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Diner Space With Rear Parking
For Lease
$1,995/Mo

970 S 3rd St, Louisville, KY 40203

Restaurant-oriented commercial space with rear parking and flexibility for alternative uses in Louisville’s SoBro district.

Space SizeContact for details
Days on Market698

Property Features for 970 S 3rd St

General Information

Standard status Active
Property subtype Retail
Zoning PD
Lease Type NNN

Space & Availability

Space Use Restaurant
Available From Immediate

Building Details

Year Built 1960

Spaces For Lease

at 970 S 3rd St Contact us

Available Space $1,995/Mo

Contact us
Listing Agency: Hoagland Commercial Realtors
Listed By: Tim Brown · License #KY66257
Source: Kcrea.resimplifi
Added: Oct 3, 2024 Changed: Aug 30 Last Checked: Aug 31 at 1:05PM

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 Hoagland Commercial Realtors

Investment Insights

Based on property information with market context.

This restaurant-oriented property at 970 S 3rd St offers a commercial setting with 1,345 of property size and rear parking. The space was formerly occupied by D.Nalley's neighborhood diner and can also be repurposed for alternative uses. Built in 1960, the property carries PD zoning.

The site is in Louisville’s SoBro district, with proximity to Old Louisville, Spalding University, and the University of Louisville. Downtown Louisville is readily accessible, adding a central urban context for restaurant or other commercial occupancy.

Key Highlights

  • Restaurant‑oriented space with flexibility for alternative uses
  • Rear parking included at the property
  • Former D.Nalley's neighborhood diner location

Property Analytics

Current Use

D. Nalley's Restaurant

Suggested Use

Top Pick Storage Facility Home Appliance Store Discount Store (Bike/Boat/Book/etc) Store Pet Store Locksmith

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

NNN (Triple Net)
Lease Type
$2.67 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,547
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 69% Shops & Services 26% Home Improvements & Furnishings 5%
McDonald's Dining
26,716 visits/mo 0.5 miles
Taco Bell Dining
9,038 visits/mo 0.5 miles
Dollar General Shops & Services
4,340 visits/mo 0.3 miles
Valero Energy Shops & Services
4,175 visits/mo 0.5 miles
Ollie's Bargain Outlet Shops & Services
2,995 visits/mo 0.0 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Breakfast & diner - Restaurant-oriented commercial space with rear parking and flexibility for alternative uses in Louisville’s SoBro district.
Where is this breakfast & diner located?
The property is located at 970 S 3rd St Louisville, KY.
What is the lease rate?
The lease rate is $1,995/Mo.
What are key features of this property?
This property features: Restaurant‑oriented space with flexibility for alternative uses; Rear parking included at the property; Former D.Nalley's neighborhood diner location
More about this property
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