1481 Shelby StLouisville, KY 40217

For Sale
$949,000

Historic Louisville bar, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 9,704 sq ft mixed-use property in Louisville, KY, presents a unique investment opportunity. Located at 1481 S Shelby St, this 0.9-acre corner lot (APN 026F00300000) boasts a C-1 zoning designation. The existing two-story building, known as the 21st Bar, currently operates as a bar and restaurant with a music venue, featuring a fully functional first floor with two bars, a courtyard/patio, and a large event space. The second floor offers a substantial shell space, ready for build-out to suit a variety of uses. Potential uses include additional bar/restaurant space, a coffee shop, nightclub, event space, apartment units, Airbnb units, office space, or retail. The property's large off-street parking lot is a significant advantage. The sale includes fixtures, furniture, equipment (FF&E), inventory, and a liquor license (transferable to the buyer). This prime location in Germantown offers high visibility and accessibility, making it ideal for a variety of commercial ventures, including redevelopment. The seller is motivated, presenting a compelling opportunity for a discerning investor.

Highlights

  • 9,704 SF mixed-use property on a 0.9-acre corner lot in Louisville, KY's Germantown neighborhood.
  • Includes building, FF&E, inventory, and a transferable liquor license.
  • Second floor offers 9,704 SF of vacant shell space with utilities ready for build-out.
  • C-1 zoning allows for diverse uses, including redevelopment.

Property Details for 1481 Shelby St

Property type
Other retail properties, Restaurants
Square Feet
9,704 SF
Lot Size (sq. ft)
39,204 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2246972
Longitude
-85.7418678
1481 Shelby St, Louisville, Kentucky

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1481 Shelby St
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