Share This Listing

Message

940 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Jays Auto Sales Inc. 1545 Berry Blvd 4,258 SF 100% Leased Retail Building Louisville, KY 40215 $719,000 ($168.86/SF) 16.59% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Busy street near Churchill Downs and the Watterson Expressway

EXECUTIVE SUMMARY

Motivated sellers! Neighborhood staple for 60 years! Great location, two points of egress.

ATTACHMENTS

berry_flyer

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,258 SF
Building Class
C
Year Built/Renovated
1944/2015
Price
$719,000
Price Per SF
$168.86
Cap Rate
16.59%
NOI
$119,280
Business Value
$219,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.48 AC
Zoning
C2 - Currently Zoned C2
Frontage
110’ on Berry Blvd

AMENITIES

  • Corner Lot

ABOUT 1545 BERRY BLVD , LOUISVILLE, KY 40215

We are pleased to offer this one of kind retail, neighborhood staple! Jays Auto Sales opened in 1963 and is a successful dealership in the Wyandotte area located less than one mile from Churchill Downs and the Watterson Expressway. Helping customers purchase vehicles for decades while also offering buy here, pay here financing. Offering an excellent corner lot location, modern and upscale sales area/customer lounge, offices, with four bays and 2 lifts, a large bathroom complete with shower, everything needed to run a successful auto dealership. There is also rental income! Everything stays! This includes all computers, office furniture, etc. This listing offers a solid cap rate for investors!

NEARBY MAJOR RETAILERS

Truist
PNC Bank
Chase Bank
MacKenzie River Pizza
Bestway Rent to Own
Rent-A-Center
Buddy's Home Furnishings
Fifth Third Bank
U.s. Bank Branch

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
064E00190000
Land Assessment
$31,470
Improvements Assessment
$179,880
Total Assessment
$211,350
  • Listing ID: 35086582

  • Date on Market: 3/10/2025

  • Last Updated:

  • Address: 1545 Berry Blvd, Louisville, KY 40215

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}