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    243 Elm St Ludlow, KY 41016

    For Sale
    $409,900

    COMMERCIAL - Ludlow, KY

    Property size:
    3,930 SF
    Lot size:
    0.07 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 243 Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Vinyl Frames, Wood Frames
    Rooms
    Basement
    APN
    026-33-14-001.00
    Parking
    5
    Parking features
    Parking Lot
    Exterior features
    Lighting, Sidewalks
    Basement
    Partial
    Size
    3,930 SF
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1855
    Floors in Building
    3
    Building materials
    Brick
    Roof type
    Shingle

    Resource Realty Partners (859) 445-8331

    Listing agent Matthew Brock (859) 445-8331 License #223022

    Listing date Dec 3, 2025

    Copyright © 2025 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ludlow Mixed-Use Building For Sale

    This mixed-use, all-brick building is located in the heart of Ludlow's business district. Constructed in 1855, it was the first commercial building in the area and retains historical charm with its original front door, front windows, hardwood, and trim. The property has been updated throughout in recent years. The first floor features a storefront with over 1,500 square feet of space. The second floor contains a two-bedroom unit, and the third floor has a one-bedroom unit. Off-street parking is available. The property is fully occupied. A new roof was installed in 2022, and two new HVAC systems were installed in 2021. New windows were installed in 2022. The lot size is 0.07 acres, and the property size is 3,930 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.548132
    Latitude
    39.093453

    Nearby Similar for Sale

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      Updated Duplex in Ludlow, KY

      Well-maintained duplex with long-term tenants and recent updates.
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    • $1,250,000
      5,800 SF

      High-Visibility Commercial Property in Ludlow

      Versatile commercial property with high traffic and modern features.
      132 Elm St, Ludlow, KY 41016
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    • $284,900
      3,436 SF

      Ludlow Mixed-Use Investment Opportunity

      Mixed-use building with storefronts, apartments, and garages in Ludlow.
      131 Elm St, Ludlow, KY 41016
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Updated mixed-use building in Ludlow's business district.
    Where is this mixed-use property located?
    The property is located at 243 Elm St Ludlow, KY.
    What is the asking price?
    The asking price for this property is $409,900.
    What are key features of this property?
    This property features: - Fully occupied mixed-use building in a prime business district location.; - Completely updated throughout in recent years, including new roof (2022), new windows (2022), and 2 new HVAC systems (2021).; - Features a 1,500+ sq ft store front on the 1st floor, a 2-bedroom unit on the 2nd floor, and a 1-bedroom unit on the 3rd floor.
    (859) 445-8331
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    Ludlow, KY 41016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    243 Elm St Ludlow, KY 41016
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