This exceptional Louisville, KY investment opportunity presents two meticulously built, live/work buildings situated in the highly desirable Norton Commons South Village Town Center. The property boasts a total of approximately 5,300 square feet, encompassing 2,755 square feet of commercial space across two buildings, each featuring 1,377.5 square feet of finished space with 12-14' ceilings. Currently leased to a single tenant, the flexible design allows for either one large or two separate commercial spaces. The commercial areas are ideal for medical, professional offices, or showrooms. Adding to the investment potential are two 2-bedroom, 2-bathroom luxury condo/apartments, each approximately 1,272 square feet with attached garages and private rear entrances. These units command high rental rates, comparable to similar properties in the area at $2,300-$3,100 per month. The property sits on approximately 4,900-5,000 square feet of land, offering ample space and visibility. Built in 2015, the buildings are in excellent condition and benefit from a stable leasing history with 100% occupancy across three tenants. The property includes 10 parking spaces and is zoned for Planned Village Development (PVD), allowing for a variety of uses. This unique offering combines the benefits of commercial and residential income streams in a prime location, presenting a rare opportunity for owner-users or investors seeking a high-return, low-maintenance investment. The property's location within Norton Commons, a renowned traditional town development, ensures strong demand and long-term value. Short-term rentals are permitted.
Highlights
Two meticulously built, live/work buildings totaling 5,300 square feet in Norton Commons South Village Town Center, Louisville, KY.
2,755 square feet of commercial space, divisible into two 1,377.5 sq ft units with 12-14' ceilings, ideal for medical, professional, or showroom uses.
Two 2-bed, 2-bath luxury condos (1,272 sq ft each), with attached garages and private entrances, commanding $2,300-$3,100/month rent.
Situated on ~5,000 sq ft lot with 10 parking spaces, built in 2015, excellent condition, 100% occupancy.
Planned Village Development (PVD) zoning, allowing diverse uses; short-term rentals permitted.
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Contacts
Colleen Walker, EXP Realty | Luxury
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10612 Meeting St, Prospect, Kentucky, 40059
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10612 Meeting St
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