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34609498
34609499

1900 Mellwood Ave, Louisville, KY 40206 For Sale

LI
KY 202342
eXp Commercial LLC
eXp Commercial LLC
Listed by eXp Commercial LLC
$1,200,000
2 days on market
Updated 1 day ago

1900 & 1903 Mellwood Ave

Details
Property Type Retail
Sub Type Storefront
Square Footage 11,772
NOI $8,988
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 1
Price per SqFt $9
Class B
Year Built 1992
Zoning C-2
Parking Spaces 88 spaces
Parking per 1,000 SqFt 7.48
Investment Type Net Lease
Ground Lease No
Sale Condition N/A

Retail | 0.00% CAP | 11,772 SqFt

Marketing description

This 11,772 SF retail property at 1900 Mellwood Ave offers a prime location with exceptional access and visibility in Louisville, Kentucky. The versatile space features a flexible open layout suitable for many uses and includes an additional parking lot with 88+ total spaces. With a strong tenant in place (Mom's Music) and zoned C-2, this property presents endless possibilities for investors.

Investment highlights

Established Anchor Tenant & Immediate Cash Flow

Currently occupied by Mom's Music, a well-known local brand and long-time community fixture, providing built-in tenant stability and immediate rental income.

Rare On-Site Parking Capacity

Includes an adjacent surface lot offering 88+ parking spaces, a major competitive advantage for retail/commercial assets in the Clifton/Butchertown urban corridor.

Prime Location & High Visibility

Situated directly along Mellwood Avenue next to the Mellwood Art Center, benefitting from steady vehicular traffic, strong neighborhood activity, and high visual exposure.

Flexible Commercial Zoning (C-2)

Zoned C-2 Commercial, allowing for versatile future uses including general retail, office, showroom, event/entertainment space, or multi-tenant re-leasing flexibility.

Seamless Highway & Downtown Access

Minutes away from Downtown Louisville with immediate connection to major interstates (I-64, I-71, and I-65), making it easily accessible for customers and commuting employees across the metro area.

Up-and-Coming Urban Corridor

Positioned near the thriving Butchertown, NuLu, and Clifton submarkets, benefiting from continuous nearby residential growth, commercial redevelopment, and rising demand for commercial space.

Listing Contacts

LI
KY 202342
eXp Commercial LLC
eXp Commercial LLC
Listed by eXp Commercial LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$8,988.00
$749.00/mo

Valuation Metrics

0
DSCR
0.75%
Cap Rate
0.75%
ROI

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