2nd Gen Salon & Apartments, 100% Turn Key, Live Work Play

Investment Overview

A rare opportunity to acquire a premier mixed-use property in the heart of Louisville’s highly coveted Highlands neighborhood. 1905 Bardstown Road offers the ultimate "Live, Work, and Earn" scenario, making it the perfect acquisition for a beauty/wellness entrepreneur or a savvy investor seeking a value-add asset in a high-barrier-to-entry market. Featuring a turnkey, second-generation salon and med-spa on the ground floor, plus three residential apartments above, this property provides immediate in-place income with significant upside potential. The "Live-Work-Earn" Advantage With the commercial space and two of the three apartments currently vacant, this building is uniquely positioned for an owner-user. A business owner can immediately launch their salon or med-spa on the main level, live rent-free in one of the vacant upstairs apartments, and use the rental income from the two additional units (one already tenant-occupied) to aggressively offset their commercial mortgage. Highly favorable SBA financing may be available for qualified owner-users! Location Overview Situated on the dynamic Bardstown Road corridor, the property is surrounded by Louisville’s best local dining, boutique shopping, coffee shops, and nightlife. This exceptional foot-traffic location provides a built-in customer base for the ground-floor business and makes the residential units incredibly easy to lease.

Investment Highlights

• The Commercial Space (Ground Floor)
• Second-Generation Buildout: Previously operated as a successful spa, the space is fully plumbed and wired for a hair salon, nail bar, and injection/med-spa studio.
• Turnkey Potential: Avoid massive Tenant Improvement (TI) costs and construction delays. Existing salon and studio furniture/equipment is negotiable for a seamless opening.
• Maximum Visibility: Features excellent street frontage and signage opportunities on the heavily trafficked Bardstown Road corridor.
• The Residential Units (Upper Levels)
• Unit Mix: Three (3) total apartments.
• In-Place Cash Flow: One unit is currently leased, providing reliable Day-1 revenue.
• Value-Add Upside: Two units are delivered vacant, allowing a new owner to immediately occupy or place new tenants at peak market rental rates without dealing with legacy leases.
• High Demand: The Highlands is one of Louisville’s most walkable and vibrant neighborhoods, ensuring a constant, high-quality tenant pool for the residential units.