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Silver Heights Shopping Center 9216 Blue Lick Rd 8,000 SF Retail Building Louisville, KY 40229 $1,762,803 CAD ($220.35 CAD/SF)



Investment Highlights
- Operating daycare business and real estate included
- Strong history of revenue and profitability
- High-visibility commercial location
Executive Summary
Rare opportunity to acquire an operating childcare business together with its real estate in a highly visible location with traffic counts of approximately 26,000 vehicles per day.
The property offers approximately 7,356 square feet of total space, including a 5,304-square-foot main building and an additional 2,052 square feet of classroom space. The C-1 zoned facility was built in 1965 and is approved for up to 135 children, with current enrollment of approximately 85—providing meaningful capacity for future growth.
The business generated approximately $937,705 in total income and $179,585 in reported net income during 2025. Seller-provided projections indicate potential pro forma NOI of approximately $285,223 at licensed capacity. Revenue is supported by a mix of private-pay tuition, CCAP income, and food-program income.
The real estate is offered at $727,108, reflecting a projected NOI of approximately $79,982 and an 11% capitalization rate. The operating business is offered at $538,755.63, for a combined asking price of approximately $1.266 million.
This turnkey offering presents an attractive opportunity for an experienced childcare operator, expanding daycare group, owner-operator, or investor seeking an established business with real estate and additional enrollment capacity.
The property offers approximately 7,356 square feet of total space, including a 5,304-square-foot main building and an additional 2,052 square feet of classroom space. The C-1 zoned facility was built in 1965 and is approved for up to 135 children, with current enrollment of approximately 85—providing meaningful capacity for future growth.
The business generated approximately $937,705 in total income and $179,585 in reported net income during 2025. Seller-provided projections indicate potential pro forma NOI of approximately $285,223 at licensed capacity. Revenue is supported by a mix of private-pay tuition, CCAP income, and food-program income.
The real estate is offered at $727,108, reflecting a projected NOI of approximately $79,982 and an 11% capitalization rate. The operating business is offered at $538,755.63, for a combined asking price of approximately $1.266 million.
This turnkey offering presents an attractive opportunity for an experienced childcare operator, expanding daycare group, owner-operator, or investor seeking an established business with real estate and additional enrollment capacity.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built
1965
Price
$1,762,803 CAD
Price Per SF
$220.35 CAD
Business Value
$750,255 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.99 AC
Zoning
C-1
Parking
14 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
170’ on Blue Lick Rd
Amenities
- Freeway Visibility
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 093502260000 | Improvements Assessment | $598,652 CAD |
| Land Assessment | $425,723 CAD | Total Assessment | $1,024,375 CAD |
Property Taxes
Parcel Number
093502260000
Land Assessment
$425,723 CAD
Improvements Assessment
$598,652 CAD
Total Assessment
$1,024,375 CAD
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Silver Heights Shopping Center | 9216 Blue Lick Rd
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