Charming Historic Retail Building in West Louisville - Prime Investment Opportunity"

2201 W Broadway Louisville, KY 40211

2201 W Broadway, Louisville, KY, 40211
Two Properties
2201 W Broadway, Louisville, KY, 40211 2201 W Broadway, Louisville, KY, 40211
FOR SALE
Property Type:
Street Retail
Amount:
$1,551,000
Last Verified:
Apr 09, 2024

Highlights

  • -Rapidly growing area**
  • -Close proximity to new hospital being constructed
  • -Charming historic building with 4,168 SF of space
  • - Established presence in the West Louisville market
  • - Prime corner lot location for visibility and access
  • - Potential for value appreciation
  • - Proximity to amenities and conveniences for tenants
  • - Strong investment opportunity in a sought-after area

Description

Investor opportunity-two parcels on corner lot along rapidly developing West Broadway corridor. Explore the vibrant West Louisville market, within a few blocks of the under construction, $100 Million, West Louisville Norton Hospital. West Broadway corner lot adds to the value of this package, near all of the new YMCA, JCPS and Popeyes. The growth and the new construction projects underway give this property significant investment opportunity and proximity to key landmarks, the location presents an enticing opportunity for investors and the future possibilities are endless.

two parcels, 2201 and 2205 West Broadway


Year Built: 1880
Building Size: 4168sq ft
Lot Size: 0.08 acres

Map of 2201 W Broadway, Louisville, KY, 40211

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.