3122 Taylor Blvd.
Louisville, KY 40215

Overview: All brick building with six retail units located at the corner of Larchmont Avenue and Taylor Boulevard.  This Center has two very long term tenants.  Your small cash investment will produce immediate owner-income, even at the current low rents.  Great cash flow and return on investment with minimal management.

 

Each unit is metered separately for electricity and tenants share in the cost of water.  Seller has just freshly painted the entire building exterior.

 

1.  Location:  The Center is located at the northeast corner of Larchmont Avenue and Taylor Boulevard.  North on Larchmont is a residential neighborhood consisting of single family residences, most of which are rentals.  On the North side of Taylor Boulevard, both East and West, are other commercial properties.  On the South side of Taylor Boulevard, catty-cornered to the Center, is Churchill Downs property.  Beyond a couple of flat parking lots are track entry Gates 1 and 17 along with a view of the twin spires.  KY Derby Museum is just beyond that.  Within a few blocks of the Center is the Papa John's Cardinal Stadium and then the University of Louisville.

 

2.  Bus:  TARC (Louisville's Bus Service) conveniently stops directly in front of the Center.  The tenants at the Center have the advantage of customers with and without personal transportation.

 

3.  Size:  Building:  3,930 sq.ft.         Lot:  5,066 sq.ft. 

 

4.  Visibility:  Each tenant has both a front and rear entrance.  Two units have their entry on Taylor Boulevard.  The other four units have their front door on Larchmont Avenue with rear doors in the parking lot.  Several tenants have chosen to make their main entry at the Pic Pac parking lot side for easy access to their shops.

 

5.  Anchor Tenants: Raceway Liquor has been a tenant for 3 years, Rose Nails has been a tenant for around 30 years.