1164 Brk St Louisville, KY 40203-2716
- Retail space
- 4,860 SF
- 0.06 lot acres
Current Use by Public Records
- Bourbon Baekehouse / Bakery
- Sugar High Louisville LLC / Bakery
- CharKaterie Boards / Charcuterie
- Giftnow.store / Store
Property Details for 1164 Brk St
- Year built
- 1880
- Lot size
- 0.06 lot acres
- Property size
- 4,860 SF
- Zone code
- TNZD-TRADITIONAL NEIGHBOR
- Property type
- Retail space
- APN
- 08030J01080000
- APU
- 08030J01080000
Description
This exceptional mixed-use property located at 1164 S Brook St, Louisville, KY 40203, presents a compelling investment opportunity. Priced at $699,000, this asset offers a diverse revenue stream generated from three distinct business types: apartment building, convenience store, and daycare/nursery. The property's multi-faceted nature provides inherent stability and resilience against market fluctuations. The apartment building component contributes to consistent rental income, while the convenience store and daycare cater to the immediate neighborhood's daily needs, ensuring a steady flow of revenue. Situated in Jefferson County, Kentucky, this location benefits from convenient access to major transportation routes and a thriving local community. The property's precise size and unit breakdown are available upon request. This is an ideal acquisition for investors seeking a diversified portfolio with strong potential for long-term growth and passive income generation. Detailed financial statements and operational data are available to qualified buyers. Don't miss this chance to own a profitable and versatile commercial property in a desirable Louisville location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $620,000
- 6.5%
- $630,000
- 7%
- $625,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $710,000
- Geo Method
- $690,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $735,000
- Retail
- $685,000
- Mixed-Use
- $700,000
- Hospitality
- $730,000
- Educational
- $655,000
- Residential Income
- $745,000
- Energy
- $705,000
- Income-Based Land
- $770,000
- Food Service
- $555,000
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7539
- Latitude
- 38.2346
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
