925 E MADISON ST Louisville KY 40204-1032

This property offers a spacious and well-built flex warehouse, a duplex and 4 buildable lots with potential as a redevelopment opportunity, sitting on the edge of NULU in the Phoenix Hill Neighborhood.

The property consists of 6 total lots, with a renovated and furnished duplex 832 SF/unit and a 13,070 SF historic warehouse that is prime for a multi-family/mixed-use redevelopment project.

In addition to the buildings, the asking price includes .31 acres of vacant land zoned OR-2.

The duplex features a solid tenant base of medical professionals seeking close proximity to downtown Louisville's medical hub.

Currently, the warehouse is being utilized as a USDA-approved facility and storage for 2 companies that will vacate upon closing. With the OR-2 zoning, the warehouse could be converted to an art gallery, artists studios, event space, or multi-family, as well as several other use cases

• 927 E Madison St - 13,070 SF warehouse with 3 vacant side lots.

  • With OR-2 Zoning the property can be utilized for short term rentals or up to 20 residential units.

  • Highest and best use is flex storage, event space, artists studios or gallery, or a mixed-used multi-family development

• The Warehouse has 3 garage doors

• The steel and concrete block constructed warehouse was built to last. It includes a commercial kitchen, PVC & TPO roofs, as well as a designated office area.

• 925 E Madison St - Duplex brings in $3k a month, two 1BR apartments that rent for $1500 to travel nurses & other traveling professionals. Duplex purchase includes all furnishings. Completely renovated in 2019 down to the studs. New roof, plumbing, electrical, mechanicals, interiors, windows, etc.