A Potential Canvas for Hospitality and Multiple Redevelopment Options

Office for Sale
Catylist Listing ID: 30465816
Property Subtypes: Executive Suites, Medical, Mixed Use, Office Building
Building Size (RSF): 65,000 SF
Sale Price: $6,500,000
Unit Price: $100 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: 222 Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2024

Overview / Comments

Welcome to 222 S. First Street! Take a look! This beautifully renovated office building located in the heart of downtown Louisville is available for sale. Located blocks from the KFC Yum center, the Convention Center, Omni Hotel, Whiskey Row and so much more. There is easy access to a city-owned parking garage located behind the building.

The canvas for potential hospitality and multiple other redevelopment ventures is expanded with the property adjacent to 222 S. First Street now available - 113 West Jefferson Street, at the corner of 1st Street and Jefferson, offered by PRG Commercial Property Advisors. https://www.kcrea.com/listing/30861558

. 65,000 s.f.+/-
. Beautifully renovated
. Several spaces available from 1,200 to 4,100 s.f.
. C-3 Allows for a variety of business uses
. Soaring atrium with Euro-Chic design
. A fine roster of active tenants
. City-owned parking garage directly behind the building
. Near to goods, services, restaurants, fine arts, entertainment, healthcare
and more.

So well situated near the heart of the Central Business District and the attractions listed above, this property could be a great reposition to hospitality or multifamily.

As a multi-tenant office asset, once you are welcomed by the Euro-chic atrium/lobby, you will find each available space is a unique canvas, ready to welcome businesses seeking collaborative, or more private, formal business environments.

See additional links to resources supporting economic development, business development resources, information about goods services and amenities that are available in and about the Central Business District in downtown Louisville.

Call us today for details, questions and/or to schedule a tour!

All information provided, including attachments are for general review purposes only, subject to errors, omissions, updates and revisions without notice, all subject to review and verification by any potential purchaser or tenant.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 017A02900000
Zoning: C-3 - Commercial District
Property Located Between: On 1st between Market and Jefferson
Property Visibility: Excellent
Airports: Louisville International
Total Number of Buildings: 1
Number of Stories: 6
Year Built: 1922
Roof Type: Flat
Construction/Siding: Brick
Passenger Elevators: 3
Sprinklers: Wet
Heat Type: Natural Gas
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,626 134,035 305,218
Median Age: 34.67 35.3 37.16
Households: 6,200 59,413 132,004
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