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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

554 4Th St Louisville, KY 40202

31,036 SF 0.36 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 31,036 SF
Lot 0.36 ac (15,682 SF)
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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