2516 Northwestern Pkwy Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40212
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
Previous buyer did not perform. No inspection or appraisal was completed. Serious inquiries only please.
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:
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 unit 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