Investment Opportunity in busy Highlands area

1905 Bardstown Rd Louisville, KY 40205

1905 Bardstown Rd, Louisville, KY, 40205
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FOR SALE
Property Type:
Street Retail
Amount:
$1,600,000
Last Verified:
Dec 11, 2024

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Highlights

  • *ideal location right on bus Bardstown Road
  • *sidewalk/foot traffic
  • ***possible turnkey spa business also for sale (separate transaction)

Description

Investment opportunity in Louisville, KY: a distinguished 5,102 SF building with four units, built in 1920 and zoned for commercial use. This historic property at 1905 Bardstown Rd offers timeless charm, spacious layouts, and versatile retail potential. The prime location in Louisville presents a lucrative opportunity for retail and street retail investors seeking a prestigious and high-traffic setting. Boasting a rich history and architectural character, this property is ready to accommodate a range of retail concepts and capitalize on the thriving market demand in the Louisville area.

Very busy active neighborhood surrounding this property location at 1905 Bardstown Rd, Louisville, KY, 40205. This property offers a unique blend of historic charm and modern amenities. Just steps away, find an array of local cafes, restaurants, and boutique shops, perfect for attracting tenants and clients. The property is conveniently close to the renowned Cherokee Park, offering a peaceful retreat for employees and visitors to enjoy. With its central location and bustling surroundings, this area presents an ideal opportunity for an office investor, Spa, seeking a prime location in a dynamic and thriving community.


Year Built: 1920
Building Size: 5102sq ft
Building Class: B
Lot Size: 0.18 acres


Documents

SVN - Brochure (L)

Map of 1905 Bardstown Rd, Louisville, KY, 40205

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.