401-403 Elm St - Storefront Retail/Residential FOR SALE


Ludlow, KY 41016
$375,000 USD
859-393-1140
401-403 Elm St, Ludlow, KY for Sale
$375,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

NEW


401-403 Elm St
Ludlow, KY 41016


HIGHLIGHTS

  • Mixed-use layout: Retail storefronts on the ground floor with residential units above
  • Partially renovated: New roof, windows, and additional improvements already completed
  • Large corner footprint with great street presence and natural light
  • Separate rear building included – ideal for additional rental income or creative use (workshop, studio, or office)
  • Separate utilities for main and bonus building

OVERVIEW

A rare opportunity in the heart of Ludlow! 401–403 Elm St is a classic corner property offering both retail and residential possibilities with exceptional visibility and flexibility. This two-story mixed-use building spans over 5,500 square feet and sits on a 0.11-acre lot in a thriving, walkable neighborhood just minutes from downtown Cincinnati.Includes Bonus Building with Separate Utilities Improvements: New roof and windows and exterior paint 2018 (needs exterior paint) First floor $25K upgrades to storefront complete drywall and paint 2024 wiring, lights, ceiling fans, outlets, switches 2024 plumbing for first floor bathroom 2024 Second floor 2 furnished airbnb apartnebts (1 efficient, 1 - 1-brm) New mini split in efficiency 2024 Ready for rehab and development, restaurant, retail, etc. Bonis building in back with separate address 106 Kenner. Has utilities. Property Highlights: Mixed-use layout: Retail storefronts on the ground floor with residential units above Partially renovated: New roof, windows, and additional improvements already completed Large corner footprint with great street presence and natural light Separate rear building included – ideal for additional rental income or creative use (workshop, studio, or office) Separate utilities for main and bonus building Ideal Uses: Retail shops, cafés, gallery, salon Upper-level apartments or short-term rentals Live-work setup or small business headquarters Location Highlights: Strategically located at a lighted intersection for high visibility Surrounded by well-loved local businesses and the historic charm of Ludlow Quick access to Covington and downtown Cincinnati

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

Mixed-Use

APN/PARCEL ID

026-33-07-008.00

ASK ABOUT THIS PROPERTY

Tracy WarnerCURO BRKGMore Info
859-393-1140

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Tracy WarnerCURO BRKGMore Info
859-393-1140

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