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Germantown Restaurant/Bar or Redevelopment Opportunity

Restaurant/ Bar For Sale

Listing Contacts

Active

Asking Price: $949,000
Address 

1481 S Shelby St, Louisville, KY 40217

Show on Map
Date Added
Oct 25, 2024
Days on Market
150 days
Time Since Last Update
150 days

Details

Property TypeLand, Mixed Use, Office, Retail
SubtypeBar, Grocery Store, Restaurant
Square Footage9,704
ZoningC-1
Lot Size (acres)0.9
APN026F00300000

Marketing Description

Priced reduced, motivated seller! Incredible opportunity to purchase the "oldest bar in Louisville", the 21st Bar in Germantown and Barrel Room is truly a one of a kind opportunity.​ This two story building has been operating as a bar, restaurant and music venue for many years with several thousand poured into renovations to preserve it's historic nature while creating a fun venue for both locals and tourists.​ The first floor of the building includes a fully operational bar/ restaurant with courtyard/patio on one side, and a full music event space with another full bar on the other side.​ Further opportunity awaits on the second floor with a shell space to meet your buildout dreams.​ Potentially more bar/restaurant space, coffee shop, nightclub or event space or possibly apartment units, Airbnb units, office or retail? The property has potential for so many uses, even medical m Whatever you desire, this space is a beautiful blank canvas full of windows and natural light, ready for a buyer's vision to be made reality.​

Even better, this solid structure sits on 0.8443 acres on the corner of S.​ Shelby Street and E.​ Burnett Avenue and includes a massive off-street parking lot.​ A large corner lot is a rare find in the heart of Germantown.​ So if a bar/restaurant isn’t your desired use, another use on this prime property is easily achievable!

AND MORE.​.​.​.​The Seller is including FF&E, inventory, liquor license (to be transferred by buyer) and goodwill in the business.​ Call today for more info! Amanda Helfrich, MAI, Homepage Realty, 502.807.7319

Investment Highlights

Corner location in Germantown

Real estate, FF&E - ALL included!

Vacant/ shell second floor space with lots of light, electric, plumbing ready for build out or storage

Utilize as restaurant/bar, convert to another use, OR demo and re-develop on 0.90 acres of land

Valuation Calculator

Valuation Calculator

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Due Diligence

Due diligence information will be provided.
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Listing Contacts


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