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    2523 Broadway Louisville, KY 40211

    Sponsored
    For Sale
    $650,000

    High-traffic, renovated bar, C-2 zoning

    Property size:
    7,521 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 7,521-square-foot bar in Louisville, KY, presents a compelling owner-user investment opportunity. Located at 2523 W Broadway, this Class C property boasts exceptional visibility in a high-traffic area and benefits from C-2 zoning. Completely renovated in 2023, including a new roof, the interior and exterior are in excellent condition. The space includes two full bars, a dance floor, a private VIP area/stage, a functional kitchen, ample liquor storage, an office, and two restrooms. Seating is available throughout the main area, and a rear outdoor patio provides additional seating and privacy. All equipment, lighting, sound systems, and supplies are included in the sale. A separate adjacent parcel, used for parking, is also included in this $650,000 offering. The property, built in 1993, is currently operating as a full-service bar/nightclub. The price per square foot is $86.42. This turnkey operation is ready for immediate occupancy. The property's prime location and recent renovations make it an attractive investment for experienced bar owners or entrepreneurs seeking a profitable venture.

    Property Features for 2523 Broadway

    General Information

    Property type
    Restaurants
    Square Feet
    7,521 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1993/2023

    HighLights

    • $650,000 asking price for this 7,521 square foot retail bar.
    • Located at 2523 W Broadway, Louisville, KY 40211, in a high‑traffic area with exceptional visibility.
    • Completely renovated in 2023, including interior, exterior, and roof.
    • Features two full bars, dance floor, VIP area, kitchen, liquor storage, office, two restrooms, and ample seating.
    • Includes all equipment, lighting, sound, and supplies; plus a rear patio and adjacent parking lot.
    • C‑2 zoning; currently operating as an owner‑user bar/nightclub.
    Property Profile Location Intelligence

    Current Use by Public Records

    Club H2O Night Club

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7942519
    Latitude
    38.2497089

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    FAQs

    What type of property is this?
    Restaurant - High-traffic, renovated bar, C-2 zoning
    Where is this restaurant located?
    The property is located at 2523 Broadway Louisville, KY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price for this 7,521 square foot retail bar.; Located at 2523 W Broadway, Louisville, KY 40211, in a high-traffic area with exceptional visibility.; Completely renovated in 2023, including interior, exterior, and roof.
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    2523 Broadway Louisville, KY 40211
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    Louisville, KY 40211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2523 Broadway Louisville, KY 40211
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