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1900 Mellwood Ave
Louisville, KY 40206
Mom's Music · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime location with exceptional access and visibility
- Strong tenant in place (Mom’s Music)
- This property includes the (88+total spaces) vacant parking lot directly across the street
EXECUTIVE SUMMARY
Investment Opportunity – Landmark Property in Prime Location
Don’t miss this rare opportunity to acquire a local landmark located in one of the city’s most convenient and visible locations — with easy access to I-71, I-64, and downtown.
Situated adjacent to The Mellwood Arts and Entertainment Center, this high-profile property offers excellent visibility, flexible commercial potential, and ample parking. The sale also includes the vacant parking lot directly across the street, providing a total of approximately 88+ parking spaces.
Currently home to the well-known "Mom’s Music", which remains open and operating as a tenant, this property offers immediate income potential with room for future repositioning or redevelopment.
Originally designed for restaurant use, the building was fully renovated by the current owner for retail operations — featuring an open main floor plan with multiple showrooms, storage, and retail areas. The second floor, currently used for private music instruction, was formerly office space and can be easily adapted to meet a wide range of business needs.
Zoned C-2, the property supports numerous commercial uses — retail, restaurant, office, entertainment, or mixed-use concepts.
Highlights:
Prime location with exceptional access and visibility
Includes additional parking lot (88+ total spaces)
Strong tenant in place (Mom’s Music)
Flexible open layout suitable for multiple uses
Zoned C-2 — endless possibilities
This versatile investment property is a true gem in one of the city’s most dynamic corridors.
NOTE: The Business is NOT for sale. Doors are still open for business as usual.
Please DO NOT disturb the Tenant and contact the listing broker for additional information or to schedule a private tour.
Don’t miss this rare opportunity to acquire a local landmark located in one of the city’s most convenient and visible locations — with easy access to I-71, I-64, and downtown.
Situated adjacent to The Mellwood Arts and Entertainment Center, this high-profile property offers excellent visibility, flexible commercial potential, and ample parking. The sale also includes the vacant parking lot directly across the street, providing a total of approximately 88+ parking spaces.
Currently home to the well-known "Mom’s Music", which remains open and operating as a tenant, this property offers immediate income potential with room for future repositioning or redevelopment.
Originally designed for restaurant use, the building was fully renovated by the current owner for retail operations — featuring an open main floor plan with multiple showrooms, storage, and retail areas. The second floor, currently used for private music instruction, was formerly office space and can be easily adapted to meet a wide range of business needs.
Zoned C-2, the property supports numerous commercial uses — retail, restaurant, office, entertainment, or mixed-use concepts.
Highlights:
Prime location with exceptional access and visibility
Includes additional parking lot (88+ total spaces)
Strong tenant in place (Mom’s Music)
Flexible open layout suitable for multiple uses
Zoned C-2 — endless possibilities
This versatile investment property is a true gem in one of the city’s most dynamic corridors.
NOTE: The Business is NOT for sale. Doors are still open for business as usual.
Please DO NOT disturb the Tenant and contact the listing broker for additional information or to schedule a private tour.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,700 SF
Building Class
C
Year Built/Renovated
1992/2006
Price
$1,790,503 CAD
Price Per SF
$153.03 CAD
Cap Rate
8.31%
NOI
$148,716 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.98 AC
Zoning
C-2
Parking
130 Spaces (2.66 Spaces per 1,000 SF Leased)
Frontage
319’ on Mellwood Ave
AMENITIES
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Number | 088A02330000 | Improvements Assessment | $828,212 CAD |
| Land Assessment | $128,034 CAD | Total Assessment | $956,245 CAD |
PROPERTY TAXES
Parcel Number
088A02330000
Land Assessment
$128,034 CAD
Improvements Assessment
$828,212 CAD
Total Assessment
$956,245 CAD
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