Listed by TRIO Commercial Property Group LLC
$2,050,000
1015 Bardstown Road
Details
Property Type Retail, Mixed Use
Square Footage 9,734
Occupancy 100%
Zoning C-2
Retail | 9,734 SqFt
Marketing description
For Sale
Investment highlights
- Fully Leased Mixed-Use Asset: 100% occupied with a ground-floor retail tenant and four spacious 2BR/2BA apartment units on the second floor.
- Compelling Value-Add Potential: All tenants are currently paying below-market rents, presenting strong upside through rent adjustments.
- Flexible Lease Structure: With all but two apartment tenants on month-to-month terms, investors have immediate opportunity to reposition and capture market rents.
- Airbnb / Short-Term Rental Upside: The four apartment units offer potential for conversion to short-term rentals, creating an additional layer of income growth.
- Indoor Parking & Conversion Potential: Six designated indoor parking spaces offer a desirable amenity, with the potential to convert into additional retail space for enhanced revenue
- Comprehensive Financials: Rent roll and pro forma available upon execution of a Confidentiality Agreement
- Prime Highlands Corridor Location: Located on Bardstown Road, Louisville’s premier high-traffic, pedestrian-friendly retail corridor, surrounded by dining, shopping, and dense residential neighborhoods.
- Versatile C-2 Zoning: Flexible zoning allows for continued retail, office, or service uses, enhancing long-term adaptability.
Listing Contacts
Listed by TRIO Commercial Property Group LLC
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