7773 Dixie Hwy - $1 Auction - Former Zips Car Wash | 38K VPD 3,222 SF Specialty Building Offered at $205,964 CAD in Louisville, KY 40258

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 7773 Dixie Highway in Louisville, KY 40258 (the “Property”). Formerly occupied by Zips Car Wash, the Property is being offered significantly below replacement cost, presenting an excellent opportunity for owner-users or investors to acquire a highly visible, strategically positioned asset at a compelling basis. FIRST BID MEETS RESERVE!
Built in 2008, the Property comprises a one-story, ±3,222 SF free-standing building situated on a ±0.8598-acre parcel (±37,454 SF), with 27 surface parking spaces. The site features ±203 feet of frontage along Dixie Highway (US-31W), one of Louisville’s primary commercial corridors, with ±38,468 vehicles per day (VPD). The Property includes a highly visible pylon sign and was previously leased to Zips Car Wash on a triple-net (NNN) basis. The Property presents owner-users or investors with the opportunity to unlock significant value-add potential through lease-up at long-term market rents (CoStar estimated retail rents of $16-20/SF NNN). Zoned C-2, Commercial District within the SMC, Suburban Marketplace Corridor Form District, the Property is well positioned for retail, service, automotive, or adaptive reuse opportunities given its flexible zoning and prominent highway frontage.
Strategically located in Louisville’s South Central submarket, the Property benefits from direct frontage along Dixie Hwy (US-31W), a major commercial corridor serving southwest Louisville and connecting surrounding residential communities to the broader Louisville MSA. The location provides convenient regional accessibility, situated approximately ±3.5-Mi from Interstate 264 (Henry Watterson Expressway), offering efficient connectivity throughout the metro area. The Property is also positioned within close proximity to several of the region’s most significant economic and transportation hubs, including Louisville Muhammad Ali International Airport and the UPS Worldport global logistics hub (±15-Min) and Downtown Louisville (±10-Mi). These major employment centers help support a strong daytime population and sustained demand for neighborhood-serving retail and service uses. Southwest Louisville is supported by a diverse regional economy anchored by major employers including UPS Worldport, Ford Motor Company, Norton Healthcare, Humana, and GE Appliances, along with a robust logistics and distribution sector that continues to expand throughout the Louisville metro area. The surrounding area features established residential neighborhoods and a mix of national and local retailers along the Dixie Highway corridor, positioning the Property to effectively serve both the local community and the broader employment base. The surrounding area includes ±71,685 residents within a 3-Mi radius and ±155,396 residents within 5-Mi, with an average HH income of ±$74,718, supporting sustained demand for daily needs retail and services.