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Fern Creek Mixed-Use Property

5650 Bardstown Rd Louisville, KY 40291

5650 Bardstown Rd, Louisville, KY, 40291
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Renovated mixed-use property with office and retail spaces available.

Property Size14,400 SF
Price / SF$152.78
AddedMay 12
Days on Market65
Last RefreshJul 5 at 6:33 am

Property Features for 5650 Bardstown Rd

General Information

Standard status
Active
Size
14,400 SF
Property subtype
Retail, Office

Building Details

Year Built
2007

Listing office Horizon Commercial Realty

Listing date May 12, 2026

Source Crexi

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 Horizon Commercial Realty


Investment Insights

Based on property information with market context.

Available for sale or lease, this well-maintained mixed-use property, renovated in 2019, is located in Fern Creek, just off Bardstown Road. The property offers both office and retail opportunities. The office portion totals approximately 7,000 square feet and features an efficient and functional layout. It is ideal for office users seeking a move-in ready workspace. The property also includes two retail suites, providing flexibility for owner-users or investors. The property is conveniently located near a strong mix of retail amenities, offering access and visibility within the established Fern Creek trade area. The property size is 14,400 square feet.

Key Highlights

  • Renovated in 2019, offering a move‑in ready workspace.
  • Combines office (7,000 SF) and retail opportunities.
  • Located in the established Fern Creek trade area off Bardstown Road.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $259.2k $18.00
− Vacancy −$46.7k −$3.24
EGI $212.5k $14.76
− OpEx −$53.1k −$3.69
NOI $159.4k $11.07
14,400 SF · lease $18.00/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.28M
$1.99M – $2.66M (±1% cap)
NOI $159,408 @ 7.0% cap · market cap 7.25%
Second Best
Retail
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,104 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$3.04M
$2.66M – $3.54M (±1% cap)
NOI $212,503 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Caring Hands of Kentucky ... Home Health Care Service Caroll-Kron Consulting Business Management Consultant Creative Strategies (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Hair Salon Auto Parts Store Auto Repair Shop Storage Facility HVAC Service

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

FAQs

What type of property is this?
Mixed-use property - Renovated mixed-use property with office and retail spaces available.
Where is this mixed-use property located?
The property is located at 5650 Bardstown Rd Louisville, KY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Renovated in 2019, offering a move‑in ready workspace.; Combines office (7,000 SF) and retail opportunities.; Located in the established Fern Creek trade area off Bardstown Road.
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