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    2118 Bruce Ave Louisville, KY 40218

    For Sale
    Contact for pricing

    Established bar & winery; 7,200 sq ft; turnkey operation.

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional turnkey opportunity presents a thriving Louisville bar and winery, "Off the Rails Tasting Room and Wine Depot," located at 2118 Bruce Ave, Louisville, KY 40218. The property, a two-story Class B building, boasts 7,200 square feet situated on a 0.78-acre lot. Originally constructed in 1950, the building underwent a complete renovation in 2019, ensuring modern amenities and functionality. Currently operating as a successful bar and winery since 2020, this property offers a unique chance for immediate revenue generation. The sale includes all existing equipment, a partial kitchen, and a valuable inventory of bourbon. The new owner can seamlessly continue the established business or implement their own concept, leveraging the existing infrastructure and strong location. The property's prime location in Jefferson County offers excellent visibility and accessibility, making it an attractive investment for both established and aspiring entrepreneurs in the hospitality industry. This is a rare opportunity to acquire a fully operational, renovated commercial property with significant potential for growth and profitability. The property is zoned for commercial use.

    Property Features for 2118 Bruce Ave

    General Information

    Property type
    Restaurants
    Square Feet
    7,200 SF
    Class
    B
    Lot Size
    33,977 SF

    Building Details

    Year Built/Renovated
    1950/2019
    Stories
    2

    HighLights

    • 7,200 SF retail space in Louisville, KY.
    • Class B building, built in 1950, renovated in 2019.
    • Two‑story building on a 0.78‑acre lot.
    • Located at 2118 Bruce Ave, Louisville, KY 40218.
    • Currently operating as a bar and wine depot, with existing equipment and inventory available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heritage Electric Inc. Electrician Off the Rails Tasting ... Winery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.6492874
    Latitude
    38.1923981

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    FAQs

    What type of property is this?
    Restaurant - Established bar & winery; 7,200 sq ft; turnkey operation.
    Where is this restaurant located?
    The property is located at 2118 Bruce Ave Louisville, KY.
    What are key features of this property?
    This property features: 7,200 SF retail space in Louisville, KY.; Class B building, built in 1950, renovated in 2019.; Two-story building on a 0.78-acre lot.
    Request Owner's contact information
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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
    2118 Bruce Ave Louisville, KY 40218
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