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1015 Bardstown Rd
Louisville, KY 40204
The 1015 Building · Retail Property For Sale
Executive Summary
• Fully Leased Mixed-Use Asset: 100% occupied with a ground-floor retail tenant and
four spacious 2BR/2BA apartment units on the second floor.
• Compelling Value-Add Potential: All tenants are currently paying below-market rents,
presenting strong upside through rent adjustments.
• Flexible Lease Structure: With all but two apartment tenants on month-to-month
terms, investors have immediate opportunity to reposition and capture market rents.
• Airbnb / Short-Term Rental Upside: The four apartment units offer potential for
conversion to short-term rentals, creating an additional layer of income growth.
• Indoor Parking & Conversion Potential: Six designated indoor parking spaces offer a
desirable amenity, with the potential to convert into additional retail space for enhanced
revenue
• Comprehensive Financials: Rent roll and pro forma available upon execution of a
Confidentiality Agreement
• Prime Highlands Corridor Location: Located on Bardstown Road, Louisville’s premier
high-traffic, pedestrian-friendly retail corridor, surrounded by dining, shopping, and
dense residential neighborhoods.
• Versatile C-2 Zoning: Flexible zoning allows for continued retail, office, or service uses,
enhancing long-term adaptability.
four spacious 2BR/2BA apartment units on the second floor.
• Compelling Value-Add Potential: All tenants are currently paying below-market rents,
presenting strong upside through rent adjustments.
• Flexible Lease Structure: With all but two apartment tenants on month-to-month
terms, investors have immediate opportunity to reposition and capture market rents.
• Airbnb / Short-Term Rental Upside: The four apartment units offer potential for
conversion to short-term rentals, creating an additional layer of income growth.
• Indoor Parking & Conversion Potential: Six designated indoor parking spaces offer a
desirable amenity, with the potential to convert into additional retail space for enhanced
revenue
• Comprehensive Financials: Rent roll and pro forma available upon execution of a
Confidentiality Agreement
• Prime Highlands Corridor Location: Located on Bardstown Road, Louisville’s premier
high-traffic, pedestrian-friendly retail corridor, surrounded by dining, shopping, and
dense residential neighborhoods.
• Versatile C-2 Zoning: Flexible zoning allows for continued retail, office, or service uses,
enhancing long-term adaptability.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,734 SF
Building Class
B
Year Built/Renovated
1901/1970
Price
$3,001,328 CAD
Price Per SF
$308.33 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.72
Lot Size
0.13 AC
Zoning
C-2 - Flexible zoning allows for continued retail, office, or service uses,
enhancing long-term adaptability.
Frontage
25’ on Bardstown Rd
Property Taxes
| Parcel Number | 075C00620000 | Improvements Assessment | $1,666,794 CAD |
| Land Assessment | $271,200 CAD | Total Assessment | $1,937,994 CAD |
Property Taxes
Parcel Number
075C00620000
Land Assessment
$271,200 CAD
Improvements Assessment
$1,666,794 CAD
Total Assessment
$1,937,994 CAD
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