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8609 Citadel Way

5,141 SF Retail Building Louisville, KY 40220 $2,500,000 ($486/SF)

Executive Summary

Freestanding, single story 5,136 sf former restaurant converted to modern office and classroom space. Prime location on South Hurstbourne Parkway with over 1.5 acres, zoned C-2. There is approximately 109 +- car parking. Building was built in 2004 and completely renovated in 2020- 2021. Brand new updates all less than 3 years old including roof, mechanicals, lighting, plumbing and electric. Building in turn key condition. 2 sets of new restrooms. Parking lot asphalted, sealed and striped within the last several years. Much of the restaurant infrastructure including heavy power and grease trap has been retained if buyer desires restaurant use. There are 3 curb cuts into the property from Greene Way and Citadel Way. Large LED pole sign.
Ideal uses include vocational or professional training, education center, church, lab and technology company, pharmacy, senior living center, adult day care, medical or surgery center, engineering office, real estate offices or a user needing to assemble large groups of people.
Located just off of Taylorsville Road between Famous Dave’s and Home Depot, approximately 1.5 +- miles to I-64.
There are a number of nearby amenities and users including Kroger Marketplace, Famous Dave’s, Target, AMC theatre, White Castle, Home Depot, Walgreens, Chick-Fil-A, 7 Brew and Drake’s.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,141 SF
Building Class
C
Year Built
2004
Price
$2,500,000
Price Per SF
$486
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.54 AC
Zoning
C2
Parking
107 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
226 FT on Citadel Way

Amenities

  • Pylon Sign
  • Restaurant

Nearby Major Retailers

McAlister's Deli
Steak ‘n Shake
Kroger
Starbucks
Truist
Famous Dave's
Buffalo Wild Wings
Stock Yards Bank & Trust
Longhorn Steakhouse
Smokey Bones BBQ & Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003807950000
Land Assessment
$741,300 (2023)
Improvements Assessment
$1,407,650 (2023)
Total Assessment
$2,148,950 (2023)
  • Listing ID: 34225847

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 8609 Citadel Way, Louisville, KY 40220

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