118 Bauer AveLouisville, KY 40207

For Sale
$1,600,000

Prime location, two buildings, high visibility

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional commercial property in St. Matthews, KY, presents a unique investment opportunity. Located at the highly desirable intersection of Bauer Avenue, Lexington Road, and Frankfort Avenue, this property boasts excellent visibility and signage opportunities. The two buildings, totaling approximately 7,587 square feet, sit on a 0.269-acre lot and are zoned C-2. Building 118 Bauer Avenue, a 3,587 square foot freestanding building, features five private offices, a conference room, three restrooms, a large showroom, and ample storage. Building 116 Bauer Avenue, a two-story, 4,000 square foot building, offers versatile space currently configured as office space on both floors, with potential for conversion to apartments on the second floor. The property includes 12 dedicated parking spaces in a side lot, 4 in front, and 3 in the rear, accessible via a commercial alley. The buildings may be sold separately, subject to a minor plat and cross-access parking agreement. This property offers significant potential for a variety of retail or commercial uses, benefiting from its proximity to affluent neighborhoods, major interstates, and numerous amenities. The asking price is $1,600,000, with a price per square foot of $210.89. Built in 1925 and 1956, the property offers a blend of character and potential.

Highlights

  • $1,600,000 asking price for a prime St. Matthews, KY retail property.
  • 7,587 square feet on a 0.269-acre lot, with two buildings.
  • Three units, zoned C-2.
  • Buildings constructed in 1925 and 1956, totaling 7,587 square feet.
  • Excellent visibility and signage at a desirable intersection.
  • 19 dedicated parking spaces.

Property Details for 118 Bauer Ave

Property type
Lifestyle centers, Power centers
Square Feet
7,587 SF
Class
B
Year Built
1925
Buildings
2
Stories
2
Lot Size (sq. ft)
11,718 SF
Units
3

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.25235974
Longitude
-85.66145424
118 Bauer Ave, Louisville, Kentucky

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118 Bauer Ave
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