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7502 Preston Hwy

Okolona, Louisville, KY
Total Size
5,170 sqft
C-1 AND R-5
Year Constructed
Year Renovated
Building Class

About 7502 Preston Hwy

Property consists of two adjoining tracts containing three commercial buildings and one metal covered pole barn. The combined tracts have 230.55 feet of frontage on Preston Highway along with a 20 foot wide access fronting Clay Avenue.

7502 Preston has .5916 acres with 111 feet of Preston frontage and includes the access to Clay Avenue. It has a 2,380 SF commercial building currently housing a restaurant known as Barry's Cheesesteaks. It is zoned C-1.

7508 Preston consists of 2.3532 acres with 118.55 feet of Preston frontage. There are two commercial buildings on the site. Bootleg Barbecue a local institution occupies a 1,965 SF freestanding building.

A small office building in the rear of the property containing 825 SF is currently leased to Steel Justice a police officer motorcycle club..

The 7508 site also includes an open grassy area that formerly was a working garden complete with a 938 SF metal pole barn. This section of the site is zoned R-5 and consists of 1.52 acres while thecommercial frontage consisting of .8244 acres is zoned C-1.

This site operates adequately as a commercial development but ultimately is ideal for redevelopment. There are adjacent parcels zoned both commercially and residentially that can be acquired.Rezoning of the residential portion should be attainable if desired. - Parking description: Paved parking for all buildings. - Area description: The property is located along a very busy commercial corridor in the Okolona neighborhood. - Number of buildings: 3 - Building condition: Average - Tenancy: Multiple Tenants

Internet Providers for 7502 Preston Hwy

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s DSL
25 Mb/s
3 Mb/s
AT&T Kentucky DSL
25 Mb/s
3 Mb/s
MegaPath Corporation DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Okolona

Most listings are in the $0's per square foot per year. The Okolona submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 100% decline in rent.

Median Rate Median Size

Median Rate over Time in Okolona