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    OFF-MARKET
    Medical Office Space

    1944 Jefferson St, Louisville, KY 40203

    1,897 SF
    Property ID
    US34-2359908
    Property summary
    AI-generated overview

    This exceptional 1,897 square foot medical office building presents a unique investment opportunity in Louisville, Kentucky's vibrant Russell neighborhood. Located at 1944 W Jefferson St, this single-tenant property is fully finished and ready for immediate occupancy. The building boasts a flexible layout, currently featuring a large co-working space, a private office, and two restrooms. Its C-R (Commercial/Residential) zoning allows for diverse uses, making it ideal for a variety of medical practices or related businesses. The property's strategic location places it at the center of the neighborhood's ongoing revitalization efforts, promising significant future growth potential. The building's address is 1944 W Jefferson St, Louisville, KY 40203, with Jefferson County APN 002F00350000. Note that the upper level currently operates as two short-term rental units, offering additional income potential or the possibility of conversion to further expand the medical office space. The entire 1,897 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. This property represents a rare chance to acquire a well-located, versatile medical office building in a rapidly developing area.

    Property profile
    Verified
    Property type Medical Office Space
    Total area 1,897 SF
    UPID US34-2359908
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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