Prospect Specialty for Sale - E Outlying Jefferson Cnty

PRIME INVESTMENT PROPERTY — Louisville, KY (Prospect, KY) | No STR Restrictions | $625,000 This Ohio River waterfront property with stairs down to the water, comes with a Conditional Use Permit (CUP) — required for short-term rentals in Louisville — that transfers directly with ownership. Unlike standard Louisville STR permits, this CUP allows for full-time short-term rental use with NO requirement for the owner to live in the home for six months out of the year. Operate immediately from day one with zero regulatory hurdles. INVESTMENT HIGHLIGHTS: • Prior owner verified STR income: ~$70,000/year operating (shown in photos) • Demonstrated nightly rate: $400+/night • Comparable neighbor same street: $400+/night, booked weekly • Current MTR income in place: $3,850/month - Transfer to new owner (May 4th, 2025 - July 5th, 2025/August 5th) Current upcoming STR (transfer to new owner): May 1-3, 2026 Derby weekend: $3005.84 (Payout- $2043.68) Sept 16-20, 2026 Louder than Life: $2425.49 (Payout - $1662.98) Sept 23-28, 2026 Bourbon and Beyond: $4033.07 (Payout - $2763.61) • No HOA — complete operational flexibility • Owner occupied a majority time of ownership therefore no full year income to report. Potential to make over $80,000 conservatively and over $100,000 with good advertising. THE CUP ADVANTAGE: Municipalities across the country are restricting and banning new STR permits. This CUP is already in place, fully transferable, and requires no owner-occupancy — an extraordinarily rare combination in today's regulatory environment. THE PROPERTY: 100 feet of Ohio River frontage with stairs to the water and dock-building rights. 2,880 sq ft across two fully finished levels. Expansive deck with 180-degree river views. Walkout game room with projector, bar setup, and fireplace. Multi-level patio, fire pit, and fixer upper pizza oven. 3 bedrooms / 2 full baths / 2 fireplaces / 2 driveways. Built 1934 — character that drives premium guest reviews and repeat bookings. PERFECT FOR: • Full-time STR / Airbnb / VRBO investment • Kentucky Derby parties and week-long rentals • Small weddings and private events • River hangouts and bourbon trail home base • Build a dock and bring a boat LOCATION: 13 minutes from downtown Louisville. 15 miles from Churchill Downs. Adjacent to Kentucky bourbon trail distilleries. Year-round demand from Chicago, Nashville, Cincinnati, Indianapolis, and Atlanta. Income documentation and CUP transfer confirmation available to qualified buyers upon request. Listed by Martha Redman • Semonin Realtors • (502) 264-1601 • MLS# 1709335

Property Subtype:

Residential Income

Date on Market:

2026-03-05

Madison Retail for Sale

Unlimited Potential + Turnkey + Boredom CURE + Great Staff Established, SUCCESSFUL, destination restaurant in a cool historic town located on Main Street a few blocks from the Ohio River. Madison Indiana IS Indiana’s Music City and MAD LOVE eat + drink is a music and art themed restaurant that has a great local following along with being a visitor’s destination. We are currently open 24 hours a WEEK (not a day) - UNLIMITED GROWTH POTENTIAL. We are selling BOTH the turn-key restaurant and the Property (which includes a coveted State 3-way liquor license). The real estate has a separate lot in the back that can be sold separately. We currently use the upstairs for storage but could easily be converted into owners living quarters (originally set up as an apartment). We have a great reputation (4.7 Google 406 reviews). Madison, Indiana is a hidden GEM, we LOVE this town and want the new owners to fall in love too. a little more info.... Well maintained Historic Building on Main Street; 3 way IN State Liquor license (VERY LIMITED!), 44 (or more) seats inside (includes 6 bar stools and granite bartop new in 25), 45 + seats outside covered plus artificial turf/beer garden area, Equipment well maintained & replaced as needed (stove/oven, 3 freezers, 3 refrigerator, 2 cold stations, prep tables, walk-in, hood system, fryer, chargill, panini press, beer kegs (10 taps), beer cooler, wine cooler, glassware, smallwares, cookware, three bay sink, sound system, tables/chairs, etc..) Competition: Prime location on Main Street - ONLY restaurant in town with covered outdoor dining Strong Brand/reputation + Current ratings (Google 4.7/406 reviews and Yelp 4.6/82 reviews) We are open 24 hours a week Wed 5-8, Thurs/Fri 11-2 + 5-8 and Saturday 11-8 (no door dash or online) Visit Madison, Main Street Madison and other Madison Non-profits helps promote local businesses: https://issuu.com/visitmadison601/docs/experience_madison_indiana_guide_2025_final https://issuu.com/visitmadison601/docs/2024_visit_madison_indiana_annual_report Growth & Expansion: Unlimited - we have only sold limited merchandise, but there is a demand. Expanded Hours/days - online/delivery services https://visitmadison.org/ https://www.madisonmainstreet.com/

Property Subtype:

