1601 Oak StLouisville, KY 40210

For Sale
$125,000

0.71-acre lot, C2 & R7 zoning, $125,000

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 0.71-acre property presents a compelling investment opportunity in Louisville, Kentucky. Located at 1601 W Oak St, 40210, this land parcel boasts versatile C2 and R7 zoning, allowing for a diverse range of development projects. The 1,083 square foot site is priced at $115.42 per square foot, offering significant potential for return. Its strategic location near Downtown Louisville, Norton Health Care Sports and Learning Center, Norton West Louisville Hospital, and Simmons College of Kentucky provides convenient access to key amenities and a strong potential tenant base. The property's designation within a city opportunity zone further enhances its investment appeal. This site is suitable for various uses, including retail, office space, and single-family or multi-family residential development, addressing the area's housing demand. The existing building, approximately 1,083 square feet, could be repurposed or demolished to accommodate a new construction project. This is an ideal opportunity for developers and investors seeking a prime location with flexible zoning and high growth potential in a thriving Kentucky market. The property is available for purchase individually.

Highlights

  • 0.71-acre lot in Louisville, KY, at 1601 W Oak St, 40210.
  • C2 and R7 zoning allows diverse development options.
  • 1,083 sq ft lot priced at $115.42/sq ft.
  • Prime location near Downtown Louisville, Norton Healthcare facilities, and Simmons College.
  • Located in a city opportunity zone.
  • Suitable for retail, office, or residential development.

Property Details for 1601 Oak St

Property type
Other retail properties, Individual retail properties
Square Feet
1,083 SF
Buildings
1
Lot Size (sq. ft)
30,928 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.237156
Longitude
-85.781041
1601 Oak St, Louisville, Kentucky

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1601 Oak St
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