A complex of four historic warehouses currently used for storage in Old Louisville suffered a fire on March 22, but are not in danger of demolition. In fact, they are for sale and could make a really interesting mixed-use project. Although an official reason for the fire hasn’t been determined, it’s believed that it started with a gas water heater.
It turns out the fire didn’t do too much damage. These buildings are built of solid concrete and the roof structure of steel, so the only major damage was to part of the roof. Owner Tim Freibert said the roof already needed to be replaced, so the loss was minimal. A temporary tarp has been placed on the roof to keep the building dry.
Freibert has not listed an asking price for the group of four buildings and a vacant lot. Two warehouses front Garvin Place, just around the corner from Oak Street. Two smaller structures are off the alley in the back of the property. All four comprise a total of about 40,000 square feet. A sizable gravel lot sits directly north of the buildings.
The largest structure is two stories with a basement and a sub-basement. The adjacent one-story warehouse also has a basement. The oldest structure is in the back and dates to the late 1800s when it was used as a horse stable for a dairy operation. It still has a hay loft.
While there’s no official price tag, the PVA values the property for tax purposes at $126,000 for the four warehouses at 1134 Garvin on .58 acres and the .32 acre empty lot at 1130 Garvin at $15,210.
There’s a great opportunity in these structures to be transformed into something really interesting, especially since the are situated in the heart of Old Louisville’s traditional commercial corridor on Oak Street. Anyone interested in the properties can call Tim Freibert at 502. 552.8679.