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1541 West Oak Street Commercial Portfolio Offering | 3 Parcels

1541 W Oak St, | 1601 W Oak Street, Louisville, KY 40210

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Overview

Investor / Developer Opportunity – Portfolio Offering

Rare opportunity to acquire approximately 3 acres of commercially zoned land (C-2 & R-7) in Louisville’s designated Opportunity Zone. The offering includes three separate parcels featuring a vacant church structure requiring renovation (approx. 18,000 SF), a community center building constructed in 2009 (approx. 2,550 SF), and a single-family residence (approx. 1,083 SF).

Properties are being marketed both individually and as a discounted portfolio package, creating flexibility for phased redevelopment, land banking, or mixed-use residential and commercial infill concepts. Strategic location near Downtown Louisville, Norton Healthcare Sports & Learning Center, Norton West Louisville Hospital, and Simmons College of Kentucky enhances long-term redevelopment potential and community demand drivers.

Ideal for developers, housing initiatives, institutional users, or investors seeking scalable urban redevelopment opportunities. Properties are being sold in current condition.

Approx. 3 acres total across three parcels

Located within designated Opportunity Zone

Portfolio pricing incentive available at $575,000

C-2 and R-7 zoning supports mixed redevelopment potential

Includes church structure, community center, and residential dwelling

Close proximity to Downtown Louisville and major healthcare and education anchors

Individual parcel purchase opportunities also available

For Sale

Land

Secondary Uses: Residential Development

Sale Price
$575,000
Price Per Acre
$191.7K/ac
Building Size
22,000 SF
Acres
3 ac
Zoning
C2,R7
Submarket
OZ - KY Jefferson
Nearest MSA
Louisville/Jefferson County
Property Status
Existing
In Opportunity Zone
Yes
Topography
Level
Nearest Interstate
I-65 - 1.5 mi
Nearest Hwy
Us-60 - 0.5 mi
Nearest Airport
Louisville Muhammad Ali International - 5 mi
Nearest Port
Port of Louisville (Ohio River Industrial Corridor) - 4 mi
County
Jefferson
Available
03/18/2026
Listed
03/18/2026
Updated
03/18/2026
Listing ID
7b421f3f
Parcel APN
037G00070000
Additional Parcel APNs