insights
Based on property information with market context.
This mixed-use offering combines three parcels totaling approximately 3 acres and approximately 22,000 square feet of improvements. The property includes a vacant church structure of approximately 18,000 square feet that requires renovation, a community center building measuring approximately 2,550 square feet and constructed in 2009, plus a single-family residence of approximately 1,083 square feet. The assets are being sold in their current condition, with individual parcel acquisition also available.
C2 and R7 zoning are in place across the offering, and the property is located within a designated Opportunity Zone. The site is near Downtown Louisville, the Norton Healthcare Sports & Learning Center, Norton West Louisville Hospital, and Simmons College of Kentucky. The combination of land area, multiple existing structures, and separate parcels supports consideration of phased redevelopment or continued use of the existing improvements, subject to applicable approvals.
C2 and R7 zoning are in place across the offering, and the property is located within a designated Opportunity Zone. The site is near Downtown Louisville, the Norton Healthcare Sports & Learning Center, Norton West Louisville Hospital, and Simmons College of Kentucky. The combination of land area, multiple existing structures, and separate parcels supports consideration of phased redevelopment or continued use of the existing improvements, subject to applicable approvals.
Key Highlights
- Approximately 3 acres across three separate parcels
- Approximately 18,000 SF vacant church structure requiring renovation
- Community center measures approximately 2,550 SF and was constructed in 2009
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 40210, KY
14,418
Population
7,137
Households
2
Avg Household Size
36
Median Age
10%
College-Educated
81%
High-School Grad
3.2 sq mi
ZIP Area
4,506
Density / Sq Mi
$35,841
Median Household Income
$23,881
Median Earnings
$822
Median Rent
$93,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Approximately 3 acres with C2 and R7 zoning, including church, community center, and residential improvements.
Where is this mixed-use property located?
The property is located at 1541 W Oak St Louisville, KY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Approximately 3 acres across three separate parcels; Approximately 18,000 SF vacant church structure requiring renovation; Community center measures approximately 2,550 SF and was constructed in 2009
