1110 Logan St - Storefront Retail/Residential FOR SALE


Louisville, KY 40204- Germantown
$850,000 USD
502-817-6484
1110 Logan St, Louisville, KY for Sale
$850,000 USD
Storefront Retail/Residential - FOR SALE
1/24
null | 7.82% Cap Rate

1110 Logan St
Louisville, KY 40204
Germantown


HIGHLIGHTS

  • 3,432 SF fully renovated mixed-use building (2023 completion)
  • Ground-floor commercial space leased with 4-year term and built-in rent escalation
  • Two furnished 1BR/1BA apartments, separately metered
  • 10-space gated parking lot — rare for this submarket
  • 0.17-acre lot (7,187 SF), zoned C-2 (STR Short Term Rental eligible- buyer to verify)
  • Original construction 1950; full renovation 2023 — minimal deferred maintenance

OVERVIEW

ully renovated mixed-use investment property directly across from Louisville's iconic Logan Street Market — the city's only public market and the anchor driving Shelby Park's rapid transformation. This 3,432 SF, two-story Class A building was completed down to the studs in 2023 with high-end finishes, contemporary fixtures, and oversized windows throughout. The ground floor delivers a versatile retail/office space currently leased formally at $3,000/month and stepped to $3,500/month in March 2025 on a four-year term ending March 2029 with no rent escalations. The upper level features two separately metered, fully furnished one-bedroom/one-bathroom apartments leased at $2,000/month each, generating consistent total $4,000/month residential income. Apartment 1 lease ends December 31, 2026. Apartment 2 lease ends May 2027. The numbers work on day one: $850,000 asking price, $79,416 pro-forma NOI, and a 9.34% cap rate — with built-in upside as the commercial lease escalation takes effect and residential rents track the neighborhood's upward trajectory. This is a stabilized, income-producing asset in the path of growth — ideal for investors seeking a passive hold with upside, or owner-operators looking to run a street-level business with residential income above. The renovation quality eliminates near-term capital expenditure concerns, and the Logan Street Market adjacency provides a built-in demand driver for both tenants and future buyers. Showings by appointment: contact Rachel Friedman - Rachel@GilezanTeam.com or call 561-537-6464.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

7.82%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C2

APN/PARCEL ID

025A00430000

ASK ABOUT THIS PROPERTY

Stephanie GilezaneXp Realty, LLCMore Info
502-817-6484

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Stephanie GilezaneXp Realty, LLCMore Info
502-817-6484

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.