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IMPROVED PRICE. One Live/Work Building for Sale USE as an Investment property inquire for market cap rate or for an owner/user. ZONED commercial first floor with signature store front and rear private entrance. PLUS, second floor apartment with attached 1 car garage. LOCATED in Norton Commons South Village Town Center, Louisville's Traditional 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 owner occupant, medical or professional office or even a showroom/studio. A+ area. Stable leasing history. PROPERTY TYPE: Retail, Multifamily, Office, Mixed Use PROPERTY SUBTYPE: Cre Creative Office, Executive Office, Traditional. Office More...COMMERCIAL: Building has 1,377.5 S.F. of finished commercial space, RSF/USF, 12-14' ceilings with drop down and sound panels. Ready for your tenant. FRONT APPROX 20'w X 40'L OR 800 S.F. APARTMENT/CONDO: INCOME PRODUCING; Rental Unit: apartment/condo. Open concept with 2bd/2ba/1,272 SF with 10' ceilings, luxury appointments meeting the standards of the neighborhood, 1 car 316 S.F. (non-conforming S.F. not included in total), attached garage for each unit and private rear entrance with public parking lot in rear and on street parking in front on Meeting Street. $2450/MO 2 YR lease. Similar units rent compare $2300 -2500/mo and with attached garage are very hard to find. BUILDING DESCRIPTION: Approximately 2,655 S. F. 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: building is deeded separately, and apartment 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. IDEAL FOR OWNER OCCUPANT. COMMERCIAL SPACE IS VACANT AND READY FOR OWNERS OR TENANT.
| DAYS ON MARKET | 339 | LAST UPDATED | 4/15/2025 |
|---|---|---|---|
| TRACT | NORTON COMMONS | YEAR BUILT | 2015 |
| COMMUNITY | 09-Anchrg/Glnvw/Lyndn/Prospct | GARAGE SPACES | 1.0 |
| COUNTY | Jefferson | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Jan 13, '25 | $1,125,000 |
|---|---|
| Jan 13, '25 - Jan 23, '25 | $1,100,000 |
| Jan 23, '25 - Apr 15, '25 | $899,000 |
| Apr 15, '25 - Today | $789,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 09-Anchrg/Glnvw/Lyndn/Prospct |
| BASEMENT | None |
| CONSTRUCTION | Cement Siding |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air, Natural Gas, None |
| HOA DUES | 1974 |
| LOT | 0 |
| LOT DESCRIPTION | Level, See Remarks |
| PARKING | On Street, Off Street, Attached, See Remarks |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | NORTON COMMONS |
| UTILITIES | Natural Gas Available, Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Data last updated: 4/19/25 9:12 AM PDT
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