719 Cedar Grove Ct, Louisville, KY 40212

Commercial property for lease

  • Description
  • Own a piece of Louisville history. If you don't know that this property exists, you'll be completely amazed.... and you'll think that you've stumbled upon the Hotel California that has miraculously appeared in Louisville's Portland neighborhood. Cedar Grove Academy was established in 1842 by the Sisters of Loretto, originally as Mt St Benedict Academy at the corner of 35th Street and Rudd Avenue in historic Portland. The school provided education to the "young ladies" of the Portland neighborhood as the population rapidly increased. In 1925 the academy changed its name again, to Loretto High School, and moved to East Broadway, leaving the site entirely. Shortly after the Loretto High School moved, the building was purchased and restyled with Spanish Revival accents and rooflines. The original massing of the building has been mostly retained. By 1927, the building had been converted to apartments and units were advertised as furnished and unfinished. Around the same time, the rest of the site was cleared of smaller of buildings and divided into a suburban development. The building is a contributing resource to the PORTLAND HISTORIC DISTRICT and was listed on the NATIONAL REGISTER OF HISTORIC PLACES on February 21, 1980. The property was also one of the historic sites of "Bloody Monday" in 1855 when rioters gathered outside the school with the belief that Catholic men had taken refuge inside. Legend has it that a priest suddenly appeared at the front door and convinced the angry mob that there were no men hidden in the building...local lore has it that the mysterious priest was actually an apparition of St Benedict (goosebumps!).The property now has 8 one bedroom units, 7 two bedroom units and 1 efficiency/office. One unit is currently vacant waiting for occupancy/passed Sect 8 inspection. Current Rent (including the unit waiting for occupancy) is $9211 per month. The office/efficiency is not leased. Rent roll and T9 are in documents and photos. Only 2 units will be shown until AFTER an accepted offer is achieved, then the balance of the others will be shown within 72 hours. Tenants rights prevail/AT LEAST 48 hours to show. No showings on weekends or holidays and nothing after 5pm. LISTING AGENT or member of management team must be present for all showings. Property is sold in AS IS/WHERE IS condition, with all faults and with no guarantees or warranties. Seller will make no repairs. At least 1% in good faith. Preapproval or Proof of Funds must accompany any offers. NOTE: Property MUST close on or before 12/15/2019 - this is not negotiable. Please do not disturb tenants. Please do not look in windows. This is a fully occupied building. The parking is on a first come first served basis. NOTE: This listing also includes 4 additional lots: 012F00270000, 012F00260000, 012F01970000 and 012F00350000. Building price details: $795,000.
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 6
    Parking Type: Surface
  • Contact info
  • Louise B Venettozzi
    Great Space Louisville LLC
  • Note
  • Details Info about this row that located on 719 Cedar Grove Ct, Louisville, KY 40212 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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  • Property Details
  • Building Name: Cedar Grove
    Property Type: Commercial (Other)
    Status: Available
    Lot Size: 0.330 Acres
    Number of Stories: 4
    Year Built: 1842
    Year Renovated: 2016
    Submarket: Mid-Rise
    MSA: Louisville/Jefferson County
    Zoning: TNZD - Traditional Neighborhood Zoning District
    Buildings: 1
    Construction: Brick
    Terms: Cash to Seller
    Added: 10/17/2019

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