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$439,900
Est. payment /mo
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1728962
HOA Y/N No
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Residential Land
Source APEX MLS (Greater Louisville Association of REALTORS®)
Property Description
A rare piece of Ohio River frontage with direct, unobstructed exposure to the Louisville skyline. Zoned Southern Mixed Use, the site carries unusual latitude for what comes next: a signature custom residence, a townhome or multi-unit project oriented to the water, or a lodging concept built around the view itself. Position is what makes the parcel difficult to replicate. Minutes from downtown Louisville and the Ohio River bridges, the property anchors a corridor with year-round visitor draw; dining and entertainment at the north end of the Big Four Bridge, the Ohio River Greenway just outside the property line, and seasonal demand from Derby, Thunder Over Louisville, and bourbon tourism. Two tenant-occupied residences currently produce $1,200 per month in holding income at below-market rents, with room for improvement. Land with this frontage and this proximity to a major downtown rarely comes available. Buyers are encouraged to verify zoning, floodplain, and short-term rental permitting for their intended use.
Location
State IN
County Clark
Direction Take exit 0 for Court Ave toward 6th St. Turn left onto W Court Ave/W Court Alley. Turn left onto Missouri Ave, make a right onto W Market St. turn right onto Ohio River Scenic Byway/E Riverside Dr. Homes will be on right.
Exterior
View Y/N No
Building
Lot Description Waterfront, Flood Insurance Req, Sidewalk, See Remarks
Sewer Public Sewer
Water Public
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Listed by The Agency Louisville
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