10612 Meeting St, Prospect, KY 40059

$2,250,000

Two Live/Work Buildings are for Sale as an Investment property or for an owner/user. ZONED commercial first floor with signature store fronts and rear private entrances. PLUS, two second floor apartments with attached garages. LOCATED in Norton Commons South Village Town Center, Louisville's Traditional Town Development. Desirable and highly sought… Read More 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 medical or professional office or even a showroom/studio. A+ area. Stable leasing history. PROPERTY TYPE: Retail, Multifamily, Office, Mixed Use PROPERTY SUBTYPE: Creative Office, Executive Office, Traditional Office ***THE MLS ROOM REMARKS ARE FOR ONLY ONE APARTMENT. AND BRIEF COMMERCIAL *** COMMERCIAL: Each Building has 1,272 SF of finished commercial space, total 2,755 RSF/USF, 12-14' ceilings with drop down and sound panels. Built with flexibility to use as 1 space or 2 spaces. Real Estate Taxes, Insurance/CAM/ Dumpster: Tenant to pay the prorated share of expenses. APARTMENT/CONDO: 2 Rental Units: apartment/condo. Open concept with 2bd/2ba/1,272 SF Combined total 2,544 SF, 10' ceilings, luxury appointments meeting the standards of the neighborhood, 1 car 316sqft, attached garage for each unit and private rear entrance with parking lot in rear and on street parking in front on Meeting Street. Similar units rent compare $2300 -2500/mo and attached garages are very hard to find. BUILDING DESCRIPTION: Approximately 5,300 S. F. of rare, stand-alone building. 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: Each building is deeded separately, and apartments cannot be sold off as condos. Short-term rentals/VRBO's are allowed. LOT: Each lot is 100.84 X 24.01 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. LISTED TO SELL AS DOUBLE BUILDINGS; Call to discuss purchasing individual building MLS #1668307. BUILDINGS ARE IDEAL FOR OWNER-OCCUPANT. BUILDING IS CURRENTLY OCCUPIED. Read Less

Courtesy of Colleen E Walker, EXP Realty LLC.

Listing Snapshot

Days Online

243

Last Updated

Jan 13, 2025

Property Type

Apartment

Square Ft.

2,544

Lot Size

0.11 Acres

Year Built

2015

MLS Number

1660902

30 Days Snapshot Of 40059

$598k

-8%

(avg) sold price

-35%

homes sold

102

+15%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Architectural Style: "Traditional", Building Area Source: Appraiser, Building Area Total: 2,544, Building Features: "Pool", "Playground", Construction Materials: "Wood Frame", "Fiber Cement", Living Area: 2,544, Number Of Units Total: 4, Year Built: 2015

Cooling

Cooling Included, Cooling: "Central Air"

Exterior Features

Features: "See Remarks"

Garage

Garage Included, 2 garage spaces

Heating

Heating: "Forced Air", "Natural Gas", Heating Included

Home Owner's Association

Association Amenities: "Other", Association Fee: $1,060, Home Owners Association

Lot

Features: "Covt/Restr", "Sidewalk", "See Remarks", 0.11 acres, Area: 4800, Dimensions: 100.84X24.01, 4,800 square feet

Owner Pays

Owner Pays: "See Remarks"

Property

Parcel Number: 372503170000, Property Sub Type: Apartment

Roof

Roof: "Shingle"

Taxes

Tax Lot: 0

Tenant Pays

Tenant Pays: "See Remarks", "Water", "Trash Removal", "Sewer", "Gas", "Electric", "Cable"

Utilities

Utilities: "City Sewer", "City Water", "Electricity Connected", "Fuel:Natural"

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