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Shelby Park Development Opportunity

1271 S Shelby St, Louisville, KY 40204

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Overview

This listing includes three properties: 1267, 1269, and 1271 S. Shelby St., for a total acreage of approximately .44 acres zoned C-1, and a combined 10,351 SF of building space.

1267 S. Shelby St.: .202 acres with a 2,100 SF warehouse/garage

1269 S. Shelby St.: .128 acres with a 3,687 SF building with apartments on the 2nd floor, built 1885

1271 S. Shelby St.: .109 acres with a 4,564 SF building, built 1890

Located on S. Shelby St. at a prime corner of the fast-growing Shelby Park area, this development opportunity is a great chance to plant a flag in the neighborhood.  

Opportunity Zone designation and C-1 zoning allows for a variety of uses, including first floor retail/office, with short term rentals on the upper floors.  The large lot allows for off-street parking or other activation of the vacant land.  Given the ages of the buildings, development may be eligible for historic tax credits in addition to OZ or other development credits. 

For Sale

Retail
Multifamily
Sale Price
$800,000
Price Per SF
$77.3/SF
Building Size
10,351 SF
Acres
0.4395 ac
Zoning
C1
Zoning Desc.
Commercial
Building Name
1271 S. Shelby Street
Year Built
1890
Property Use Type
Investment
Total Units
2
County
Jefferson
Listed
11/02/2025
Updated
04/24/2026
Listing ID
7280ae33
Parcel APN
025D00910000
Additional Parcel APNs

025D00010000

025D00020000