Search
Two-Unit Storefront Property
For Sale
$249,500

2533 Portland Ave, Louisville, KY 40212

Two separately metered commercial units with recent mechanical, utility, flooring, and exterior improvements.

Property Size2,632 SF
Price / SF$94.79
Days on Market172

Property Features for 2533 Portland Ave

General Information

Standard status Active
Size 2,632 SF
Property subtype Retail
Zoning C-1

Additional Details

Utilities to Site Yes
Patio Yes

Amenities

patio/sitting area
Power
Water
Sewer
Natural Gas

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: Schuler Bauer Real Estate Services ERA Powered
Listed By: Kurt Schuler
Source: Kcrea.resimplifi
Added: Mar 12 Changed: Aug 30 Last Checked: Aug 30 at 2:01AM

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 Schuler Bauer Real Estate Services ERA Powered

Investment Insights

Based on property information with market context.

This 2,632-square-foot storefront property contains two commercial units, each with its own address and dedicated electric and gas meters. Improvements include new central air units with protective cages, one new furnace, updated water and gas lines, a backflow preventer, an electrical panel, select windows and doors, and new flooring that includes epoxy surfaces. A new patio and sitting area add exterior amenity space. The property is zoned C-1 and has supported several commercial formats, including floral retail, carryout food service, bar use, and general retail.

Located at 2533 Portland Ave in Louisville, the property is approximately 5 minutes from downtown and situated in the Portland Business district. The two-unit configuration provides separately addressed spaces within one commercial asset.

Key Highlights

  • 2,632 SF storefront property with 2 commercial units
  • Each unit has its own address plus electric and gas meters
  • C‑1 zoning

Property Analytics

Current Use

Merriment Thrift Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Skin Care Clinic Parking Lot & Garage

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 32% Groceries 8% Home Improvements & Furnishings 3%
McDonald's Dining
16,580 visits/mo 0.4 miles
Circle K Shops & Services
15,968 visits/mo 0.4 miles
Marathon Shops & Services
6,822 visits/mo 0.5 miles
Family Dollar Shops & Services
6,408 visits/mo 0.5 miles
Save-A-Lot Groceries
6,120 visits/mo 0.1 miles

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Flower Box 2812 Portland Ave, Louisville, KY 40212

Frequently Asked Questions

What type of property is this?
Storefront property - Two separately metered commercial units with recent mechanical, utility, flooring, and exterior improvements.
Where is this storefront property located?
The property is located at 2533 Portland Ave Louisville, KY.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: 2,632 SF storefront property with 2 commercial units; Each unit has its own address plus electric and gas meters; C‑1 zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message