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Multi-Use Property(former bbq rest.)For Sale 7508 Preston Hwy 4,103 SF Retail Building Louisville, KY 40219 $699,999 ($170.61/SF)
Investment Highlights
- Fully equipped kitchen with walk-in freezer, three commercial smokers, and complete back- and front-line setup
- Divisible layout offers flexible tenant or user configurations
- Strong redevelopment potential for multiple retail or commercial uses
- Rapid retail and multifamily apartments development in the immediate neighborhood
- Located in a high-traffic area with direct expressway access
- Seller is highly motivated to sell the property
Executive Summary
Multi-use retail property for sale at 7508 Preston Hwy in Louisville, KY. The space is vacant, and the former restaurant business is not included in this offering. The property is highly negotiable, and leftover equipment from the prior operation can be included if desired by the buyer. Equipment available includes a full kitchen setup with a walk-in cooler/freezer (25' x 12'), an additional Bally walk-in cooler/freezer located outside near the kitchen, and three Southern Pride smokers in very good condition.
Located on a busy, highly visible corridor, the building offers flexible opportunities. The space is easily divisible, making it an attractive option for redevelopment or conversion to different retail uses. Existing infrastructure may be retained or cleared to suit the buyer’s vision. There are 3 signs available to the buyer providing great curb appeal for next the business that operates out of this location.
This is a versatile site with significant adaptability for new concepts, redevelopment, or continued food-service use. Everything is open to discussion.
Located on a busy, highly visible corridor, the building offers flexible opportunities. The space is easily divisible, making it an attractive option for redevelopment or conversion to different retail uses. Existing infrastructure may be retained or cleared to suit the buyer’s vision. There are 3 signs available to the buyer providing great curb appeal for next the business that operates out of this location.
This is a versatile site with significant adaptability for new concepts, redevelopment, or continued food-service use. Everything is open to discussion.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
4,103 SF
Building Class
C
Year Built/Renovated
1970/2022
Price
$699,999
Price Per SF
$170.61
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.44 AC
Zoning
C1 - Commercial
Parking
25 Spaces (6.09 Spaces per 1,000 SF Leased)
Frontage
113’ on Preston Hwy
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
- Cafe
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2025 Population
8,530
66,370
186,416
407,003
2030 Population
8,814
67,676
190,419
415,841
2025-2030 Projected Population Growth
3.3%
2.0%
2.2%
2.2%
Median Age
37.9
37.7
38.2
38.6
College Degree + Higher
20%
17%
21%
18%
Daytime Employees
6,547
29,066
91,910
188,472
Total Businesses
773
2,720
7,624
19,613
Average Household Income
$64,052
$71,277
$77,638
$82,943
Median Household Income
$49,521
$54,547
$59,914
$63,646
Total Consumer Spending
$81.4M
$663.4M
$2B
$4.6B
2025 Households
3,553
26,167
74,915
166,419
Average Home Value
$184,539
$201,456
$219,992
$256,955
Nearby Major Retailers
Property Taxes
| Parcel Number | 074801180000 | Improvements Assessment | $66,060 |
| Land Assessment | $210,170 | Total Assessment | $276,230 |
Property Taxes
Parcel Number
074801180000
Land Assessment
$210,170
Improvements Assessment
$66,060
Total Assessment
$276,230
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Multi-Use Property(former bbq rest.)For Sale | 7508 Preston Hwy