245 Adams St Louisville, KY 40206
- Auto shops
- 0.06 lot acres
Current Use by Public Records
- Diegos home maintenance / Property Maintenance
Property Details for 245 Adams St
- Lot size
- 0.06 lot acres
- Zone code
- EZ1-ENTERPRISE ZONE
- Property type
- Auto shops
- APN
- 04020E01260000
- APU
- 04020E01260000
Description
This exceptional 2-acre development site in Louisville's vibrant Butchertown neighborhood presents a unique investment opportunity. Boasting extensive Interstate 64 frontage and exposure, it offers unparalleled visibility and accessibility. Enjoy stunning Ohio River waterfront views and proximity to the Louisville City FC Soccer Stadium. The property benefits from two curb cuts, providing access from both Adams and Quincy Streets. Zoned EZ-1, it's approved for a wide range of commercial uses, including multi-family, hotel, self-storage, and mixed-use developments (street retail and upper-level residential). The site's versatility also lends itself to creative projects such as music venues, event spaces, farmer's markets, food truck parks, bourbon distilleries, or restaurants. Located within an Opportunity Zone, this property offers additional tax advantages for developers. A clean environmental report is available. Currently, some small accessory buildings and a barn are on-site, generating interim income via short-term leases. An adjacent 0.56-acre parcel is also available for purchase (separate listing). This property offers a compelling combination of location, zoning, and potential, making it an ideal choice for discerning investors seeking a high-impact development project in a thriving urban setting. The asking price is $1,595,000.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7267
- Latitude
- 38.2599
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
