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    2523 W Broadway Louisville, KY 40211

    Picture of Investment properties at W Broadway 2523, Louisville, KY
    For Sale
    $650,000

    Commercial - Louisville, KY

    Lot size:
    0.11 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 2523 W Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.11 Acres

    Building Details

    Year built
    1993
    Architectural style
    Other

    RE/MAX FIVE STAR PROPERTIES (502) 637-4100

    Listing agent Willie Harden (502) 637-4100

    Listing date Jul 17, 2025

    MLS# HK25002943 Listing URL

    Copyright © 2025 Heart of Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Space For Sale

    This commercial property features over 7,500 square feet of space, offering immediate income and long-term upside. The current tenant pays $7,500 per month, with the rent scheduled to increase to $10,000 per month on January 1, 2026. The lease extends through May 2028, providing stable cash flow with built-in escalation. The property includes open seating, a fully equipped kitchen, updated restrooms, a private office, and epoxy floors. An additional rear lot offers future development or expansion potential. Situated in a high-visibility corridor in Louisville, Kentucky, this income-producing asset is suitable for investors focused on steady returns and strategic portfolio growth. The lot size is 0.11 acres.
    Property Profile Insight Report 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?
    Investment property - Income-producing commercial property with tenant in place until May 2028.
    Where is this investment property located?
    The property is located at 2523 W 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: - High-visibility location.; - Over 7,500 sq. ft. of prime commercial space.; - Immediate income of $7,500/month.
    (502) 637-4100
    Request Owner's contact information
    2523 W 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 W Broadway Louisville, KY 40211
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