2,131 SqFt
2,131 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,131 sqft
Price per Sqft $63
MLS Listing ID 1652753
Style Shotgun
HOA Y/N No
Abv Grd Liv Area 2,131
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1880
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Opportunity Zone and Historic Tax Credit potential!
Welcome to the Historic Portland Tavern Building - A property with a rich history in the heart of Louisville, KY. This historic building, originally the Portland Grocery/Tavern, offers a unique opportunity for investors, entrepreneurs, or those with a passion for preserving history.
Property Details:
Address: 2516 Northwestern Parkway, Louisville, KY 40212
Zoning: C-R (Commercial-Residential)
Property Type: Duplex
Historic Tax Credits: Yes
Opportunity Zone: Yes
Potential Uses: Short Term Rentals, Long Term Rentals, Pub or Tavern Concept
Please review the drawings and floor plan schematics designed to bring the space back to life as a tavern with upstairs STR units! Historical Charm:
The soul of this property lies in its history. The limestone threshold at the front of the property, worn with a unique pattern from years of foot traffic entering and exiting the Tavern, tells a story of Louisville's past. Owning this property means becoming a steward of the city's heritage.
Current Condition:
While the property's current condition is in need of some TLC, it remains livable. This presents an excellent opportunity for both investors and owner-occupants who are willing to live on-site while undertaking the necessary renovations. The potential for restoration and revitalization is boundless.
Investment Potential:
Whether you envision transforming this space into a vibrant short-term rental, a cozy long-term rental, or reviving it as a pub or tavern, the versatile C-R zoning opens the door to numerous possibilities. With a touch of creativity and a commitment to preserving history, this property can once again become a thriving establishment in Louisville's vibrant community.
Don't miss out on this chance to own a piece of Louisville's history and contribute to its future.
Location
State KY
County Jefferson
Direction I-64 west to the 22nd street exit. First right onto Northwestern Parkway, property will be on the left.
Interior
Heating Electric, Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Pitched
Garage No
Building
Architectural Style Shotgun
Structure Type Brick
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