Trophy Highlands Corner

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30180460
Property Subtypes: Mixed Use
Building Size (RSF): 21,806 SF
Gross Building Area: See Agent
Sale Price: $2,795,000
Unit Price: $128.18 PSF
Property Use Type: Investment
Building Name: Beechwood Assets
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/16/2018

Overview / Comments

Located directly next to Mid City Mall on Bardstown Road, and featuring four parcels assembled on one of the Louisville Highlands most distinct corners, this .584 acre site, containing approximately 21,804 square feet of improved commercial space within 4 structures is now being offered for sale.

The current owner has renovated one of the buildings for apartments (1660 Beechwood Ave), with attractive high quality finishes, and has now begun leasing units. The owner is currently finishing major renovations at 1656 Beechwood into high-end apartments as well.

Additionally, 1230 Bardstown Road & 1664 Beechwood Avenue, are comprised of approximately 13,412 total square feet and include approximately 6,500 square feet of retail / commercial space, and a second and third story that could be built out as apartments or office space.

:: 1656 Beechwood Ave <> contains approx. 3,756 total square feet
:: 1660 Beechwood Ave <> contains approx. 4,638 total square feet
:: 1664 Beechwood Ave <> contains approx. 4,488 total square feet
:: 1230 Bardstown Rd <> contains approx. 8,924 total square feet

This is a rare offering of a prime trophy asset in the heart of the Louisville Highlands. Please contact the listing agent for more information and to schedule a showing. Owner will consider selling each building separately.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 075B00020000
Zoning: C-2 - Commercial District
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 3
Property Condition: Excellent
Year Renovated: 2017

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,119 128,347 318,143
Median Age: 38.12 37.61 37.19
Households: 8,891 59,781 139,661
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