554 4Th St Louisville, KY 40202
This exceptional investment opportunity presents a two-story, 31,036-square-foot retail building situated on a 0.36-acre lot in the heart of Louisville, Kentucky. The property, encompassing five individual retail units at 554, 556, 558, 560, and 562 South 4th Street, is zoned C3 and offers significant potential for investors and business owners alike. The building benefits from a high-traffic location on a bustling street known for its foot traffic and proximity to popular restaurants, cafes, and boutiques. Current tenants include a rehabilitation center (556 S 4th St) paying $4,500 monthly with three years remaining on its lease; a clothing store (558 S 4th St) paying $2,500 monthly; and a studio (562 S 4th St) paying $3,000 monthly with one year remaining on its lease. The building's strategic location near 4th Street Live!, the Louisville Palace, and The Brown Hotel ensures consistent exposure to both local residents and tourists. Each unit offers flexible, open retail space with large windows, creating inviting storefronts. The asking price for this exceptional property is $2,500,000. This is a rare chance to acquire a well-located, income-producing retail portfolio in a thriving Kentucky market. The property's strong tenant base and prime location make it an attractive investment opportunity with significant upside potential.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.