Shelby Park Development Opportunity FOR SALE


Louisville, KY - Shelby Park
$800,000 USD
502-645-1729
, Louisville, KY for Sale
$800,000 USD
FOR SALE
1/13
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Shelby Park Development Opportunity
Louisville, KY
Shelby Park


HIGHLIGHTS

  • Combined three-parcel assemblage totaling approximately 0.44 acres in the Shelby Park neighborhood.
  • Opportunity Zone designation with potential eligibility for historic and other development tax credits.
  • C-1 zoning supports a variety of uses, including retail, office, and short-term rental options.

OVERVIEW

This listing includes three properties: 1267, 1269, and 1271 S. Shelby St., for a total acreage of approximately .44 acres zoned C-1, and a combined 10,351 SF of building space. 1267 S. Shelby St.: .202 acres with a 2,100 SF warehouse/garage 1269 S. Shelby St.: .128 acres with a 3,687 SF building with apartments on the 2nd floor, built 1885 1271 S. Shelby St.: .109 acres with a 4,564 SF building, built 1890 Located on S. Shelby St. at a prime corner of the fast-growing Shelby Park area, this development opportunity is a great chance to plant a flag in the neighborhood. Opportunity Zone designation and C-1 zoning allows for a variety of uses, including first floor retail/office, with short term rentals on the upper floors. The large lot allows for off-street parking or other activation of the vacant land. Given the ages of the buildings, development may be eligible for historic tax credits in addition to OZ or other development credits.

ASK ABOUT THIS PROPERTY

Jenny JohnstonColliersMore Info
502-645-1729

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Jenny JohnstonColliersMore Info
502-645-1729

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