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1110 Logan St 3 432 pi² Commerce de détail Immeuble Louisville, KY 40204 1 183 685 $ CAD (344,90 $ CAD/pi²) 7,82% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 3,432 SF fully renovated mixed-use building (2023 completion)
- Two furnished 1BR/1BA apartments, separately metered
- 0.17-acre lot (7,187 SF), zoned C-2 (STR Short Term Rental eligible- buyer to verify)
- Ground-floor commercial space leased with 4-year term and built-in rent escalation
- 10-space gated parking lot — rare for this submarket
- Original construction 1950; full renovation 2023 — minimal deferred maintenance
Résumé de l'annonce
ully renovated mixed-use investment property directly across from Louisville's iconic Logan Street Market — the city's only public market and the anchor driving Shelby Park's rapid transformation.
This 3,432 SF, two-story Class A building was completed down to the studs in 2023 with high-end finishes, contemporary fixtures, and oversized windows throughout. The ground floor delivers a versatile retail/office space currently leased formally at $3,000/month and stepped to $3,500/month in March 2025 on a four-year term ending March 2029 with no rent escalations. The upper level features two separately metered, fully furnished one-bedroom/one-bathroom apartments leased at $2,000/month each, generating consistent total $4,000/month residential income. Apartment 1 lease ends December 31, 2026. Apartment 2 lease ends May 2027.
The numbers work on day one: $850,000 asking price, $79,416 pro-forma NOI, and a 9.34% cap rate — with built-in upside as the commercial lease escalation takes effect and residential rents track the neighborhood's upward trajectory.
This is a stabilized, income-producing asset in the path of growth — ideal for investors seeking a passive hold with upside, or owner-operators looking to run a street-level business with residential income above. The renovation quality eliminates near-term capital expenditure concerns, and the Logan Street Market adjacency provides a built-in demand driver for both tenants and future buyers.
Showings by appointment: contact Rachel Friedman - Rachel@GilezanTeam.com or call 561-537-6464.
This 3,432 SF, two-story Class A building was completed down to the studs in 2023 with high-end finishes, contemporary fixtures, and oversized windows throughout. The ground floor delivers a versatile retail/office space currently leased formally at $3,000/month and stepped to $3,500/month in March 2025 on a four-year term ending March 2029 with no rent escalations. The upper level features two separately metered, fully furnished one-bedroom/one-bathroom apartments leased at $2,000/month each, generating consistent total $4,000/month residential income. Apartment 1 lease ends December 31, 2026. Apartment 2 lease ends May 2027.
The numbers work on day one: $850,000 asking price, $79,416 pro-forma NOI, and a 9.34% cap rate — with built-in upside as the commercial lease escalation takes effect and residential rents track the neighborhood's upward trajectory.
This is a stabilized, income-producing asset in the path of growth — ideal for investors seeking a passive hold with upside, or owner-operators looking to run a street-level business with residential income above. The renovation quality eliminates near-term capital expenditure concerns, and the Logan Street Market adjacency provides a built-in demand driver for both tenants and future buyers.
Showings by appointment: contact Rachel Friedman - Rachel@GilezanTeam.com or call 561-537-6464.
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Revenu net d’exploitation |
-
|
-
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
3 432 pi²
Classe d’immeuble
B
Année de construction/rénovation
1940/2023
Prix
1 183 685 $ CAD
Prix par pi²
344,90 $ CAD
Taux de capitalisation
7,82%
Revenu net d’exploitation
92 508 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,46
Taille du lot
0,17 AC
Zone de développement économique
Oui
Zonage
C2
Stationnement
10 places (2,91 places par 1 000 pi² loué)
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
40/100
Moyennement accessible en vélo
60/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 025A00430000 | Évaluation des bâtiments | 989 046 $ CAD |
| Évaluation du terrain | 81 097 $ CAD | Évaluation totale | 1 070 143 $ CAD |
Impôts fonciers
Numéro de lot
025A00430000
Évaluation du terrain
81 097 $ CAD
Évaluation des bâtiments
989 046 $ CAD
Évaluation totale
1 070 143 $ CAD
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1110 Logan St
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