Located in the Heart of the City of Louisville, KY

222 S. First Street Louisville, KY

222 S. First Street, Louisville, KY
222 S. First Street, Louisville, KY 222 S. First Street, Louisville, KY 222 S. First Street, Louisville, KY 222 S. First Street, Louisville, KY 222 S. First Street, Louisville, KY 222 S. First Street, Louisville, KY
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$6,500,000
Cap Rate:
0.00%
Last Verified:
Aug 20, 2024

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Welcome to 222 S. First Street! Take a look! This beautifully renovated office building located in the heart of downtown Louisville is available for sale. Located near the KFC Yum center, Kentucky International Convention Center, Omni Hotel, Whiskey Row and so much more. There is easy access to a city-owned parking garage located behind the building. The canvas for potential hospitality and multiple other redevelopment ventures is expanded with the property adjacent to 222 S. First Street now available - 113 West Jefferson Street, at the corner of 1st Street and Jefferson, offered by PRG Commercial Property Advisors. https://www.kcrea.com/listing/30861558 . 65,000 s.f.+/- . Beautifully renovated . Several spaces available from 1,200 to 4,100 s.f. . C-3 Allows for a variety of business uses . Soaring atrium with Euro-Chic design . A fine roster of active tenants . City-owned parking garage directly behind the building . Near to goods, services, restaurants, fine arts, entertainment, healthcare and more. So well situated near the heart of the Central Business District and the attractions listed above, this property could be a great reposition to hospitality or multifamily. As a multi-tenant office asset, once you are welcomed by the Euro-chic atrium/lobby, you will find each available space is a unique canvas, ready to welcome businesses seeking collaborative, or more private, formal business environments. See additional links to resources supporting economic development, business development resources, information about goods services and amenities that are available in and about the Central Business District in downtown Louisville. Call us today for details, questions and/or to schedule a tour! All information provided, including attachments are for general review purposes only, subject to errors, omissions, updates and revisions without notice, all subject to review and verification by any potential purchaser or tenant.

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.