An exceptional development opportunity in the heart of Shelby Park. This corner commercial unit, with C2 zoning, is strategically located 3 blocks from Shelby Street, surrounded by a thriving residential community. The property's prime location offers an unparalleled opportunity for investors and developers. This property presents a unique canvas with variances already secured for the demolition and reconstruction of an accessory rear unit and a front exterior awning.
Priced competitively, this property offers diverse potential uses, including residential units, short-term rentals (Airbnb), and/or commercial uses. Its adaptable layout and zoning designation provide a rare chance to capitalize on the burgeoning demand for mixed-use spaces in this sought-after neighborhood.
Sold for $152,500 on 10/10/24
$152,500
541 E Ormsby Ave, Louisville, KY 40203
--beds
--baths
3,440sqft
Triplex
Built in 1906
-- sqft lot
$-- Zestimate®
$44/sqft
$1,368 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 26, 2024 at 07:34pm
Listed by:
Jonathan D Klunk 888-624-6448,
EXP Realty LLC
Bought with:
James Brown, 219755
RE/MAX Premier Properties
Source: GLARMLS,MLS#: 1660773
Facts & features
Interior
Heating
- Natural Gas
Features
- Has basement: Yes
Interior area
- Total structure area: 3,140
- Total interior livable area: 3,440 sqft
- Finished area above ground: 3,140
- Finished area below ground: 300
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Tri-Level
- Patio & porch: Patio
Lot
- Size: 3,484 sqft
- Dimensions: 135' x 25'
- Features: Corner Lot, Sidewalk
Details
- Additional structures: Outbuilding
- Parcel number: 023D01280000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Frame
- Roof: Shingle
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Louisville
- Subdivision: Shelby Park
HOA & financial
HOA
- Has HOA: No