Active
2407 S Shelby St
2406 S Shelby St, Louisville, KY 40217
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Overview
FOR SALE: Prime Income-Generating Commercial Asset
2047 South Shelby Street, Louisville, KY 40217
Strategically located in the sought-after Schnitzelburg neighborhood, this property offers a turnkey investment opportunity with a stable, long-term tenant. Currently operating as a professional dog grooming facility, the building sits on a high-visibility corner near the intersection of South Shelby and Goss Avenue.
Investment Highlights
- Established Tenant: 100% occupied by a specialized pet grooming business
- New Long-Term Lease: Tenant has recently signed a two-year lease extension, providing rental income through December 31, 2027. This is a modified lease. Year 1- $1,600 Year 2-$1,625
- Location: Situated in the heart of Schnitzelburg/Germantown, one of Louisville’s most active commercial and residential submarkets.
- Property Specifications: Approximately 1,100 sq. ft. of interior space on a 3,049 sq. ft. lot. The building features original architectural character, updated interior and specialized plumbing infrastructure suited for the current use.
- Zoning: Located within the Urban Center Neighborhood Form District, allowing for high-intensity mixed-use flexibility in a pedestrian-friendly corridor.
Important Showing Information
- TENANT-OCCUPIED: This is an active place of business.
- DO NOT DISTURB TENANTS
For financial details, lease terms, or to schedule a private tour, please feel free to reach out.
For Sale
Investment
- Sale Price
- $200,000
- Price Per SF
- $196.3/SF
- Cap Rate
- 7.5%
- Building Size
- 1,019 SF
- Acres
- 0.081 ac
- Zoning
- C-1 Neighborhood Commercial Zone
- Net Operating Income
- $15,000
- County
- Jefferson
- Available
- 01/21/2026
- Listed
- 01/22/2026
- Updated
- 01/25/2026
- Listing ID
- a67340cd