Catylist ID:
#30832331
Office Opportunity in the Heart of Downtown
Office
for Sale
| Catylist Listing ID: | 30832331 |
| Property Subtypes: | Coworking, Governmental, Institutional, Office Building |
| Building Size (RSF): | 53,760 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $3,750,000 |
| Unit Price: | $69.75 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Vacant/Owner-User |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/23/2024 |
Overview / Comments
|
This office is located on Muhammad Ali Boulevard in the heart of Downtown Louisville. The building is currently occupied by a government agency that will be vacating at the end of the year, presenting a blank canvas for an owner-user or investor. The W. Muhammad Ali Boulevard corridor is experiencing a tremendous resurgence. The building is directly adjacent to the soon-to-be renovated Starks Building, one block from the groundbreaking UofL Christina Lee Brown Envirome Institute (https://www.enviromeinstitute.com/), and only a couple blocks away from the highy-anticipated redevelopment of Louisville Gardens. The 1900 era construction boasts a historic facade. There are six 8,960 sf floor plates (including a full, mostly finished basement). It is well suited for one user or could be subdivided for multiple occupants. The time is now to invest in Downtown Louisville, and this particular area of the CBD is primed for growth and appreciation. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 014K00530000 |
| Zoning: | C-3 - Commercial District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,475 | 137,050 | 302,247 |
| Median Age: | 33.76 | 35.35 | 37.04 |
| Households: | 5,928 | 60,030 | 130,639 |
Contact
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