$1,975,000
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10612 Meeting St Prospect, KY 40059
Single Family
Residence
4
Beds
4
Baths
...
Bed/Bath
5,979
Sq. Ft.
Property Activity
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Two Live/Work Buildings are for Sale as an Investment property or for an owner/user. ZONED commercial first floor with signature store fronts and rear private entrances. PLUS, two second floor apartments with attached garages. LOCATED in Norton Commons South Village Town Center, Louisville's Traditi...onal Town Development. Desirable and highly sought after development. Multi-use product and long-term flexibility, mixed use commercial and residential. Centrally Located between Springhurst, Jefferson County and Crestwood, Oldham County. Commercial ground-floor is ideal for medical or professional office or even a showroom/studio. A+ area. Stable leasing history. PROPERTY TYPE: Retail, Multifamily, Office, Mixed Use PROPERTY SUBTYPE: Creative Office, Executive Office, Traditional Office BRIEF DESCRIPRION;
COMMERCIAL: Each Building First Floor has 1,377.5 S.F. of finished commercial space, total 2,755 RSF/USF, Flex space on the first floor is a 1 car garage 316 sqft., 12-14' ceilings with drop down and sound panels. Currently combined as one for one lease lease holder (one business) open concept. Built with flexibility to use as 1 space or 2 spaces. Real Estate Taxes, Insurance/CAM/ Dumpster: Tenant to pay the prorated share of expenses.
APARTMENT/CONDO: 2 Rental Units: apartment/condo. Open concept with 2bd/2ba/1,272 SF Combined total 2,544 SF, 1 car 316 S.F. combined 632 S.F. (non conforming S.F. not included in total), 10' ceilings, luxury appointments meeting the standards of the neighborhood, attached garage for each unit and private side entrance for each unit with public parking lot in rear and on street parking in front on Meeting Street. Similar Norton Commons units rent compare $2300 -2500/mo and attached garage is an amenity that is very hard to find.
BUILDING DESCRIPTION: Approximately 5,300 S. F. of rare, stand-alone DBL building. The building is positioned with East-West exposure situated alongside professional businesses and coffee shop, across from retirement community and 3 story apartment building on Meeting Street between Norton Commons Blvd and Delphinium St. One block south from the Town Center. Large sidewalk frontage and public access to main parking lot.
Note: Each building is deeded separately, and apartments cannot be sold off as condos. Short-term rentals/VRBO's are allowed.
COMMENTS: Similar to The Waters in Pikes Road, Alabama with much more activity and the Watercolor/Cinnamon Shores type of developments. Norton Commons development concept is designed by the Seaside FL's world-renowned architect firm of DPZ CoDesign. Principals of Andres Duany and Elizabeth Plater-Zyberk designed similar and successful developments throughout the country and worldwide. https://www.dpz.com/projects/norton-commons/
Call listing agent for lease details and disclosures. Shown by appointment only. Tenant's Signage: on the front of the premises. Maintain and repair in a first-class manner. HVAC maintained with a service contract. LISTED TO SELL AS ONE BUILDING OR SELLING INDIVIDUAL BUILDING. IDEAL FOR OWNER OCCUPANT. BUILDING IS OCCUPIED. Please See MLS Number 1660902, 1668307, and 1675426
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MLS#
1660685
Property Type
Single Family
Bedrooms
4
Bathrooms
4 Full
Year Built
2015
HOA Fee
$1,974
Square Feet
5,979
sq. ft
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