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    713 Market St Louisville, KY 40202

    Sponsored
    For Sale
    $4,300,000

    Gas station, restaurant, high traffic area.

    Property size:
    9,530 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 713 E Market St in Louisville, Kentucky, presents a lucrative investment opportunity. The 9,530 square foot free-standing building sits on a 0.35-acre lot and is zoned C-2 Commercial District. Currently operating as both a gas station and a restaurant, this established business offers immediate income potential for an owner/user. The property's strategic location in Jefferson County, zip code 40202, ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The asking price is $4,300,000, translating to $472.19 per square foot. The property is offered under a NNN lease type, minimizing the owner's operational responsibilities. The APN is 017DSROW0000. This turnkey operation is ideal for an investor seeking a strong return on investment in a thriving commercial district. The property's versatility allows for potential expansion or adaptation to suit various business needs within the permitted zoning regulations. This is a rare opportunity to acquire a well-established, high-performing commercial property in a prime Louisville location. Serious inquiries are encouraged.

    Property Features for 713 Market St

    General Information

    Property type
    Restaurants
    Square Feet
    9,530 SF
    Lot Size
    15,246 SF

    HighLights

    • 9,530 SF free‑standing building on a 0.35‑acre lot in Louisville, KY.
    • Located at 713 E Market St, in the C‑2 Commercial District (Jefferson County, 40202).
    • Currently operating as a gas station and restaurant, offering immediate income.
    • $4,300,000 asking price ($472.19/SF), NNN lease.
    • High visibility and accessibility with significant foot and vehicle traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brightwell Elder and Probate ... Elder Law Attorney Paletti Jr Paul ... Attorney Sturm Paletti & Peter, ... Attorney Wilson Sr William ... Attorney Paul Paletti Gallery Art Gallery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.739521
    Latitude
    38.25331279

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    FAQs

    What type of property is this?
    Restaurant - Gas station, restaurant, high traffic area.
    Where is this restaurant located?
    The property is located at 713 Market St Louisville, KY.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: 9,530 SF free-standing building on a 0.35-acre lot in Louisville, KY.; Located at 713 E Market St, in the C-2 Commercial District (Jefferson County, 40202).; Currently operating as a gas station and restaurant, offering immediate income.
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    713 Market St Louisville, KY 40202
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    Louisville, KY 40202
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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
    713 Market St Louisville, KY 40202
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