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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