1481 S Shelby St Local commercial 845 m² À vendre Louisville, KY 40217 686 916 € (812,52 €/m²)

Huge price drop - motivated seller! While this property is currently configured as a turnkey restaurant and bar with two liquor licenses in place, it has amazing potential for re-development as street retail with second floor living, or demo and new build on large corner lot in Germantown. As is, this property operates as the 21st Bar in Germantown and Barrel Room, the "oldest bar in Louisville", and is truly a one of a kind opportunity. This two story building has been operating as a bar, restaurant and music venue for many years with several thousand poured into renovations to preserve it's historic nature while creating a fun venue for both locals and tourists. The first floor of the building includes a fully operational bar/ restaurant with courtyard/patio on one side, and a full music event space with another full bar on the other side. Further opportunity awaits on the second floor with a shell space to meet your buildout dreams. Potentially more bar/restaurant space, coffee shop, street retail, medical office, nightclub or event space, or possibly apartment units, Airbnb units, etc. The property has potential for so many uses. Whatever you desire, this space is a beautiful blank canvas full of windows and natural light, ready for a buyer's vision to be made reality.
Even better, this solid structure sits on 0.8443 acres on the corner of S. Shelby Street and E. Burnett Avenue and includes a massive off-street parking lot. A large corner lot is a rare find in the heart of Germantown. So if a bar/restaurant isn’t your desired use, another use on this prime property is easily achievable! (cell tower not included)
AND MORE....The Seller is including FF&E, inventory, liquor license (to be transferred by buyer) and goodwill in the business. Call today for more info! Amanda Helfrich, MAI, Homepage Realty, 502.807.7319