713 E Market St Louisville, KY 40202
For Sale
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This exceptional mixed-use property, located at 713 E Market St in Louisville, Kentucky, presents a lucrative investment opportunity. The 9,530 square foot free-standing building sits on a 0.35-acre lot and is zoned C-2 Commercial District. Currently operating as both a gas station and a restaurant, this established business offers immediate income potential for an owner/user. The property's strategic location in Jefferson County, zip code 40202, ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The asking price is $4,300,000, translating to $472.19 per square foot. The property is offered under a NNN lease type, minimizing the owner's operational responsibilities. The APN is 017DSROW0000. This turnkey operation is ideal for an investor seeking a strong return on investment in a thriving commercial district. The property's versatility allows for potential expansion or adaptation to suit various business needs within the permitted zoning regulations. This is a rare opportunity to acquire a well-established, high-performing commercial property in a prime Louisville location. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2-COMMERCIAL · Louisville, KYLouisville. Always verify with local authorities before improvements.
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.