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Retail Property with Additional Parking Lot
For Sale
$1,200,000

1900 & 1903 Mellwood Avenue, Louisville, KY 40206

Retail property with a flexible open layout, C-2 zoning, and an additional parking lot with 88+ spaces.

Property Size11,772 SF
Price / SF$101.94
Days on Market96

Property Features for 1900 & 1903 Mellwood Avenue

General Information

Standard status Active
Size 11,772 SF
Zoning C-2

Site & Location

Neighborhood Clifton Heights
Listing Agency: eXp Commercial
Listed By: Latonia Isenberg · License #202342
Source: Expcommercial
Added: Jul 28 Changed: Oct 26 Last Checked: Oct 30 at 10:25AM

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 Commercial

Rey
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Investment Insights

Based on property information with market context.

This retail property at 1900 Mellwood Ave offers 11,772 SF of space with a flexible open layout suitable for many uses. Built in 1992, the property includes an additional parking lot with 88+ total spaces, supporting customer or tenant parking needs.

The property is zoned C-2 and is described as having exceptional access and visibility in Louisville, Kentucky. A strong tenant is in place (Mom's Music), providing an existing operating presence for investors.

For buyers or tenants seeking a retail space with adaptable interior layout and substantial on-site parking, this C-2 zoned asset combines an existing tenant with parking capacity intended to support customer traffic.

Key Highlights

  • 11,772 SF retail property with a flexible open layout
  • Additional parking lot with 88+ total spaces
  • Zoned C‑2

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mom's Music (Bike/Boat/Book/etc) Store True Reform FAD Photography Service Rising Stars Music ... Vocational School Jammin' Johns (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm Auto Parts Store Kitchen & Bath Showroom Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Thorntons Shops & Services
9,714 visits/mo 0.4 miles
Family Dollar Shops & Services
3,652 visits/mo 0.3 miles
SUBWAY Dining
2,846 visits/mo 0.3 miles
Papa John's Pizza Dining
1,199 visits/mo 0.3 miles
Prime Storage Shops & Services
964 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail property with a flexible open layout, C-2 zoning, and an additional parking lot with 88+ spaces.
Where is this retail space located?
The property is located at 1900 & 1903 Mellwood Avenue 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: 11,772 SF retail property with a flexible open layout; Additional parking lot with 88+ total spaces; Zoned C‑2
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