Property History
This prime development site offers an outstanding investment opportunity. The seller, currently undergoing a Chapter 7 bankruptcy, is highly motivated and open to all offers.
Property Overview:
- Development Potential: Ideal for a boutique hotel, short-term rentals, or mixed-use purposes.
- Prime Location: Situated in the Central Business District (CBD) within walking distance to 4th Street Live!, Kentucky International Convention Center, YUM! Center, Whiskey Row, restaurants, shopping, and numerous hotels including the new OMNI, 21C, Seelbach Hotel, Hyatt, and Galt House.
- Building Specifications: 81,374 sqft finished space above ground, 6-story building comprising 24 apartments, 9 office spaces, and an event space.
- Zoning: Located in the CBD and zoned C-3.
- Opportunity Zone Site: Eligible for significant tax incentives.
- Accessibility: Easy access to all interstates.
- Redevelopment Potential: Positioned near $1.4 billion of planned projects in the CBD.
- Infrastructure- Robust physical infrastructure providing a significant foundation for redevelopment.
Heating & Cooling Systems:
- Systems require servicing and maintenance.
- Equipment includes:
- 3 ton Climate Master
- Energy Miser Furnace
- 2 ton Climate Master
- Two 5 ton Climate Master units
- McQuay air conditioning unit
- Two Daikin air conditioning units
- WSHP 48 K LH COMM VERT
- Bosch EC Series Water Source Heat Pump – Water-to-Air Large Capacity
This property is poised for significant redevelopment and offers a multitude of possibilities for savvy investors. Contact us today to explore this unique opportunity.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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