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Property profile & analytics
OFF-MARKET
Retail space

1320 Washington St Louisville, KY 40206-1827

10,158 SF 0.17 ac lot Built 1900
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US34-0395517
Property summary
AI-generated overview

This exceptional 10,158-square-foot commercial property at 1320 E Washington St, Louisville, KY 40206, presents a rare opportunity in the desirable Butchertown neighborhood. The building, classified as Class B, is a single-tenant structure encompassing two stories on a 0.17-acre lot. Its versatile design caters to a wide range of uses, encompassing creative office space, flex space, and even light industrial applications. The abundant natural light throughout the creative office areas creates a bright and inviting atmosphere. The property's functionality is further enhanced by the inclusion of one dock-high door and a drive-in door, ideal for warehousing or storage needs. Potential uses are numerous, including but not limited to light industrial operations, retail production, creative office space, or even an event venue. The building's adaptability extends to the possibility of incorporating a residential unit on the second floor, subject to permitted zoning (R-6). Recent improvements include a roof and siding replacement within the past year, ensuring the building's long-term structural integrity. The asking price is $1,500,000, translating to a price per square foot of $147.67. This property offers a unique blend of functionality, location, and recent upgrades, making it an attractive investment opportunity in a thriving Louisville neighborhood.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 10,158 SF
Lot 0.17 ac (7,231 SF)
Zoning code R6-RESIDENTIAL MULTI-FAMI
APN 04019J00190000
UPID US34-0395517
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Everything Cinema Productions Media Distribution
  • Studio NuLu Hotel & Motel Resort
  • Educator's Media Resource Group (EMRG) Media Distribution
  • The Audition Room Consultant Drama School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Current Properties LLC · 15 yrs held
Current Properties LLC
since 2011
6 recorded transactions
2019
Price N/A
2019
Price N/A
2011
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R6-RESIDENTIAL MULTI-FAMI · Louisville, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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