2407 S Shelby St 1,020 SF 100% Leased Retail Building Louisville, KY 40217 $200,000 ($196.08/SF) 7.50% Cap Rate

FOR SALE: Prime Income-Generating Commercial Asset
2047 South Shelby Street, Louisville, KY 40217
Strategically located in the sought-after Schnitzelburg neighborhood, this property offers a turnkey investment opportunity with a stable, long-term tenant. Currently operating as a professional dog grooming facility, the building sits on a high-visibility corner near the intersection of South Shelby and Goss Avenue.
Investment Highlights
Established Tenant: 100% occupied by a specialized pet grooming business
New Long-Term Lease: Tenant has recently signed a two-year lease extension, providing rental income through December 31, 2027. This is a modified lease. Year 1- $1,600 Year 2-$1,625
Location: Situated in the heart of Schnitzelburg/Germantown, one of Louisville’s most active commercial and residential submarkets.
Property Specifications: Approximately 1,100 sq. ft. of interior space on a 3,049 sq. ft. lot. The building features original architectural character, updated interior and specialized plumbing infrastructure suited for the current use.
Zoning: Located within the Urban Center Neighborhood Form District, allowing for high-intensity mixed-use flexibility in a pedestrian-friendly corridor.
Important Showing Information
TENANT-OCCUPIED: This is an active place of business.
DO NOT DISTURB TENANTS
For financial details, lease terms, or to schedule a private tour, please feel free to reach out.