Property summary
This exceptional retail property at 2139 Dixie Hwy in Louisville, Kentucky, presents a compelling investment opportunity. The 11,268 square foot building, constructed in 1950, sits on a 0.97-acre lot and is zoned C1. The property boasts 5,634 square feet of net rentable space, currently occupied by long-term tenants, ensuring a stable income stream. Its prime location on Dixie Highway, between I-264 and Algonquin Parkway, guarantees high visibility and accessibility for customers. The single-story building offers significant potential for future expansion, with additional land available behind the main structure. This presents a unique chance to capitalize on the existing tenant base while exploring growth opportunities. The asking price is $975,000. This property is a rare find, combining established income with future development potential in a high-demand area. Don't miss this chance to acquire a valuable asset in a thriving Louisville market.
Property profile
VerifiedCap rate & NOI
Current use
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Barber Shop
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Plumbing Service General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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