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Investment Highlights
- ICONIC OHIO RIVER WATERFRONT LOCATION
- DESTINATION-ORIENTED LOCATION
- ESTABLISHED RESTAURANT PROPERTY
- MULTIPLE POTENTIAL USERS
Executive Summary
A fixture of the Louisville community for generations, Cushman & Wakefield | Commercial Kentucky proudly presents the opportunity to acquire the KingFish restaurant business and real estate at 3021 River Road in Louisville, Kentucky. Offered by long-time ownership, the property presents an attractive acquisition for an owner-operator, investor, or developer seeking a well-established commercial property in a desirable East End location.
Strategically positioned along River Road and less than 0.5 mile from Interstate 71 via Zorn Avenue, the property provides convenient access to Downtown Louisville, the East End and the broader Louisville metropolitan area. Its location along the Ohio River corridor, combined with proximity to established residential neighborhoods, retail, dining and employment centers, provides strong visibility and accessibility.
The KingFish has been a long-standing and recognizable Louisville restaurant destination, offering an incoming operator the opportunity to build upon an established local presence. The offering also provides flexibility for a buyer focused on the underlying land and future redevelopment potential.
The combination of an established restaurant business, well-positioned real estate and potential redevelopment flexibility makes 3021 River Road a compelling investment opportunity. Whether acquired for continued restaurant operations, repositioning, or future redevelopment, the property provides a buyer with multiple avenues to maximize the value of this strategically located Louisville asset.
Strategically positioned along River Road and less than 0.5 mile from Interstate 71 via Zorn Avenue, the property provides convenient access to Downtown Louisville, the East End and the broader Louisville metropolitan area. Its location along the Ohio River corridor, combined with proximity to established residential neighborhoods, retail, dining and employment centers, provides strong visibility and accessibility.
The KingFish has been a long-standing and recognizable Louisville restaurant destination, offering an incoming operator the opportunity to build upon an established local presence. The offering also provides flexibility for a buyer focused on the underlying land and future redevelopment potential.
The combination of an established restaurant business, well-positioned real estate and potential redevelopment flexibility makes 3021 River Road a compelling investment opportunity. Whether acquired for continued restaurant operations, repositioning, or future redevelopment, the property provides a buyer with multiple avenues to maximize the value of this strategically located Louisville asset.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
17,537 SF
Building Class
B
Year Built
1975
Price
$11,046,960 CAD
Price Per SF
$629.92 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
5.27 AC
Zoning
C2-COMMERC
Parking
75 Spaces (4.28 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Pylon Sign
- Waterfront
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 001001420000 | Improvements Assessment | $1,822,445 CAD |
| Land Assessment | $1,145,818 CAD | Total Assessment | $2,968,263 CAD |
Property Taxes
Parcel Number
001001420000
Land Assessment
$1,145,818 CAD
Improvements Assessment
$1,822,445 CAD
Total Assessment
$2,968,263 CAD
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3021 River Rd
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