1541 West Oak Street Commercial Portfolio Offering | 3 Parcels
1541 W Oak St, | 1601 W Oak Street, Louisville, KY 40210

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
Attachments
For Sale
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










