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    • For Lease
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    • Brokers
    900 Market St Louisville, KY 40206-1649
    Property profile & analytics

    900 Market St, Louisville, KY 40206-1649

    View on Map

    • Turn key restaurants
    • 5,930 SF
    • 0.20 lot acres
    Off-Market
    Last Sale May 27, 2021
    $1,650,000
    Property ID
    US34-0354612
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,655,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commonwealth Credit Union / Credit Union
    • HDDs Inc / Renovation Specialist / (Bike/Boat/Book/etc) Store
    • Guaca Mole / Restaurant
    • Guaca Mole Modern Mexican / Restaurant

    Property Details for 900 Market St

    Year built
    1890
    Lot size
    0.20 lot acres
    Zone code
    EZ1-ENTERPRISE ZONE
    Property type
    Turn key restaurants
    APN
    04017E00710000
    APU
    04017E00710000

    Description

    This meticulously maintained, two-story retail building at 900 W Market St in Louisville, KY, offers 12,012 square feet of space on a 0.7-acre lot. The property, classified as Class C, boasts a prime location in the Central Business District at a high-visibility intersection, ensuring excellent curb appeal and exposure. A recent, comprehensive renovation (approximately four years ago) modernized the building throughout. Currently configured as multi-tenant, the space is flexible enough to accommodate a single user. The building includes a private parking lot with 31 spaces, supplemented by ample on-street parking options. There are currently two short-term tenants occupying approximately 3,192 square feet. The asking price is $1,495,000, translating to $124.46 per square foot. This presents a compelling investment opportunity in a thriving downtown location. The property's versatility, ample parking, and high visibility make it an attractive prospect for a variety of retail uses. The building's recent renovation ensures minimal immediate capital expenditure needs, allowing for a swift return on investment. This is a rare opportunity to acquire a well-maintained, high-profile retail property in a desirable downtown Louisville location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,645,000
      ML approach
      $1,670,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,072,000
      Market price range: $596k - $2.07M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,305,000
      Current use
      AUTO REPAIR, GARAGE
      $1,135,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7358
    Latitude
    38.2526
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $28,841
    $219,740
    $1,929,340
    $2,149,080
    -
    $219,740
    $1,929,340
    $2,149,080
    More about this property
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