Catylist ID:
#30630711
Prime Investment
Retail-Commercial
for Sale
Also listed as Multi-Family, Special Purpose
| Catylist Listing ID: | 30630711 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Other |
| Building Size (RSF): | 6,622 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.18 Acres |
| Sale Price: | $1,299,000 |
| Unit Price: | $196.16 PSF |
| Property Use Type: | Investment, Business |
| Building Name: | 1905 Bardstown Road |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/19/2021 |
Overview / Comments
|
Retail / Multi Family - Residential / Short Term Rental Active AirBnb schedule! Completely renovated mixed use building is quintessential 1920s Highlands with all the architectural charm on the desirable Bardstown Road corridor. Classic Highlands building composed of separate retail and residential. Residential currently configured as an AirBnb with 3 furnished and separately metered residential AirBnB units with with possibility to create a 4th unit. Approximately 8 +/- parking spaces in rear of building. Front is street level retail space is a separate 3,700 +/- sf space currently a spa/salon with newer trade fixtures(trade fixtures possibly sold under separate agreement). Retail space enjoys high visibility with approximately 40ft +/- of frontage to walking and street traffic. This section of Bardstown Road boasts an estimated 14,000 vehicles per day (KTC). Parcel is approximately .176+/-, Parcel ID 077K00230000 The current owner has invested heavily in the property, untaking a major renovation and numerous upgrades. Owner claims major overhaul throughout the building from 2016 until 2019 to include building mechanicals/ HVAC, all new electrical and plumbing, new appliances installed, window replacements, roof repair and various cosmetic improvements. Property within the Bardstown Road Overlay District. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Taxing Authority: | Jefferson Cty PVA |
| Tax ID/APN: | 077K00230000 |
| Zoning: | OR-1 - Office/Residential District |
| Site Description: | approximately .176 acre +/- |
| Total Number of Buildings: | 1 |
| Year Built: | 1920 |
| Total Parking Spaces: | 8 |
| Parking Description: | Approximately 3,000 sf+/- parking lot in rear of building could accommodate possibly 8 to 10 vehicles. |
| Zoning Description: | OR1 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 20,533 | 120,660 | 314,789 |
| Median Age: | 38.2 | 38.97 | 37.75 |
| Households: | 9,403 | 56,728 | 139,153 |
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