Development

247 Adams Street - Louisville, KY  40206

This prime development site is located in Butchertown, adjacent to the planned Louisville City FC Soccer Stadium and features fantastic Interstate 64 frontage/exposure and gorgeous views of the Ohio River and downtown Louisville. The property is nearly 2-acres in size and has dual frontage and access from both Adams and Quincy Streets. Zoning is EZ-1, which accommodates several potential uses. Possible development scenarios include apartments, condos, retail, office, self-storage, hospitality, or mixed use. The property abuts the east side of the new stadium project, which is also expected to include retail, office and hotel development. This property is currently improved with small, light industrial, office/warehouse and shell structures. Some leases are in place, generating short-term, interim income for an investor. Additionally, the property is available for lease (see lease listing). Butchertown is up one of Louisville's hottest sub-markets with the well known trendy spots including Work the Metal, Copper and Kings, Bourbon Barrel Foods, Butchertown Grocery. The new Main and Clay apartments are expected to be completed this May with 269-units and a new distillery. Please review the attached Offering Memorandum for more information. Buyer to confirm zoning, site size, floodplain, utilities and all other property information. All information included in this listing is assumed to be accurate but cannot be guaranteed.

$1,960,000
Property Type:
Development 
Status :
Sale Pending 
Lot Size:
85,378 Sq Ft
Acreage:
1.96 Acres
Room For Expansion
No
Days Listed:
95 Days
Updated:
06/25/18 
Broker:
Homepage Realty 

Share This Property Listing
Get Report