344 E Lee St - Expressway Liquors
344 E Lee St, Louisville, KY 40208

Overview
Positioned in the heart of Louisville’s most active urban corridor, this well-established retail and lounge property benefits from constant energy generated by a dense surrounding population and nonstop daily traffic. Its close proximity to the University of Louisville places it within walking distance of thousands of students, faculty, and nearby multifamily housing, creating a reliable, year-round customer base. Downtown access and immediate connectivity to major routes further strengthen its visibility and convenience.
The business holds a rare on-premises consumption license, allowing for an in-house lounge experience that sets it apart from typical off-premises retailers and opens the door for tastings, events, and extended customer dwell time. A dedicated backhouse provides valuable storage and operational flexibility, supporting expanded inventory or future concept enhancements.
Surrounded by some of the city’s most recognized destinations—including Churchill Downs, Cardinal Stadium, and the historic streets of Old Louisville—this location thrives during events, game days, and peak tourism periods. Offered as a combined business and real estate acquisition, this is a rare opportunity to secure an income-producing asset in a supply-constrained, high-demand downtown market with long-term growth potential.
- Dense, Built-In Customer Base – Steps from the University of Louisville, surrounded by students, residents, and steady daily foot traffic that supports consistent year-round demand.
- Rare On-Premise Consumption License – Allows for in-house experiences, tastings, or lounge-style concepts, creating multiple revenue streams beyond traditional retail.
- Business + Real Estate Acquisition – Secure both the operating business and the underlying real estate, offering immediate income with long-term appreciation in a supply-constrained urban market.
- Event-Driven Upside – Located minutes from Churchill Downs, Cardinal Stadium, and Old Louisville, benefiting from surges during races, games, and city events.
- Operational Flexibility – Rear storage building supports expanded inventory, efficient operations, or future concept enhancements under active ownership.
Attachments
For Sale
- Sale Price
- $1,450,000
- Price Per SF
- $371.79/SF
- Building Size
- 3,900 SF
- Acres
- 0.6 ac
- Zoning
- EZ1
- Zoning Desc.
- Enterprise Zone
- Building Name
- Expressway Liquors
- Year Built
- 1973
- Property Use Type
- Business
- County
- Jefferson
- Available
- 12/22/2025
- Listed
- 12/22/2025
- Updated
- 12/22/2025
- Listing ID
- 9f126eb1
- Parcel APN
- 035A00990000



