C-Zoned Commercial properties -Developer Ready Louisville KY

High-Demand Development Opportunity – Versatile Commercial Portfolio on Cane Run Road.
This exceptional commercial property portfolio presents a unique opportunity for investors and developers seeking a prime site in one of Louisville’s active commercial corridors. Zoned C2 with multifamily potential, the portfolio includes two adjoining properties that offer both immediate income and future development flexibility.
The first property is currently operating as an event venue, featuring a spacious interior ideal for hosting gatherings, parties, or corporate functions. This strong demand for event space creates solid revenue potential, while the building’s adaptable layout allows for easy conversion to other commercial uses. The second-floor apartment, currently vacant, provides an opportunity for additional rental income or owner’s quarters.
The second property is a large C2-zoned vacant lot, offering a blank canvas for new construction, build-to-suit development, or future leasing opportunities.
Both properties are sold together—the C2 event space and C2 vacant lot—and benefit from excellent visibility along the thriving Cane Run Road corridor, an area experiencing significant new construction and redevelopment activity.
There is also an option to purchase two additional rental homes next door (under separate contract), allowing investors to assemble up to four contiguous properties for a larger project.