Renovated Mixed-Use
For Sale
$1,200,000
1807 Brownsboro Rd, Louisville, KY 40206
C1-zoned property with office space, four en suite bedrooms, and approval for a 16-person Airbnb.
Property Size3,264 SF
Price / SF$367.65
Days on Market93
Property Features for 1807 Brownsboro Rd
General Information
Standard status
Active
Size
3,264 SF
Property subtype
Multi-Family
Zoning
C1
Building Details
Year Built
1890
Listing Agency:
EXP Realty LLC
Listed By:
Ethan J Adams · License #244623
(502) 558-8193
Source:
Familyrealty
Added: Jul 13
Changed: Oct 4
Last Checked: Oct 12 at 11:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
Investment Insights
Based on property information with market context.
Located at 1807 Brownsboro Rd. in Louisville, this 3,264-square-foot mixed-use property was renovated three years ago and carries C1 zoning. The main level includes a reception or gathering area, Bourbon Room, two private offices, conference room, and half bath. Four private bedroom suites occupy the upper level, each with a full bathroom.
The existing configuration supports professional office use, live/work arrangements, employee or guest accommodations, and short-term rental operations. The property is approved for a 16-person Airbnb and sits minutes from Downtown Louisville, Crescent Hill, Clifton, St. Matthews, and the Frankfort Avenue corridor. Built in 1890, the building combines historic construction with updated interior improvements and a layout suited to multiple commercial and residential functions.
The existing configuration supports professional office use, live/work arrangements, employee or guest accommodations, and short-term rental operations. The property is approved for a 16-person Airbnb and sits minutes from Downtown Louisville, Crescent Hill, Clifton, St. Matthews, and the Frankfort Avenue corridor. Built in 1890, the building combines historic construction with updated interior improvements and a layout suited to multiple commercial and residential functions.
Key Highlights
- 3,264 SF mixed‑use property at 1807 Brownsboro Rd., Louisville, KY 40206
- C1 zoning with approval for a 16‑person Airbnb
- Renovated three years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,155
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,100
$843.1K
Cap Rate 7%
$602,214
$602.2K
Cap Rate 9%
$468,389
$468.4K
Market Conditions
NOI Build-Up for 3,264 SF
Gross rent
$68.5K $21.00/SF
− Vacancy
−$12.3K −$3.78/SF
EGI
$56.2K $17.22/SF
− OpEx
−$14.1K −$4.31/SF
NOI
$42.2K $12.92/SF
Area
Louisville, KY
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,100
Cap Rate 7%
$602,214
Cap Rate 9%
$468,389
Alternative Uses
Best Use
Office B
$602.2K
$526.9K – $702.6K
NOI $42,155 @ 7.0% cap · market cap 3.51%
Second Best
Mixed Use
$553.9K
$484.7K – $646.3K
NOI $38,776 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$846.0K
$740.3K – $987.0K
NOI $59,222 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
Explore this area
Business Placement
Demographics for 40206, KY
20,196
Population
11,637
Households
1.7
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,482
Density / Sq Mi
$72,543
Median Household Income
$48,506
Median Earnings
$1,142
Median Rent
$276,100
Median Home Value
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Market
Vacancy Rate% for Office in Louisville, KY
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C1-zoned property with office space, four en suite bedrooms, and approval for a 16-person Airbnb.
Where is this mixed-use property located?
The property is located at 1807 Brownsboro Rd Louisville, KY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,264 SF mixed‑use property at 1807 Brownsboro Rd., Louisville, KY 40206; C1 zoning with approval for a 16‑person Airbnb; Renovated three years ago
