For Sale

2nd Gen Salon: Cosmetology Nails, Hair, IV, Massage & 3 Apts

1905 Bardstown Rd | Louisville, KY 40205-1546, US

price$900,000
property typeCommercial Sale
year built1920

highlights

•MOTIVATED SELLER! BRING ALL OFFERS. Beautiful salon, spa, nails, hair, IV rooms, massage rooms and 3 apartments. 1 Apartment is rented annually for $1,275 monthly June 1, 2026 til May 31, 2027. This can be an Air BnB or Medical use property.
•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.

property
details

STATUSActive
SALE PRICE PER UNIT$900,000
YEAR BUILT1920
PROPERTY TYPECommercial Sale
BUILDING SIZE5,102 SF
LOT SIZE0.1762 acres
CAP RATE0.14%
SALE PRICE$900,000
STORIES2
ZONINGOR1
DAYS ON MARKET29

property
description

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.​

location
description

1905 Bardstown Rd | Louisville, KY 40205-1546, US

Louisville, Kentucky

Sam Griffin, CCIM, CBI, NACREP

Sam Griffin, CCIM, CBI, NACREP

KY #207824
(502) 640-3622

Request More Info

Share To Social