Restaurant / Bar / Event Venue at the Gateway to NuLu

Description:

Now available for immediate occupancy, 1030 & 1032 Story Avenue is a rare, hospitality-ready commercial opportunity located at the front door of NuLu, one of Louisville’s most active and supply-constrained retail and entertainment districts. The property consists of two contiguous M-2 zoned parcels totaling 0.167 acres, with 1032 Story Ave serving as the primary address. The building contains approximately 8,470 square feet across two stories, including 7,425 SF on the first floor and 1,045 SF on the second floor, and is currently vacant and available immediately.

Originally constructed in 1900, the property blends historic character with functional, modern improvements designed for food, beverage, and experiential uses. Existing infrastructure includes a commercial kitchen, multiple bar buildouts, and recently renovated restrooms, allowing an incoming tenant to significantly reduce upfront capital and accelerate opening timelines. The second-floor space provides additional flexibility and can be utilized for private events, office use, or supplemental entertaining space, further enhancing the property’s operating potential.

Positioned along Story Avenue with approximately 9,715 vehicles per day, the site benefits from strong urban visibility and proximity to NuLu, Butchertown, Downtown Louisville, and multiple major event venues. Parking is primarily on-street, with the ability to negotiate dedicated off-street parking in a nearby shared lot. The property allows for a wide range of commercial and entertainment-oriented uses, making it well-suited for an established restaurant or bar operator, event venue, or creative hospitality concept seeking a flagship location near the urban core.

Lease Terms:
* NNN; Tenant is responsible for operating expenses, estimates below:
* Taxes: $7,460.59 Annually ($621.72/Mo. or $0.88/SF/Yr)
* Insurance: $11,000 Annually ($916.67/Mo. or $1.30/SF/Yr)
* Utilities: Tenant Dependent
* Repairs & Maintenance: Tenant Dependent
* Term: 5 Yr+
* 3% Annual Escalations
* Build-Out/Tenant Improvements are negotiable depending on term and tenant credit
Additional Parking/Outdoor Storage:
* There is an estimated 0.31 Acre parking lot that can be divided and secured for additional parking on a first come, first serve basis. Property taxes and additional rent will be applied in accordance with the prorated share of the lot being used.
* Property taxes for the lot alone is about $2,735.81 annually.

Nearby Retail & Lifestyle Points of Interest:
(Minutes shown are approximate drive times from the property)
* NuLu Core (E Market & E Main St) – 2 minutes; home to Louisville’s highest concentration of chef-driven restaurants, cocktail bars, galleries, and boutique retail.
* Frankfort Avenue – 4 minutes; dense neighborhood retail corridor featuring local restaurants, coffee shops, and specialty retail.
* Clifton – 5 minutes; established dining and bar scene with consistent local patronage and strong repeat traffic.
* Downtown Louisville – 6 minutes; central business district with office, hotel, event, and tourism-driven demand.
* Louisville Slugger Field – 6 minutes; seasonal and event-driven traffic generator supporting food and beverage concepts.
* Lynn Family Stadium – 6 minutes; home of Louisville City FC and Racing Louisville FC; consistent event-driven traffic supporting food, beverage, and pre/post-game demand.
* Waterfront Park – 7 minutes; major regional draw for festivals, concerts, and recreational traffic.
* KFC Yum! Center – 7 minutes; downtown arena hosting concerts, NCAA basketball, and major regional events with strong spillover demand for bars and restaurants.
* Bardstown Road – 10 minutes; one of Louisville’s most established retail and nightlife corridors.

Please contact our team today for more information or to schedule a tour @ 502-306-3635!

* Turnkey commercial kitchen and equipment in place
* Existing bar infrastructure reduces startup time and capital
* Recently renovated restrooms
* Flexible second-floor space suitable for office, private dining, event space, or creative use
* Prominent location at the threshold of NuLu with strong neighborhood momentum
* M-2 zoning allows for a wide range of commercial and experiential uses
* Potential to secure dedicated parking, a rarity for urban NuLu-adjacent properties

Located at the front door of NuLu

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