2707 S 7th St, Louisville, KY 40215

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Heather L A.

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Building Details:

• Year Built: 1948

2707 S 7th St is aretail property for lease in Louisville, KY.

REDUCED!!!!!!!!!!!! GARAGE DOORS HAVE BEEN INSTALLED!!!!!!!!! Storage units are starting o be leased out hope to be at full capacity soon Great Income!!!!!!!!! Great Opportunity C2 Zoned 2 story building over 3000 sq ft on first 2 levels and approx 1,025 sq ft in unfinished basement and 2 storage buildings that consist of 23 rental units. The 2 story building has been many different businesses from a liquor store, to a pawn shop, to a cash advance. There is a drive through window and multiple doors to section off the building and rent smaller units. Also the upstairs was once used as sleeping rooms and an apartment it has been converted back to a 4 bedroom apartment with an updated bath, new flooring, fresh paint, and a new kitchen. The first floor has always been used as a business and can easily be subdivided into 2 separate units for more potential income. All storage units except for 3 units are vacant the Owner is currently renovating the units and filling in the occupancies. When leased there are 16 210 X 25 units that rent for $115 a month and 7 10 X 10
units that rent for $75 a month potential rental income for these units totals $2300 a month. The building has been vacant and not under management for over a year that is why there are vacancies ,now there is management and the units will are filling up. Owner just installed all new doors see the pictures. Also the Owner has installed fencing. There are so many possibilities with this property also all 3 buildings have new roofs installed 3 months ago. Everything has been painted inside and out, you can live on the second floor and run your business on the first floor GREAT OPPUTUNITY!!!!!!!!!!!!!

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