217 Breckenridge Ln, Louisville, KY for sale

Investment Overview

Rare Freestanding Medical Office in the Heart of St. Matthews Rare opportunity to acquire a freestanding medical office building with on-site parking in the highly desirable St. Matthews submarket. The property totals 2,183 SF across two floors, plus a large bonus basement, and is well configured for continued medical use or professional office occupancy. The first floor features a functional medical layout with a waiting room, reception/office area, 6 exam rooms, and two restrooms. The second floor includes a large open area, break area, private office, and an additional restroom, offering flexibility for administrative offices, providers, or future reconfiguration. The basement level provides substantial additional value with washer/dryer hookups and ample storage space. Recent capital improvements include a new roof and new 5-ton HVAC condenser installed in 2024. The property is currently leased to a long-standing Aesthetics and MedSpa tenant, generating $3,250 per month in rental income. The lease expires June 30, 2028, with no renewal options, creating an attractive opportunity for an investor or an owner-occupant seeking interim income with a clear path to future occupancy. Do not disturb Tenant. Showings by prior appointment only.

Investment Highlights

• Freestanding medical office building in St. Matthews
• 2,183 SF on two floors, plus bonus basement space
• On-site parking
• Medical buildout in place
• Second floor with large open area, break area, and private office
• Basement with washer/dryer hookups and significant storage
• New roof (2024)
• New 5-ton HVAC condenser (2024)
• Leased to established Aesthetics & MedSpa tenant
• Current rent: $3,250/month
• Lease expiration: June 30, 2028 (no renewal options)
• Ideal for investor or future owner-occupant
• Rare combination of location, parking, and medical buildout