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401-403 Elm St 5,556 SF Retail Building Ludlow, KY 41016 $453,440 CAD ($81.61 CAD/SF)
INVESTMENT HIGHLIGHTS
- Mixed-use layout: Retail storefronts on the ground floor with residential units above
- Large corner footprint with great street presence and natural light
- Separate utilities for main and bonus building
- Partially renovated: New roof, windows, and additional improvements already completed
- Separate rear building included – ideal for additional rental income or creative use (workshop, studio, or office)
EXECUTIVE SUMMARY
*PRICE REDUCED!*
A rare opportunity in the heart of Ludlow! 401–403 Elm St is a classic corner property offering both retail and residential possibilities with exceptional visibility and flexibility. This two-story mixed-use building spans over 5,500 square feet and sits on a 0.11-acre lot in a thriving, walkable neighborhood just minutes from downtown Cincinnati.Includes Bonus Building with Separate Utilities
Improvements:
New roof and windows and exterior paint 2018
First floor $25K upgrades to storefront
complete drywall and paint 2024
wiring, lights, ceiling fans, outlets, switches 2024
plumbing for first floor bathroom 2024
Second floor 2 furnished airbnb apartments(1 efficient, 1 - 1-bedroom)
Bonus building in back with separate address 106 Kenner & utilities.
Ready for rehab & development, restaurant, retail etc.
Property Highlights:
Mixed-use layout: Retail storefronts on the ground floor with residential units above
Partially renovated: New roof, windows, and additional improvements already completed
Large corner footprint with great street presence and natural light
Separate rear building included – ideal for additional rental income or creative use (workshop, studio, or office)
Separate utilities for main and bonus building
Ideal Uses:
Retail shops, cafés, gallery, salon
Upper-level apartments or short-term rentals
Live-work setup or small business headquarters
Location Highlights:
Strategically located at a lighted intersection for high visibility
Surrounded by well-loved local businesses and the historic charm of Ludlow
Quick access to Covington and downtown Cincinnati
A rare opportunity in the heart of Ludlow! 401–403 Elm St is a classic corner property offering both retail and residential possibilities with exceptional visibility and flexibility. This two-story mixed-use building spans over 5,500 square feet and sits on a 0.11-acre lot in a thriving, walkable neighborhood just minutes from downtown Cincinnati.Includes Bonus Building with Separate Utilities
Improvements:
New roof and windows and exterior paint 2018
First floor $25K upgrades to storefront
complete drywall and paint 2024
wiring, lights, ceiling fans, outlets, switches 2024
plumbing for first floor bathroom 2024
Second floor 2 furnished airbnb apartments(1 efficient, 1 - 1-bedroom)
Bonus building in back with separate address 106 Kenner & utilities.
Ready for rehab & development, restaurant, retail etc.
Property Highlights:
Mixed-use layout: Retail storefronts on the ground floor with residential units above
Partially renovated: New roof, windows, and additional improvements already completed
Large corner footprint with great street presence and natural light
Separate rear building included – ideal for additional rental income or creative use (workshop, studio, or office)
Separate utilities for main and bonus building
Ideal Uses:
Retail shops, cafés, gallery, salon
Upper-level apartments or short-term rentals
Live-work setup or small business headquarters
Location Highlights:
Strategically located at a lighted intersection for high visibility
Surrounded by well-loved local businesses and the historic charm of Ludlow
Quick access to Covington and downtown Cincinnati
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,556 SF
Building Class
C
Year Built
1900
Price
$453,440 CAD
Price Per SF
$81.61 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.16
Lot Size
0.11 AC
Zoning
Mixed-Use - Mixed-Use (Commercial/Residential)
Frontage
47’ on Elm St
PROPERTY TAXES
| Parcel Number | 026-33-07-008.00 | Improvements Assessment | $245,761 CAD |
| Land Assessment | $35,109 CAD | Total Assessment | $280,870 CAD |
PROPERTY TAXES
Parcel Number
026-33-07-008.00
Land Assessment
$35,109 CAD
Improvements Assessment
$245,761 CAD
Total Assessment
$280,870 CAD
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401-403 Elm St
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