Downtown Jeffersonville 123 Court Ave

Retail-Commercial for Lease
Catylist Listing ID: 30241765
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 1,880 - 3,760 SF
Building Size (RSF): 3,760 SF
Gross Building Area: See Agent
Lease Rate: $12 - 18 PSF (Annual)
Lease Types: NNN
Last Updated: 12/10/2018

Overview / Comments

Located in Downtown Jeffersonville. Property is in the TIF (Tax Increment Financing) District, the Overlay District, the Historic District and the Riverfront Redevelopment District which allows for a restaurant to secure a 3 way alcohol permit (beer,wine, and spirits) for $1000 once state approves permit. All districts offer some form of incentive. Grants, when available, may be applied for as well. Jeffersonville continues to grow and attract more development. This site is a block away from much of the activity and feet away from Spring Street which is the main drag through the middle of downtown. When you come across the bridges this is the first exit (Court Ave). The building is under renovation as there is a new roof, new garage door style frontage to bring the outside in, new drywall, new electrical and fixtures, the entire interior layout can be reworked for a build to suit interest with a lease rate from $12.00-$18.00 depending on your selected finish or if delivered as a shell space. You could rent half or all of the space. Also could be a build to suit with an option to purchase upon agreed terms and conditions. Jeffersonville continues to grow their arts and entertainment scene along with more restaurants and pubs. Lots of new businesses with more to come.

Expand All 2 Spaces Available

Suite: A 1,880 SF $12 - 18 PSF (Annual) NNN
Suite: B 1,880 SF $12 - 18 PSF (Annual) NNN

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 101900100583000010
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Pearl and Spring Streets
Property Visibility: Excellent
Largest Nearby Street: Spring Street
Highway Access: Direct to I-65 which ties into I71 and I-64 so its all at your side door.
Airports: Louisville International Airport and Clark County Airport
Site Description: Downtown Jeffersonville offers street retail with wide sidewalk and public street parking out front. Court Ave comes directly off I-65 at the bridge. Currently split space with multiple entries and exits but could easily be a single space.
Area Description: Downtown is growing, there is reinvestment, expansion of existing businesses, renovation of others and more new residential units are on the way. The new TownPlace Suites (a Marriott brand) hotel is opening soon just a block away. Restaurants offer, burgers and pizza, Italian, Mediterranean, Mexican, Americana, craft brews, ice cream, coffee game house, local pub grub and more.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,760 SF
Property Condition: Excellent
Year Renovated: 2018
Construction/Siding: Brick
Exterior Description: Currently stucco look and appears itailian like with arched front and tiles. See facade approval
Parking Type: Surface
Parking Description: public street
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Build to suit tenant finish
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,841 111,398 289,608
Median Age: 39.93 36.52 37.48
Households: 3,117 50,296 126,092
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.