1905 Bardstown Rd, Unit 2
Property Description
A rare opportunity to acquire a premier mixed-use property in the heart of Louisville's highly coveted Highlands neighborhood. 1905 Bardstown Road offers the ultimate "Live, Work, and Earn" scenario, making it the perfect acquisition for a beauty/wellness entrepreneur or a savvy investor seeking a value-add asset in a high-barrier-to-entry market. Featuring a turnkey, second-generation salon and med-spa on the ground floor, plus three residential apartments above, this property provides immediate in-place income with significant upside potential. The "Live-Work-Earn" Advantage With the commercial space and two of the three apartments currently vacant, this building is uniquely positioned for an owner-user. A business owner can immediately launch their salon or med-spa on the main level, live rent-free in one of the vacant upstairs apartments, and use the rental income from the two additional units (one already tenant-occupied) to aggressively offset their commercial mortgage. Highly favorable SBA financing may be available for qualified owner-users! Situated on the dynamic Bardstown Road corridor, the property is surrounded by Louisville's best local dining, boutique shopping, coffee shops, and nightlife. This exceptional foot-traffic location provides a built-in customer base for the ground-floor business and makes the residential units incredibly easy to lease.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,300,000 |
| No. of Units: | 1 |
| Year Built: | 1920 |
| Lot Size: | 5,102.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $1,300,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 1 |
ID: 3yd-GLARKY-1728619
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