Building Details

Buildings 1

Stories 2

Tenancy Multi

Listing Agency: KW Commercial d***@gmail.com Show Phone

Listed By: Derrick Plunkett · License #KY 219608

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:22PM

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Investment Insights

Based on property information with market context.

Located at 237 Elm St in Ludlow, Kentucky, this two-story mixed-use property combines commercial space with residential apartments. The ground level is currently vacant and supports retail or office use. The upper level contains office space that can function alongside the ground floor or be arranged separately. Two apartments within the building are occupied.

The property sits within Ludlow’s historic retail district, providing a setting that includes both commercial and residential components. Its existing layout offers distinct areas for retail, office, and apartment use within one building.

Key Highlights

• Two‑story mixed‑use building at 237 Elm St, Ludlow, KY 41016
• Vacant ground‑floor space suitable for retail or office use
• Second‑floor office area can be combined with or separated from the ground floor

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Nail Salon Bakery HVAC Service (Bike/Boat/Book/etc) 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.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

322

Businesses Nearby

Explore this area Business Placement

Demographics for 41016, KY

5,684

Population

2,958

Households

1.9

Avg Household Size

39

Median Age

29%

College-Educated

92%

High-School Grad

1.5 sq mi

ZIP Area

3,789

Density / Sq Mi

$61,748

Median Household Income

$42,103

Median Earnings

$1,034

Median Rent

$151,300

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Vacant ground-floor retail or office area complements second-floor offices and two occupied apartments.

Where is this mixed-use property located?

The property is located at 237 Elm St Ludlow, KY.

What are key features of this property?

This property features: Two‑story mixed‑use building at 237 Elm St, Ludlow, KY 41016; Vacant ground‑floor space suitable for retail or office use; Second‑floor office area can be combined with or separated from the ground floor