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611 S Fourth St - Wright Taylor Building FOR SALE 14,000 SF Sports & Entertainment Building Offered For Sale in Louisville, KY 40202
Executive Summary
A Rare Investment Opportunity
The historic Wright-Taylor Building, a landmark Tudor-Gothic masonry and terracotta structure built in 1928 and listed on the National Register of Historic Places (1984), presents a rare downtown investment opportunity. Thoughtfully renovated and reopened in 2014 as the Mercury Ballroom, the property is an established live-music and entertainment venue with a proven operating history and strong market position. The Mercury Ballroom configuration supports concerts, private events, and ticketed programming, with back-of-house amenities and secure storage in the basement. Outdoor patios on both primary levels expand programming flexibility and guest experience.
Investment Highlights:
-Price: $4,500,000
-Occupancy: Leased and operated by Live Nation under a long-term agreement, providing institutional operating stability and national brand recognition.
-Historic significance: Distinctive Tudor-Gothic architecture; NRHP-listed.
-Turnkey entertainment use: Fully renovated for live performance and events; proven revenue-generating layout and systems.
-Support spaces: Basement green room and storage; first- and second-floor patios (patio areas not included in building square footage).
-Location: Heart of downtown Louisville — strong foot traffic, nightlife, and cultural demand drivers.
This offering delivers a rare blend of architectural significance, stabilized cash flow, and cultural relevance. With a nationally recognized operator in place and a building purpose-built for entertainment, the Wright-Taylor Building is an attractive acquisition for investors seeking a fully stabilized, income-producing landmark in downtown Louisville.
Please contact the listing agent for financials, lease details, and to schedule a confidential tour. Financial documents available with confidentiality agreement.
Broker Notes
The information in this listing was obtained from sources deemed to be reliable. The broker does not warrant or represent any information provided.
The historic Wright-Taylor Building, a landmark Tudor-Gothic masonry and terracotta structure built in 1928 and listed on the National Register of Historic Places (1984), presents a rare downtown investment opportunity. Thoughtfully renovated and reopened in 2014 as the Mercury Ballroom, the property is an established live-music and entertainment venue with a proven operating history and strong market position. The Mercury Ballroom configuration supports concerts, private events, and ticketed programming, with back-of-house amenities and secure storage in the basement. Outdoor patios on both primary levels expand programming flexibility and guest experience.
Investment Highlights:
-Price: $4,500,000
-Occupancy: Leased and operated by Live Nation under a long-term agreement, providing institutional operating stability and national brand recognition.
-Historic significance: Distinctive Tudor-Gothic architecture; NRHP-listed.
-Turnkey entertainment use: Fully renovated for live performance and events; proven revenue-generating layout and systems.
-Support spaces: Basement green room and storage; first- and second-floor patios (patio areas not included in building square footage).
-Location: Heart of downtown Louisville — strong foot traffic, nightlife, and cultural demand drivers.
This offering delivers a rare blend of architectural significance, stabilized cash flow, and cultural relevance. With a nationally recognized operator in place and a building purpose-built for entertainment, the Wright-Taylor Building is an attractive acquisition for investors seeking a fully stabilized, income-producing landmark in downtown Louisville.
Please contact the listing agent for financials, lease details, and to schedule a confidential tour. Financial documents available with confidentiality agreement.
Broker Notes
The information in this listing was obtained from sources deemed to be reliable. The broker does not warrant or represent any information provided.
Property Facts
| Sale Type | Investment | Building Size | 14,000 SF |
| Property Type | Sports & Entertainment | No. Stories | 2 |
| Property Subtype | Theater/Concert Hall | Year Built/Renovated | 1900/2014 |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 0.24 AC | ||
| Zoning | C-3 | ||
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Property Subtype | Theater/Concert Hall |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 14,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2014 |
| Opportunity Zone |
Yes |
| Zoning | C-3 |
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Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 013K01950000 | Improvements Assessment | $1,703,927 CAD |
| Land Assessment | $724,093 CAD | Total Assessment | $2,428,020 CAD |
Property Taxes
Parcel Number
013K01950000
Land Assessment
$724,093 CAD
Improvements Assessment
$1,703,927 CAD
Total Assessment
$2,428,020 CAD
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611 S Fourth St - Wright Taylor Building FOR SALE
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