1382 Dixie Hwy

Multi-Family: Mixed Use
Pending

1382 dixie highway, LouisvilleKY 40210

Property Details

Location

Address
1382 dixie highway, LouisvilleKY 40210
County
Jefferson
Submarket
Parcels
041B01120000

Building Size

Building Size
Rentable Space
4,682 SF

Building Details

Type
 Multi-Family: Mixed Use  
 Pending
Number of Buildings
Number of Units
2
Occupancy Type
Single Tenant
Building Class
Building Status
Existing
Floors
2
Year Built
1963
Year Renovated
2023
Sprinklers
Yes
Total Parking
6
Parking Ratio

Land & Utilities

Land (Acres)
0.09 Acres
Land (SF)
3,920 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
C-2
Lot Depth
Lot Width

Contacts

Current Listings

C-2 Zoned Mixed Use Business/Office/Storage with Apartment Above

4,682 SF$295,000
Cap Rate: 10.88%

Introducing a prime investment opportunity in a bustling commercial zone! This high-traffic, expansive mixed-use building boasts coveted C2 zoning, opening doors to a plethora of possibilities for astute investors and business owners.

The ground level offers a versatile space, ripe for customization. Whether you envision it as an office, storage facility, extra parking, or the operational hub for your business, the possibilities are endless. A convenient half bathroom enhances the functionality of this level.

Looking to diversify? Consider transforming the ground level into a warehouse space to cater to storage needs or as a hub for distribution operations. The flexibility of the layout allows for seamless adaptation to various business ventures.

Ascend to the second floor to discover a beautifully renovated living space. This level hosts a fully refurbished 4-bedroom, 2-bathroom apartment, featuring a spacious kitchen, inviting living room, large laundry area with a mud/setting room, and a sprawling outdoor porch.

Freshly painted both inside and out, the building exudes a renewed charm, with all-new garage doors, windows, tile, luxury vinyl plank, and carpet flooring throughout. The kitchen shines with new cabinets, granite countertops, and stainless steel appliances, combining style with practicality.

Generously-sized bedrooms offer ample closet space, ensuring comfort for residents. Plus, the potential for an additional bedroom on the entry level could easily transform this into a 5-bedroom residence, accommodating diverse living arrangements.

A testament to its potential, the previous tenant, a large family, leased the entire building for $3,000 per month, operating their flooring and carpet business on the ground floor while residing upstairs.

Looking to capitalize on the booming short-term rental market? Explore the option of converting the upper level into an Airbnb unit, tapping into the lucrative hospitality sector.

With separate meters already installed, the property lends itself to various configurations, from a duplex setup to a multi-family residence, presenting endless opportunities for maximizing returns.

Don't miss out on this exceptional chance to invest in a property offering both commercial and residential potential. Seize the opportunity to leave your mark in this dynamic real estate landscape – schedule your viewing today!

Introducing a prime investment opportunity in a bustling commercial zone! This high-traffic, expansive mixed-use building boasts coveted C2 zoning, opening doors to a plethora of possibilities for astute investors and business owners.

The ground level offers a versatile space, ripe for customization. Whether you envision it as an office, storage facility, extra parking, or the operational hub for your business, the possibilities are endless. A convenient half bathroom enhances the functionality of this level.

Looking to diversify? Consider transforming the ground level into a warehouse space to cater to storage needs or as a hub for distribution operations. The flexibility of the layout allows for seamless adaptation to various business ventures.

Ascend to the second floor to discover a beautifully renovated living space. This level hosts a fully refurbished 4-bedroom, 2-bathroom apartment, featuring a spacious kitchen, inviting living room, large laundry area with a mud/setting room, and a sprawling outdoor porch.

Freshly painted both inside and out, the building exudes a renewed charm, with all-new garage doors, windows, tile, luxury vinyl plank, and carpet flooring throughout. The kitchen shines with new cabinets, granite countertops, and stainless steel appliances, combining style with practicality.

Generously-sized bedrooms offer ample closet space, ensuring comfort for residents. Plus, the potential for an additional bedroom on the entry level could easily transform this into a 5-bedroom residence, accommodating diverse living arrangements.

A testament to its potential, the previous tenant, a large family, leased the entire building for $3,000 per month, operating their flooring and carpet business on the ground floor while residing upstairs.

Looking to capitalize on the booming short-term rental market? Explore the option of converting the upper level into an Airbnb unit, tapping into the lucrative hospitality sector.

With separate meters already installed, the property lends itself to various configurations, from a duplex setup to a multi-family residence, presenting endless opportunities for maximizing returns.

Don't miss out on this exceptional chance to invest in a property offering both commercial and residential potential. Seize the opportunity to leave your mark in this dynamic real estate landscape – schedule your viewing today!

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CIE

Source: KCREA

More Information

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