Restaurant

Date on Market:

2025-11-10

Jeffersonville Retail for Sale - South Clark County

Property Subtype:

Bar

Date on Market:

2024-03-28

Louisville Retail for Sale - Old Louisville

FOR SALE – Iconic Tavern/Bar on High-Traffic Corner! 3700 Taylor Blvd, Louisville, KY 40215 A Rare Opportunity to Own a Piece of Louisville History This well-known corner tavern has been a local favorite for over 40 years! Built in 1930 and offering 2,068 sq ft of commercial space, this property is full of character, potential, and business opportunity. - High visibility with heavy traffic count - New roof installed July 11, 2025 - 10+ dedicated parking spaces - Outdoor seating area – perfect for warm-weather crowds - DJ station & space for gaming machines for additional revenue streams Zoned for commercial use and ideally located, this property is perfect for an owner-operator or investor looking to revitalize a beloved local establishment or reimagine the space for a new concept. Don't miss this chance to make your mark in one of Louisville’s high-traffic corridors!

Property Subtype:

Bar

Date on Market:

2025-07-15

Louisville Retail for Sale - Louisville CBD

This collection of connected, multipurpose buildings offers endless possibilities for hospitality, retail, event, or creative ventures, with the flexibility to scale your vision across multiple adjoining units. Historic tax credits and Downtown Redevelopment Board incentives. Bring all uses! McCrory Building 544 – 2-Story Multipurpose A versatile property with the ability to combine with Buildings 542 and 546 for expanded space. 1st Floor – Second-generation bar/restaurant with open floorplan. 2nd Floor – Expansive event space with stages, open layout, and abundant natural light. Access – Multiple stairwells and elevators for easy flow and functionality. Flexibility – Can be opened up through shared walls while retaining support columns. McCrory Building 546 – 1-Story Multipurpose Condo A flexible, ground-level unit that connects with Buildings 544 and 548. 1st Floor – White box, ready for customization. Amenities – Two communal bathrooms, mop wash station, and rear alleyway access. Layout – Front Entry: 12’ x 30’ Middle: 35’ x 28’ Back: 75’ x 21’ Mimi’s Wigs Building 548 – 1-Story Multipurpose Condo An adaptable single-story space with the ability to combine with 544 and 546. 1st Floor – Open floorplan ideal for retail, showroom, or creative use. Features – Dedicated restroom, rear open floorplan for flexible build-out. Connectivity – Can expand into neighboring spaces while maintaining structural support columns. Seller financing available: 10–15% of the purchase price, amortized over 20 years with a balloon payment due at 36 or 60 months, at a 7% interest rate.

Property Subtype:

Storefront

Date on Market:

2025-01-27

Louisville Retail for Sale - Westport Rd/Brownsboro Rd

eXp Commercial is pleased to present this prime two-building property at the high-traffic corner of Mellwood Avenue and Brownsboro Road. With a long track record as a successful restaurant destination the site benefits from steady traffic from Clifton and the rapidly growing Butchertown and NuLu districts. This property is a proven hospitality destination, highlighted by its award-winning patio—widely recognized by locals as one of the best outdoor dining venues in Louisville. With exceptional curb appeal, private and public parking, and on-site commissary kitchen space, the property is ideally suited for owner-users, restaurateurs, or investors seeking a value-add opportunity. Investment highlights: 0.441-acre lot with two buildings (built 1870 & 1965); total 7,304 SF Corner location in Clifton at the gateway of Butchertown and NuLu with quick access to I-71 and I-64 Excellent visibility with ~17,000 combined AADT (Mellwood Ave & Brownsboro Rd) and onsite parking Outdoor patio and seating area — a favorite feature among customers of the current operator. Established restaurant infrastructure including hood system and freezers Expansion potential with the unfinished 2nd-Story of the main building; convert to apartment(s) or additional seating/event area. Currently used as stock and office space. Accessory building includes two commercial units of approximately 1,400 SF each; the second floor is built out as general retail/office space, while the first floor is configured as a commissary kitchen suitable for restaurant or catering operations. Variety of commercial uses are permitted within the C-2 Zoning category, please see the Land Development Code for a comprehensive list or contact broker

Property Subtype:

Freestanding

Date on Market:

2026-01-08

Louisville Land for Sale - Plainview/Middletown

Great location ready for new restaurants and hospitality. With frontage along Meridian Hill Drive, and over 100,000 daily travelers passing, and over 100,000 cars on the Gene Snyder Freeway, this is a rare opportunity within the county line. This thriving area is the perfect place for you to move your business as it is suited for office, retail, residential and more. Neighboring tenants include Panera Bread, Target, Walmart, Ross, Texas Roadhouse, Academy Sports, Kroger, and so many more on this retail corridor. Property can be used for climate controlled storage.

Property Subtype:

Commercial

Date on Market:

2024-02-20

Louisville Retail for Sale - Southeast

Established, Operating Business - Open since 2020

Property Subtype:

Restaurant

Date on Market:

2026-03-31