1328 & 1330 Bardstown Road

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30839401
Property Subtypes: Mixed Use, Street Retail, Other
Status: Pending
Building Size (RSF): 10,587 SF
Gross Land Area: 0.41 Acres
Sale Price: $2,795,000
Unit Price: $264 PSF
Property Use Type: Vacant/Owner-User
Building Name: Frances Lee Jasper Oriental Rug Property
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2023

Overview / Comments

This is a fantastic opportunity to own an iconic Louisville location.1328/1330 Bardstown Road are at the 'Main and Main' of Louisville's Highlands neighborhood. These conjoined buildings have been occupied by Frances Lee Jasper Oriental Rugs since the early 80s and 90s respectively. The two buildings provide an owner/user/investor the ability to create a truly unique experience on many levels. 1330 was originally a fire house and still retains much of its original charm and character. 1328 offers two retail bays as well as an income-producing apartment on its second level. Both buildings have been well-maintained and boast highly sought-after off-street parking. Used together or separately, the possibilities at this site are numerous.

1328 Bardstown was built in 1920
1330 Bardstown was built in 1900

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 075B00640000
Zoning: C-2 - Commercial District
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Bardstown Road
Site Description: These buildings are located in the heart of Louisville's iconic Highlands neighborhood, in the middle of a bustling retail and residential district. They are prominent, highly recognized fixtures of the well-established neighborhood.
Area Description: The Highlands is one of Louisville's most iconic neighborhoods. It is known for its live, work and play atmosphere and boasts a host of shopping, dining and residential options. It has tree-lined streets and an eclectic mix of all walks of life. It is close to downtown Louisville as well as Louisville's East end.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 1920
Construction/Siding: Brick
Exterior Description: 1330 and 1328 are unique and distinctive, on their exteriors, retaining much of their original charm.
Parking Type: Surface
Parking Description: 1330 has side lot/rear parking and 1328 has a rear lot. The two parking areas could possibly be combined to create 20+/- parking spaces.
Interior Description: The former fire house at 1330 Bardstown retains a lot of original charm, including fire pole and hose room. There are two roll up doors in the front that could be made operational again. 1328 has two charming retail bays and storage area, as well as a recently renovated apartment on its second floor, with ~1.5 years remaining on its lease.
Zoning Description: C-2
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 1328 Parcel ID - 075B00640000 1330 Parcel ID - 075B00650000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,942 127,938 320,340
Median Age: 38.2 37.62 37.26
Households: 8,792 60,017 140,557
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