1122 S Shelby St

Located in the heart of the rapidly evolving Shelby Park and Germantown corridor, 1122 S Shelby Street offers the opportunity to own a well-positioned commercial building in one of Louisville’s fastest growing urban neighborhoods. The property features a two-story, 1,764 square foot building originally constructed in 1946 and well-suited for boutique office, creative studio, or neighborhood retail use.

The current tenant, Evolved Counseling, has successfully operated at the property for over three years and provides stable in-place income. Their current lease runs through Summer 2026, offering investors near-term cash flow with future flexibility.

The property is zoned C-1, allowing for a variety of commercial uses and creating potential opportunities for short-term rental or Airbnb-style accommodations, subject to local regulations.

The property is also located within a designated Opportunity Zone, creating potential tax advantages for investors seeking to defer or reduce capital gains through qualified Opportunity Zone investments.

Shelby Park has experienced significant growth over the past several years with continued investment, new residential development, and a wave of local businesses opening nearby. The property sits just minutes from Logan Street Market, Paristown Pointe, Germantown’s restaurant district, and Downtown Louisville, making it well-positioned within one of the city’s most active redevelopment corridors.

With strong neighborhood momentum, flexible zoning, and an established tenant in place, 1122 S Shelby Street offers both immediate income and long term upside in a highly desirable urban submarket.

• Located in the rapidly growing Shelby Park / Germantown corridor, one of Louisville’s most active redevelopment areas
• 1,764 SF two-story commercial building constructed in 1946
• Flexible layout suitable for office, creative studio, boutique retail, or professional services
• C-1 zoning allows for a wide variety of commercial uses and potential short-term rental / Airbnb opportunities, subject to local regulations
• Existing tenant: Evolved Counseling has operated at the property for over 3 years
• Lease in place through Summer 2026, providing stable near-term income with future flexibility for an owner-occupant or repositioning
• Situated near major neighborhood anchors, including Logan Street Market, Paristown Pointe, Germantown restaurants, and Downtown Louisville
• Within a designated Opportunity Zone, creating potential tax advantages for investors seeking to defer or reduce capital gains through qualified Opportunity Zone investments.
• Located in a walkable urban neighborhood experiencing strong residential investment and new business growth
• Opportunity for both immediate cash flow and long-term appreciation in a high demand urban submarket