8013 Damascus Road is an office property for lease in Louisville, KY.
The Louisville Bible College is liquidating all real estate assets within its South Louisville campus. This package of properties can be purchased together or separately. Located in a stable location in South Louisville, the portfolio is comprised of a commercial building, raw land, a residential condominium and two single family homes. All assets are located in immediate proximity to each other. This presents an opportunity for an owner user who can occupy the commercial buildings and enjoy ancillary rental income from the residential components, or sell them off separately. An investor could also lease the commercial building to a tenant. The large land tract is ideal for residential or multifamily development.
The breakdown of the assets in this offering are as follows:
-8211 Restoration Drive/ 8013 Damascus Road: 9,566 sf office / school building and detached library; 2,725 sf home; approximately 9 acres that includes over 7 currently vacant acres- Price at $780,000
-8009 Damascus Road: 1,280 sf single family home – Priced at $125,000
-8101 Wendamoor Drive: Unit 31: 572 sf condominium unit – Priced at $45,000
Total Price of Entire Portfolio: $950,000