For Sale
$1,950,000
2814 7th Street Rd, Louisville, KY 40215
Night clubs
Property Size8,187 SF
Price / SF$238.18
Days on Market147
Property Features for 2814 7th Street Rd
General Information
Standard status
Active
Size
8,187 SF
Total Parking Spaces
50
Property subtype
Retail
Zoning
EZ1
Additional Details
Business Included
Yes
Amenities
Power
Water
Sewer
Natural Gas
50 Parking Spaces
Building Details
Year Built
1908
Year Renovated
2024
Stories
2
Listing Agency:
Genesis Realty LLC
Listed By:
Heather Allen · License #203656
(502) 468-7553
Source:
Kcrea.resimplifi
Added: May 29
Changed: Oct 14
Last Checked: Oct 20 at 5:03PM
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 Genesis Realty LLC
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Investment Insights
Based on property information with market context.
Key Highlights
- Gentlemen’s club fully renovated in 2024 and currently in operation
- 6,437 sq ft bar with 2 stages plus VIP, booth, and balcony booth rooms
- Top‑of‑the‑line POS system in place that logs transactions for easier bookkeeping
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,052
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,301,040
$2.3M
Cap Rate 7%
$1,643,600
$1.6M
Cap Rate 9%
$1,278,356
$1.3M
Market Conditions
NOI Build-Up for 8,187 SF
Gross rent
$164.1K $20.04/SF
− Vacancy
−$10.7K −$1.30/SF
EGI
$153.4K $18.74/SF
− OpEx
−$38.4K −$4.68/SF
NOI
$115.1K $14.05/SF
Area
Louisville, KY
Vacancy
6.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,301,040
Cap Rate 7%
$1,643,600
Cap Rate 9%
$1,278,356
Alternative Uses
Best Use
Specialty Retail
$1.64M
$1.44M – $1.92M
NOI $115,052 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,545 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
916
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CubeSmart Self Storage
Shops & Services
916 visits/mo
0.3 miles
Demographics for 40215, KY
21,230
Population
9,070
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
79%
High-School Grad
3.5 sq mi
ZIP Area
6,066
Density / Sq Mi
$42,762
Median Household Income
$32,815
Median Earnings
$976
Median Rent
$106,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Louisville, KY
Similar Off Market Nearby
- Down The Stretch Lounge — 1059 Queen Ave, Louisville, KY 40215
- Body language lounge — 3212 S 7th St, Louisville, KY 40216
- El Caballo Sports Bar & Grill — 3294 Taylor Blvd, Louisville, KY 40215
- Paddock Grill — 700 Central Ave, Louisville, KY 40215
- Stupid Central Beer Depot — 1102 Central Ave, Louisville, KY 40208
Frequently Asked Questions
Where is this night club located?
The property is located at 2814 7th Street Rd Louisville, KY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Gentlemen’s club fully renovated in 2024 and currently in operation; 6,437 sq ft bar with 2 stages plus VIP, booth, and balcony booth rooms; Top‑of‑the‑line POS system in place that logs transactions for easier bookkeeping
