Barbarella Louisville | 116 E Main St
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Barbarella Louisville 116 E Main St
10,660 SF Retail Building Louisville, KY 40202 $1,595,000 ($150/SF)
Investment Highlights
- Located steps away from "Whiskey Row" a few blocks away from the "KFC Yum Center"
- Open Plan with exposed brick. Existing bars and nightclub layout
- Close proximity to Yum Center, river front park
Executive Summary
Adjacent to Nulu - Prime location investment. With its rich history and potential for various uses, you have plenty of options to explore.
*Location: The property is steps away from Louisville's Whiskey Row, which is known for its vibrant entertainment and dining district. Being in the heart of downtown Louisville, it offers exposure to a large number of metro commuters and benefits from its proximity to Southern Indiana.
*Building Description: The three-story building, built in 1888, spans over 10,000 square feet. Its historic charm and architecture can be leveraged to create a unique and appealing space for visitors.
*Previous Use: The building was previously used as a night club but had to close due to the COVID-19 pandemic. This closure presents an opportunity for you to reimagine the space and give it a new lease on life.
*Zoning: The property is zoned as C-2, providing flexibility for various uses. Some potential options include converting it into a distillery tasting facility, a multi-restaurant and event venue, or a Bourbon "speak easy." The possibilities are endless, limited only by your imagination and local regulations.
*Proximity to Amenities: The property's location offers several advantages. It is adjacent to a five-story parking garage, making it convenient for visitors. It's also within blocks of the KFC Yum Center, Louisville Slugger Field, and the Louisville Slugger Museum, adding to its appeal as an entertainment destination. Additionally, being centrally located between main expressway and interstate access points and the world-famous "Bourbon district" enhances its visibility and accessibility.
*Airbnb Potential: The property is zoned for Airbnb conversion, which opens up the opportunity for short-term rentals. This could be an additional revenue stream or a way to showcase the unique character of the building to travelers.
It's important to conduct due diligence and consult with professionals, such as real estate agents, architects, and zoning experts, to fully explore the feasibility of your desired plans.
*Location: The property is steps away from Louisville's Whiskey Row, which is known for its vibrant entertainment and dining district. Being in the heart of downtown Louisville, it offers exposure to a large number of metro commuters and benefits from its proximity to Southern Indiana.
*Building Description: The three-story building, built in 1888, spans over 10,000 square feet. Its historic charm and architecture can be leveraged to create a unique and appealing space for visitors.
*Previous Use: The building was previously used as a night club but had to close due to the COVID-19 pandemic. This closure presents an opportunity for you to reimagine the space and give it a new lease on life.
*Zoning: The property is zoned as C-2, providing flexibility for various uses. Some potential options include converting it into a distillery tasting facility, a multi-restaurant and event venue, or a Bourbon "speak easy." The possibilities are endless, limited only by your imagination and local regulations.
*Proximity to Amenities: The property's location offers several advantages. It is adjacent to a five-story parking garage, making it convenient for visitors. It's also within blocks of the KFC Yum Center, Louisville Slugger Field, and the Louisville Slugger Museum, adding to its appeal as an entertainment destination. Additionally, being centrally located between main expressway and interstate access points and the world-famous "Bourbon district" enhances its visibility and accessibility.
*Airbnb Potential: The property is zoned for Airbnb conversion, which opens up the opportunity for short-term rentals. This could be an additional revenue stream or a way to showcase the unique character of the building to travelers.
It's important to conduct due diligence and consult with professionals, such as real estate agents, architects, and zoning experts, to fully explore the feasibility of your desired plans.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
10,660 SF
Building Class
C
Year Built/Renovated
1888/2005
Price
$1,595,000
Price Per SF
$150
Tenancy
Single
Building Height
3 Stories
Building FAR
2.45
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C-3 - Commercial & Entertainment.
Frontage
21 FT on Main St
Amenities
- Atrium
- Bus Line
- Corner Lot
- Freeway Visibility
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (86)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,477,370 | |
| Land Assessment | $494,050 | Total Assessment | $1,971,420 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$494,050
Improvements Assessment
$1,477,370
Total Assessment
$1,971,420
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Barbarella Louisville | 116 E Main St
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