1801 W Chestnut Street

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1801 W Chestnut Street

Louisville, KY 40203
Asking Price
$275K
Asset Type
Grocery Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Grocery store asset available for sale in Louisville
  • Property address is 1801 W Chestnut Street
  • Asking price for the commercial property is $275,000
  • Located in the 40203 zip code area
  • Direct inquiries to broker Russell Spencer for details

What's Special

This retail grocery store asset located at 1801 W Chestnut Street provides a strategic foothold within the Louisville, Kentucky market. The property serves as a functional commercial site for entrepreneurs or investors seeking to operate or lease a neighborhood food service location. Louisville maintains a diverse economic base, supported by industries ranging from logistics and manufacturing to healthcare, which provides a steady consumer foundation for retail businesses in the area. The site is situated near major transit corridors, allowing for efficient access for both customers and logistics providers. Given the current configuration, the building is suitable for traditional grocery operations, specialized boutique food markets, or a conversion into a service-oriented retail storefront. Owners benefit from the established infrastructure of the surrounding urban community while retaining the flexibility to adapt the internal layout to meet specific business requirements. This asset represents a practical investment in a primary Kentucky market.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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