2407 S Shelby St - Storefront FOR SALE


Louisville, KY 40217- Schnitzelburg
$200,000 USD
502-387-1957
2407 S Shelby St, Louisville, KY for Sale
$200,000 USD
Storefront - FOR SALE
1/6
null | 7.5% Cap Rate

2407 S Shelby St
Louisville, KY 40217
Schnitzelburg


OVERVIEW

FOR SALE: Prime Income-Generating Commercial Asset 2047 South Shelby Street, Louisville, KY 40217 Strategically located in the sought-after Schnitzelburg neighborhood, this property offers a turnkey investment opportunity with a stable, long-term tenant. Currently operating as a professional dog grooming facility, the building sits on a high-visibility corner near the intersection of South Shelby and Goss Avenue. Investment Highlights Established Tenant: 100% occupied by a specialized pet grooming business New Long-Term Lease: Tenant has recently signed a two-year lease extension, providing rental income through December 31, 2027. This is a modified lease. Year 1- $1,600 Year 2-$1,625 Location: Situated in the heart of Schnitzelburg/Germantown, one of Louisville’s most active commercial and residential submarkets. Property Specifications: Approximately 1,100 sq. ft. of interior space on a 3,049 sq. ft. lot. The building features original architectural character, updated interior and specialized plumbing infrastructure suited for the current use. Zoning: Located within the Urban Center Neighborhood Form District, allowing for high-intensity mixed-use flexibility in a pedestrian-friendly corridor. Important Showing Information TENANT-OCCUPIED: This is an active place of business. DO NOT DISTURB TENANTS For financial details, lease terms, or to schedule a private tour, please feel free to reach out.

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-1

APN/PARCEL ID

024K00060000

ASK ABOUT THIS PROPERTY

Brigitte OwensColliersMore Info
502-387-1957

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Brigitte OwensColliersMore Info
502-387-1957

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