Listed by Colliers
$580,000
1015 S 4th St
Details
APN 029H00630000
Property Type Office
Sub Type Executive Office
Square Footage 8,646
Price per SqFt $67
Class C
Buildings 1
Stories 3
Acreage 0.257
Zoning TNZD
Parking Spaces 18 spaces
Parking Per SqFt 2.08
Investment Type Owner/User
Office | 8,646 SqFt
Marketing description
This beautiful victorian office building is situated in the heart of Old Louisville. It is in close proximity to Simmons College, Spalding University, and the University of Louisville; making it an excellent choice for businesses seeking a connection to the academic and professional community. The ideal buyer would be an owner occupant wanting additional income as well as an investor. Landlord is currently getting $3,785 a month in rent. The rents are below market rate so there could be an opportunity to increase rental rates as well as fill vacancies.
Investment highlights
- Prime location
- Income generating with opportunity to increase rental rates.
- Flexible size office spaces
- Ample parking
- Shared common areas which include, foyer, conference and kitchen.
- Improvements:
- Roof less than 10 years old
- New boiler installed in 2024
- For financials please go to the deal room:
- https://connect.prgproperty.com/deal-room/306?signature=b1d3aefb5fb8088254c345ee1ad56b5788538c56fe795f0f5598fa7ba47d2d5a
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Listed by Colliers
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