1905 Bardstown Rd #2 Louisville, KY 40205 Price Dropped by $300K

UPDATED: 10/01/2026 09:35 PM ON MARKET: 26 days on market

$1,000,000

1 Bath5,102 SqFt

Key Details

Property Description

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.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! 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.