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Nulu Mixed-Use Income Property
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827 E Market St, Louisville, KY 40206

Income-producing property with commercial tenant and two AirBnB units.

Property Size5,109 SF
Price / SF$489.33
Days on Market789

Property Features for 827 E Market St

General Information

Standard status Active
Size 5,109 SF
Class A
Total Parking Spaces 2
Property subtype Office, Retail
Zoning EZ-1 - Enterprise Zone District
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Built 1895
Year Renovated 2019
Buildings 2
Stories 2
Tenancy Single
Listing Agency: FISCHER'S Real Estate Brokerage & Betterment Haus LLC
Listed By: John Fischer · License #KY 72871
Source: Crexi
Added: Jun 26, 2024 Changed: Aug 23 Last Checked: Aug 21 at 8:27PM

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 FISCHER'S Real Estate Brokerage & Betterment Haus LLC

Investment Insights

Based on property information with market context.

Located adjacent to Nulu Marketplace on the north side of E Market Street, this property is income-producing. The primary building, spanning two floors, is leased to a commercial tenant providing services in an office setting. Additionally, a rear building houses two turn-key AirBnB units. A carport is also present and utilized by the office lessee. The property is located in the heart of Nulu. The block, along with other E Market St blocks, is slated to benefit from a significant streetscape project expected to begin sometime in August 2024, with this block being among the first to undergo the improvements. The property has a size of 5109 square feet.

Key Highlights

  • Income‑producing property with a commercial tenant and two active Air BnB units.
  • Prime location in the heart of Nulu, adjacent to Nulu Marketplace.
  • Turn‑key Air BnB units ready for immediate operation.

Property Analytics

Current Use

Quappi Projects Art Gallery Zimmer-Design Inc. Marketing & Advertising Louisville Addiction Center Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Tanning Salon Pet Grooming Service Mobile Phone Store

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

2,791
Businesses Nearby

Demographics for 40206, KY

20,196
Population
11,637
Households
1.7
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,482
Density / Sq Mi
$72,543
Median Household Income
$48,506
Median Earnings
$1,142
Median Rent
$276,100
Median Home Value

Market

Vacancy Rate% for Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Income-producing property with commercial tenant and two AirBnB units.
Where is this mixed-use property located?
The property is located at 827 E Market St Louisville, KY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Income‑producing property with a commercial tenant and two active Air BnB units.; Prime location in the heart of Nulu, adjacent to Nulu Marketplace.; Turn‑key Air BnB units ready for immediate operation.
(502) 608-3133 Call to check price and availability
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