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241 Sears Ave, Louisville, KY 40207

Multi-suite commercial property with available space and an existing leased suite.

Property Size10,263 SF
Lot Size1.05 Acres
Days on Market2

Property Features for 241 Sears Ave

General Information

Standard status Active
Size 10,263 SF
Class C
Lot size 1.05 Acres
Property subtype Retail - Street Retail

Additional Details

Highway Access Yes

Building Details

Building Size 10,263 SF
Year Built 2010
Units 3
Tenancy Multi
Listing Agency: Hoagland Commercial Realtors
Listed By: Brooks Hower · License #72257
Source: Commercialcafe
Added: Sep 1 Last Checked: Sep 1 at 8:36PM

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 2010 retail property contains approximately 10,263 square feet in a multi-tenant commercial building on about 1.05 acres. Approximately 6,283 square feet is vacant, while Suite 3 encompasses approximately 3,044 square feet and is leased to Calobrace. The layout supports both occupied and available space within the same asset.

The property is located at 241 Sears Avenue in St. Matthews, immediately off Shelbyville Road. Access to I-264 provides connections across the Louisville metro, including Downtown Louisville and the East End. The surrounding area includes retail, dining, office, and residential uses, placing the building within an established commercial setting.

Key Highlights

  • Approximately 10,263 ± SF multi‑tenant commercial building
  • Approximately 1.05‑acre property
  • Approximately 6,283 ± SF currently vacant

Property Analytics

Current Use

Greg Ryan's Nutrition ... Physician Footworks Clothing & Fashion Store Dr. Michael Mays Physician The MindGym Institute Training Center Rana Majd Mays Physician

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Barber Shop Grocery & Convenience Store Storage Facility

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,579
Businesses Nearby
351k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 30% Groceries 26% Dining 21% Shops & Services 16%
Target Superstores
104,596 visits/mo 0.1 miles
Kroger Groceries
51,572 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
41,237 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
22,300 visits/mo 0.3 miles
7 Brew Coffee Dining
19,119 visits/mo 0.5 miles

Demographics for 40207, KY

30,104
Population
14,507
Households
2.1
Avg Household Size
43
Median Age
68%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
2,573
Density / Sq Mi
$98,583
Median Household Income
$59,242
Median Earnings
$1,248
Median Rent
$401,500
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
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Similar Off Market Nearby

  • SameDay-FlowerDelivery 4122 shelbyville rd, louisville, ky 40207
  • Kroger Floral St Matthews, KY 40207

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-suite commercial property with available space and an existing leased suite.
Where is this storefront property located?
The property is located at 241 Sears Ave Louisville, KY.
What are key features of this property?
This property features: Approximately 10,263 ± SF multi‑tenant commercial building; Approximately 1.05‑acre property; Approximately 6,283 ± SF currently vacant
More about this property
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