1402 S 15th St - Light Distribution FOR SALE


Louisville, KY 40210- Park Hill
$1,350,000 USD
502-807-2706
1402 S 15th St, Louisville, KY for Sale
$1,350,000 USD
Light Distribution - FOR SALE
1/35
null | Request Cap Rate

Nov '25


1402 S 15th St
Louisville, KY 40210
Park Hill


HIGHLIGHTS

  • Good business in storage space

OVERVIEW

This business listing in Louisville, Ky. is for a thriving, consistent and verifiable storage business. It has a nice mix of interior and exterior storage. Outside you'll find 113 shipping containers. Inside you will find approximately 40 rooms, some rented as traditional storage, others used for other purposes and on the back dock you'll find 20 garage bays. It also has a completed recording studio. The lower section of the roof is brand new. The business produces approximately $324,000 in annual gross revenue and NOI of $231,000. The sales price is $1,350,000 (business only, building to be leased @ $10,000 a month to buyer, unless a deal could be put together for the real estate). The business has a very honest and capable office manager who works part time for $18,000/yr. Operations are tracked using verifiable books as well as online spreadhseets and ledgers. The owner is downsizing. Seller will provide 90 days of training and transition support to ensure a seamless handover. This opportunity offers a stable, recurring-revenue business with clear financial transparency and operational success. The property has 3 very nice upgraded offices as well as 2 bathrooms in the office area as well as one public restroom upstairs.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

1

PARKING SPACES

4

LAND DETAILS

LAND ACRES

2.47

LAND SF

107,593

ZONING

EZ1

APN/PARCEL ID

039H00330000

ASK ABOUT THIS PROPERTY

Sean McBrideHomepage RealtyMore Info
502-807-2706

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Sean McBrideHomepage RealtyMore Info
502-807-2706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.