Historic Portland Office
For Sale
$725,000
2500 Montgomery St, Louisville, KY 40212
Fully occupied office building in historic Portland neighborhood.
Property Size24,394 SF
Lot Size1.00 Acre
Price / SF$29.72
Days on Market206
Property Features for 2500 Montgomery St
General Information
Standard status
Active
Size
24,394 SF
Lot size
1.00 Acre
Property subtype
Other
Zoning
C-1
Amenities
Water
Sewer
Building Details
Year Built
1857
Listing Agency:
Kentucky Select Properties
Listed By:
Stephanie Kertis · License #275566
(502) 767-3322
Source:
Kcrea.resimplifi
Added: Mar 26
Changed: Oct 6
Last Checked: Oct 16 at 5:44AM
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 Kentucky Select Properties
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Investment Insights
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The Dolfinger is a fully occupied office building located in the historic Portland neighborhood. Originally constructed in 1857 as the Emma Dolfinger school, the building functioned as an elementary school for 150 years. It has since been renovated and updated for its current use as a multi-tenant office and conference space. The property, situated on just over one acre of land, houses tenants including visual and performing artists. Comprising 16 individual offices and four accessory buildings, The Dolfinger has been restored to retain its original character while modernizing it for contemporary use. The property is located in an Opportunity Zone, a program designed to encourage long-term investment in low-income urban and rural communities nationwide by providing a tax incentive for investors to re-invest their unrealized capital gains into Opportunity Funds that are dedicated to investing in Opportunity Zones. The property size is 24394 square feet.
Key Highlights
- Located in an Opportunity Zone, offering potential tax incentives for investors.
- Fully occupied office building providing immediate income.
- Historic building (constructed in 1857) with unique character and architectural details.
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Current Use
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
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Business Placement
Demographics for 40212, KY
16,360
Population
8,061
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
4,305
Density / Sq Mi
$35,389
Median Household Income
$28,506
Median Earnings
$917
Median Rent
$78,100
Median Home Value
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Market
Vacancy Rate% for Office in Louisville, KY
Frequently Asked Questions
What type of property is this?
Office building - Fully occupied office building in historic Portland neighborhood.
Where is this office building located?
The property is located at 2500 Montgomery St Louisville, KY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Located in an Opportunity Zone, offering potential tax incentives for investors.; Fully occupied office building providing immediate income.; Historic building (constructed in 1857) with unique character and architectural details.
