427 E Riverside Dr, Clarksville, IN 47129

Public Remarks

A rare piece of Ohio River frontage with direct, unobstructed exposure to the Louisville skyline. Zoned Southern Mixed Use, the site carries unusual latitude for what comes next: a signature custom residence, a townhome or multi-unit project oriented to the water, or a lodging concept built around the view itself. Position is what makes the parcel difficult to replicate. Minutes from downtown Louisville and the Ohio River bridges, the property anchors a corridor with year-round visitor draw; dining and entertainment at the north end of the Big Four Bridge, the Ohio River Greenway just outside the property line, and seasonal demand from Derby, Thunder Over Louisville, and bourbon tourism. Two tenant-occupied residences currently produce $1,200 per month in holding income at below-market rents, with room for improvement. Land with this frontage and this proximity to a major downtown rarely comes available. Buyers are encouraged to verify zoning, floodplain, and short-term rental permitting for their intended use.

Rare riverfront opportunity with panoramic Ohio River and Louisville skyline views — a setting that is nearly impossible to replicate on either side of the river. Located in Clarksville's Southern Mixed Use district, the site offers unusual flexibility for a custom riverfront residence, a townhome-style project, or a lodging-oriented concept built around the view itself. Two tenant-occupied residences currently generate $1,200 per month, providing holding income while plans take shape. Minutes from downtown Louisville and the Ohio River bridges, the property anchors a corridor that draws visitors year-round — Derby season, Thunder Over Louisville, the Bourbon Trail, Waterfront Park, and the Big Four Bridge — with dining, entertainment, and the Ohio River Greenway just outside. Whether the plan is a signature residence or an income-producing riverfront asset, skyline frontage of this kind rarely reaches the market.