1607 Frankfort Ave, Louisville, KY 40206

Commercial property for lease

• Description
• Linden Hill is is a sprawling ~8,000 sq ft historic mansion, with 7 turn key hotel suites, each fully furnished with luxurious amenities and ready to host your guests.Linden Hill was built in 1796 during George Washington's presidency and is said to be the first home in Butchertown. The sellers have fully renovated all elements of the property including all major systems. There are 7 bedrooms and 7 1/2 bathrooms. Also included in the main house, is a full service high end kitchen and exceptionally large living and dining rooms. Location is key as this site is positioned in the heart of Butchertown, and within walking distance to any highlight that guests may want to visit (NULU, Waterfront Park, Soccer Stadium, Botanical Gardens, Frankfort Ave, Clifton, Slugger Field, Convention Center, etc..).Potential revenue from short term rentals alone is projected conservatively at $175,000 annually. A successful operator here should be able to generate over $250,000 annually.Value add opportunity; Options in parking, landscaping, fencing, basement, and more allow a new owner to improve the user experience at this facility and raise room rates immediately. Additional parcel of land included for parking or another building. Event rentals are also an option in tandem with short term rentals. (See architectural renderings courtesy of Charlie Williams Design for some ideas)Schedule a tour today as "seeing is believing" at this magnificent property, and this listing alone can not do it justice!*Owner is a licensed real estate agent in the state of Kentucky. Building price details: $1,650,000.
• Contact info
• Scott Howe

  Howe Real Estate
  Scott Gilmore

  Howe Real Estate
  Stewart Howe

  Howe Real Estate
• Note

• Details Info about this row that located on 1607 Frankfort Ave, Louisville, KY 40206 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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