401-403 Elm St Local commercial 516 m² 100 % Loué À vendre Ludlow, KY 41016 324 487 € (628,65 €/m²)

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