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2801 W Madison St 1,500 SF Retail Building Louisville, KY 40211 $305,000 ($203.33/SF)

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EXECUTIVE SUMMARY

Completely renovated and owner-occupied for over 20 years, this well-established upscale salon is a rare opportunity. The salon boasts modern, high-end finishes and is positioned on a prominent corner for maximum visibility. Included in the sale is an extra lot directly across the street, adding significant value and potential for expansion. Ideal for a savvy investor or business owner looking to continue the legacy of this thriving, long-standing business.
Members-only remarks
Please contact Latonia Isenberg (502 797-7808 or Tiffany Adams (502) 641-2893 for all showings.
The property is currently zoned R6 but has a "CUP" for a C-1 use as an upscale salon that can transfer with the building if needed for continued use.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,500 SF
Building Class
B
Year Built/Renovated
1950/2023
Price
$305,000
Price Per SF
$203.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
R6-RESIDEN
Frontage
136’ on West Madison Street
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Rent-A-Center
Kroger
Stock Yards Bank & Trust
Truist
PNC Bank
Buddy's Home Furnishings
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002G00270000
Land Assessment
$3,500
Improvements Assessment
$86,850
Total Assessment
$90,350
  • Listing ID: 33744927

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 2801 W Madison St, Louisville, KY 40211

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