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Turnkey Remodeled Retail Storefront
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508 Winkler Ave, Louisville, KY 40208

Fully remodeled C-1 retail property includes renovated restrooms, LED lighting, and a serviced HVAC system.

Property Size2,000 SF
Price / SF$114.50
Days on Market1043

Property Features for 508 Winkler Ave

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 24
Property subtype RETAIL
Zoning C-1

Additional Details

Cap Rate 9.27%

Building Details

Year Renovated 2022
Listing Agency: EXP Realty LLC
Listed By: Nour E Kurdi
Source: Moodyscre
Added: Nov 4, 2023 Changed: Sep 6 Last Checked: Sep 10 at 7:30AM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

Turnkey remodeled retail property offered for sale featuring a fully updated interior completed in 2022. Improvements include a new roof, fresh paint, updated doors, and new flooring throughout, along with two fully renovated bathrooms and LED lighting upgrades for both interior and exterior use. The space also includes a mid-floor water/waste drain hookup, serviced HVAC systems in excellent condition, new ceiling fans, an exhaust system for improved ventilation, updated exit signage and fire extinguishers, and steel entry doors for enhanced security.

The property is located 0.7 miles from the University of Louisville (approximately 2 minutes). It also includes an adjacent bonus lot zoned R-7, currently accommodating approximately 24 vehicles and providing space for additional parking or future expansion.

The property is currently leased at $1,990 per month, with the existing tenant operating as a daycare facility.

Key Highlights

  • Fully remodeled 2,000 SF C‑1 zoned retail building leased for $1,990/month with a current daycare tenant
  • Remodeled in 2022 with new roof, fresh paint, updated doors, and new flooring throughout
  • Two fully renovated bathrooms plus mid‑floor water/waste drain hookup for salon or similar uses

Property Analytics

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Current Use

Barkley Democratic Club Advocacy Group Priceless Occasions Events ... Hotel & Motel

Suggested Use

Top Pick Dental Office Hair Salon Law Firm (Bike/Boat/Book/etc) Store Electrical Service Bakery

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

840
Businesses Nearby
63k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 41% Electronics 10%
Starbucks Dining
17,928 visits/mo 0.5 miles
Dollar Tree Shops & Services
11,606 visits/mo 0.2 miles
Dollar General Shops & Services
7,047 visits/mo 0.2 miles
T-Mobile Electronics
4,934 visits/mo 0.5 miles
SUBWAY Dining
4,258 visits/mo 0.4 miles

Demographics for 40208, KY

17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

  • Kids Insight 2791 S Floyd St, Louisville, KY 40209
  • Shirley's Abc Learning Academy Louisville, KY 40208
  • Prodigy Childcare 1319 Central Ave, Louisville, KY 40208
  • When I Grow Up Child Care & Preschool-Winkler Ave. 502 Winkler Ave, Louisville, KY 40208
  • Future Scholars Learning Center 1414 Algonquin Pkwy, Louisville, KY 40210

Frequently Asked Questions

What type of property is this?
Day care center - Fully remodeled C-1 retail property includes renovated restrooms, LED lighting, and a serviced HVAC system.
Where is this day care center located?
The property is located at 508 Winkler Ave Louisville, KY.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Fully remodeled 2,000 SF C‑1 zoned retail building leased for $1,990/month with a current daycare tenant; Remodeled in 2022 with new roof, fresh paint, updated doors, and new flooring throughout; Two fully renovated bathrooms plus mid‑floor water/waste drain hookup for salon or similar uses
(502) 424-9484 Call to check price and availability
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