South & Main, a new, 10,059-square-foot mixed-use development located at 957 Main Street in Louisville scheduled to be complete summer 2020, is officially available for lease. Molly Bayer, a senior associate with CBRE’s Retail practice in Boulder, is representing the property owner, Barbara Iglesias.
Hartronfit is the architect for the project and Symmetry Builders is the general contractor.
“South & Main is situated at the entrance to historic downtown Louisville, offering excellent signage and visibility to tourists and locals alike. It’s an ideal site for a restaurant or other unique retail offering. The property has also been approved for a hotel use, making the second floor a great opportunity for a potential inn,” stated Ms. Bayer.
The two-story project may be leased in its entirety or by separate users. The first floor is primed for restaurant or retail build out with outdoor seating available, while the second floor could be used as an office space or inn. Included in the property there will be a gourmet to-go market with some innovative concepts.
“We are excited to be offering something new to downtown Louisville while also keeping the area’s integrity. We want to help make it an exciting place to work, eat or shop,” commented Ms. Iglesias.
According to recent CBRE Research, restaurant sales have grown faster than all other brick-and-mortar retail categories combined over the post-recession decade, with an average annual increase of 5.6 percent.
“The restaurant and bar segment has grown rapidly with new food and beverage formats being introduced, such as food halls and farm-to-table restaurants. Concepts doing particularly well are those that offer a unique flair and feel part of the local fabric, like what South & Main has the potential to become,” added Ms. Bayer.
The property is located in downtown Louisville, a few blocks south of South Boulder Road and just northeast of the US-36 and McCaslin Boulevard interchange. Louisville has been named among the Best Places to Live by Money Magazine, 10 Best Towns for Families in the U.S. by Family Circle Magazine, Safest Places to Live by Elite Personal Finance and Best Cities to Live in Colorado by ChamberofCommerce.org.
