2nd Gen Salon: Cosmetology Nails, Hair, IV, Massage & 3 Apts

$900,000

1905 Bardstown Rd, Louisville, KY, 40205, Louisville, KY

Retail for sale in Louisville, 1905 Bardstown Rd, Louisville, KY, 40205, 5102 m²

1905 Bardstown Rd, Louisville, KY, 40205, Louisville, KY

$900,000

5102m²
Type: Retail

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! Location Overview 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.​

Agent Information

Sam Griffin, CCIM, CBI, NACREP

Sam Griffin, CCIM, CBI, NACREP

Location

1905 Bardstown Rd, Louisville, KY, 40205, Louisville, KY

Data

Object TypeRetail
Purchase Price$900,000
Living Space5102 m²
Plot Size713.22 m²
BathroomsN/A
Construction Year1920
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1920
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent