1521,1523,1525, 1527 W Market St

INVESTOR PACKAGE – DOWNTOWN LOUISVILLE

OWNER FINANCING AVAILABLE.

HISTORIC DEVELOPMENT OPPORTUNITY

Addresses:

1521 – 1523 – 1525 – 1527 West Market St

Louisville, KY 40203

Building Size: Approx. 9,500 SF

Status: Vacant – Full Redevelopment Required

Sale Type: – As-Is

EXECUTIVE SUMMARY

Asset Type: Historic Commercial Building

Location: Downtown Louisville, KY

Addresses: 1521 – 1523 – 1525 – 1527 West Market St

Status: Vacant – Full Redevelopment Required

Asking Price: $429,000

Sale Type: As-Is

Rare opportunity to acquire a historic downtown asset with multiple addresses, offering strong redevelopment and value-add potential for experienced developers.

PROPERTY OVERVIEW

• Historic structure with architectural character

• Four (4) separate street addresses

• Located in the downtown core

• Vacant – no tenant relocation issues

Potential Uses:

• Mixed-Use (Retail + Residential)

• Multifamily conversion

• Boutique office or creative space

• Adaptive reuse project

LOCATION HIGHLIGHTS

• Prime downtown Louisville location

• High-visibility corridor

• Walkable urban environment

• Close to offices, retail, and services

• Strong demand for mixed-use and adaptive reuse projects

• Historic district appeal

VALUE-ADD OPPORTUNITY

This property offers strong upside through:

• Full historic renovation

• Modern interior redesign

• Higher post-renovation rents or resale value

Why Developers Like This Deal:

• No existing leases

• Full design control

• Multiple exit strategies

FINANCIAL SNAPSHOT (HIGH-LEVEL ESTIMATES)

Estimated ARV: $1.7M – $2.0M

Target Buyer: Cash investors / developers

Strategy: Buy → Rehab → Sell or Refinance

Returns depend on execution and historic incentives.

RISK & CONSIDERATIONS

• Historic renovation approvals required

• Full rehab scope

• Buyer to conduct all due diligence

• Property sold As-Is

EXIT STRATEGIES

• Sell after renovation (ARV play)

• Hold and refinance

• Subdivide and sell units (if applicable)

• Long-term downtown asset hold

HISTORIC TAX CREDIT POTENTIAL

This historic downtown property may qualify for Federal and Kentucky Historic Tax Credits, potentially offsetting a significant portion of qualified rehabilitation costs.

CONTACT INFORMATION