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Hotel Property on Commercial Corridor
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1640 S HURSTBOURNE PKWY, Louisville, KY 40220

C-1-zoned hotel property with a 4.99-acre site along an established commercial corridor.

Property SizeContact for details
Days on Market97

Property Features for 1640 S HURSTBOURNE PKWY

General Information

Standard status Active
Property subtype Hospitality
Zoning C-1
Investment Type Redevelopment
Net Operating Income $1.00
Listing Agency: Marcus & Millichap - Louisville
Listed By: David Badgett · License #215224
Source: Crexi
Added: May 28 Changed: Aug 29 Last Checked: Aug 29 at 8:44PM

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 Marcus & Millichap - Louisville

Investment Insights

Based on property information with market context.

This hotel property occupies 4.99 acres at 1640 S. Hurstbourne Parkway in Louisville, Kentucky, and carries C-1 zoning. The site is positioned along a commercial corridor with surrounding retail, hospitality, medical, professional office, restaurant, and service uses.

Access is provided from S. Hurstbourne Parkway, with direct connections to I-64, I-264, and Shelbyville Road. The surrounding area includes major commercial anchors and residential communities behind the commercial strip, creating a substantial mix of nearby commercial and residential activity. The Red Carpet Inn name is associated with the property.

Key Highlights

  • 4.99‑acre hotel property in Louisville, Kentucky
  • C‑1 zoning
  • Located at 1640 S. Hurstbourne Parkway

Property Analytics

Current Use

LibertyX Bitcoin ATM Atm Red Carpet Inn ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Tanning Salon Tattoo & Piercing Shop Catering Service

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

Location Intelligence

Trade Area within ½ mile

1,140
Businesses Nearby

Demographics for 40220, KY

34,315
Population
16,019
Households
2.1
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
4,456
Density / Sq Mi
$73,502
Median Household Income
$47,283
Median Earnings
$1,187
Median Rent
$249,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - C-1-zoned hotel property with a 4.99-acre site along an established commercial corridor.
Where is this hotel located?
The property is located at 1640 S HURSTBOURNE PKWY Louisville, KY.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: 4.99‑acre hotel property in Louisville, Kentucky; C‑1 zoning; Located at 1640 S. Hurstbourne Parkway
(502) 329-5900 Call to check price and availability
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