WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Online Auction – Historic Old Louisville Office Building
Non-Profit Ordered Liquidation
Building Size: 14,233 SF gross building area, plus an additional 3,488 SF of finished, usable basement space (not included in GBA) — total functional space of roughly 17,700 SF
Site: 0.596-acre (25,979 SF) corner lot with 137' of frontage on S. 4th Street and 190' on Park Avenue
Year Built: 1940, with renovations including a new roof and HVAC system in 2019
Layout: Two above-grade floors plus finished basement, featuring reception/lobby areas, a conference room, private offices, break rooms, and six restrooms (28 fixtures total)
Construction: Brick exterior, wood-frame construction, flat membrane roof
Parking: 37 on-site surface parking spaces (2.60 spaces per 1,000 SF), plus available street parking
Condition: Average to good; well-maintained with no deferred maintenance noted
Zoning: TNZD (Traditional Neighborhood Zoning District), permitting a range of institutional, single-family, and multifamily residential uses
Location: Directly adjacent to the University of Louisville's Belknap Campus and Spalding University, in the SoBro/Old Louisville submarket — walkable to the CBD and steeped in National Register-listed historic architecture
Online Bidding Ends Nov. 18th at 3:00PM ET
Inspection: November 11th at 12:00pm ET
Property Address: 1325 South 4th Street, Louisville, KY 40208
Tranzon Asset Advisors, Edward D. Durnil KY Auctioneer #259408/Broker #187998
10% Buyer's Premium and other terms apply.
Contact Jordan Conlee at 270-304-1282
