1113 Logan St Louisville, KY 40204
This exceptional Louisville, KY commercial property, located at 1113 Logan St, zip code 40204, offers 4,873 square feet of versatile space ideal for retail, restaurant, or special purpose uses. The property comprises three structures: a former residence (approximately 1,400 sq ft), a workshop/garage (approximately 2,400 sq ft), and a rear garage with high ceilings (approximately 1,200 sq ft). Currently zoned OR-2, the property is undergoing rezoning to C-1, anticipated to be complete by June 2024. Situated on a vibrant retail corridor near the Logan Street Market, this single-tenant space benefits from significant recent investment in the area and an upcoming two-way traffic conversion on Logan and Shelby Streets, promising increased retail visibility. Built in 1950, this Class C property presents a unique opportunity for a business seeking a flexible and well-located space in a rapidly developing neighborhood. The property's diverse structures offer adaptable layouts to suit a variety of commercial needs. Its proximity to the Logan Street Market provides excellent access to foot traffic and a thriving community atmosphere. This is a prime opportunity to establish a presence in a dynamic and up-and-coming Louisville location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.