Active Under Contract

2565 Bank St, Louisville, KY, 40212

$40,000

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Time on site: 15 Days

About 2565 Bank St

This Queen Anne-style building was built on a prominent intersection around 1900 and spent much of its life as the Schweitzer Pharmacy. Please note, the interior is a shell and will require a complete build-out. This two-and-one-half-story commercial structure dominates the corner of 26th Street and Bank Street. The building's primary commercial facade faces Bank Street and has an entrance on the corner as well as toward the right side when viewed from Bank St. The corner side was built for retail, and the second door leads to more first-level space as well as upstairs living space. With many historic architectural details intact you'll notice a turret, multi-light gabled roof dormers, fish scale shingles, and a porch with an arched surround. This building is a great example of a late-nineteenth to early-twentieth century corner commercial store, designed with a store on the first floor and living quarters on the second and third floors. Many original architectural features are still present, including weatherboarding, door and window trim, and other details. The building is individually listed on the National Register of Historic Places. This means that the new owner can earn federal and state historic rehabilitation tax credits as they bring this building back to life. The credits amount to 20-30% for state credits and an additional 20% for federal. It is expected that the new owner will pursue these tax credits, and the non-profit "Vital Sites" can help navigate the tax credit application process for the new owner. Please use ShowingTime to schedule appointments. Please use caution when entering the building. Note that utilities are not on - bring a flashlight.

Facts & Features

MLS® # 1642492
Price $40,000
Bathrooms 0.00
Acres 0.00
Year Built 1892
Type MultiFamily
Sub-Type Duplex
Status Active Under Contract

Community Information

Address 2565 Bank St
Area 01-Dtwn Old Louisville/Shively/West Lou
Subdivision PORTLAND
City Louisville
County Jefferson
State KY
Zip Code 40212
Directions I-64 to 22nd street exit. Right on Portland Avenue. Left on 26th street. Left on Bank Street

Amenities

Utilities None
Is Waterfront No

Interior

Cooling None
Fireplace No

Exterior

Exterior Features See Remarks
Lot Description Corner, Sidewalk
Roof Metal
Construction Wood Frame

Listing Details

OfficeKentucky Select Properties

Detailed Map of 2565 Bank St, Louisville, KY

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