ABSOLUTE AUCTION – SELLS TO THE HIGHEST BIDDER REGARDLESS OF PRICE!
Bidding begins to close Wednesday, September 2 at 6:30 PM.
5701 S. 3rd Street presents a flexible mixed-use value-add opportunity positioned between the Iroquois Park and Beechmont neighborhoods, an area of South Louisville that has experienced increasing investment and buyer demand in recent years.
The approximately 2,472-square-foot building has operated for many years as a chiropractic office combined with two residential units. The entire building is vacant, giving the next owner immediate control over renovation, leasing, occupancy, and future use.
A buyer can evaluate continuing the mixed office/residential configuration, renovating and leasing the existing units, creating a larger residential configuration, establishing an owner-occupied professional office with supplemental rental income, or exploring other uses compatible with OR-2 zoning and applicable Louisville Metro requirements.
And because the building is vacant, the next owner controls the strategy from day one. There are no existing leases or tenants dictating renovation schedules, rents, occupancy, or future plans.
For investors, owner-users, entrepreneurs, or buyers looking for a property they can reposition over time, 5701 S. 3rd Street offers multiple paths forward at a price determined entirely by the market.
The shed and certain contents may be removed prior to closing and should not be considered part of the real estate offering unless otherwise stated in the auction terms.