1811 Standard Avenue

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1811 Standard Avenue

Louisville, KY 40210
Asking Price
$800K
Asset Type
Office
Class
Class B

What's Special

1811 Standard Avenue is situated in the California neighborhood of Louisville, Kentucky, an area characterized by a mix of historic residential blocks and established industrial corridors. The property offers proximity to the downtown business district and is less than two miles from the University of Louisville campus. Access to the regional transportation network is provided via nearby interchanges with I-65 and I-264, facilitating commutes across the metropolitan area. Local amenities include various quick-service dining options and neighborhood retail centers along the nearby Dixie Highway and Broadway corridors. This office asset is suited for administrative operations, non-profit organizations, or professional service firms requiring standalone space with surface parking. The functional layout supports various configurations, including private offices, meeting rooms, and open workstations. Typical tenants for this location include social service providers, local legal practices, or satellite offices for businesses serving the central Louisville area. The building's scale and positioning make it an appropriate choice for small to mid-sized enterprises seeking a central location with direct street access.

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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438

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