Significant Redevelopment Opportunity

Office for Sale
Catylist Listing ID: 30871211
Property Subtypes: Office Building
Building Size (RSF): 451,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.50 Acres
Sale Price: $7,000,000
Unit Price: $15.52 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2024

Overview / Comments

We are pleased to offer for sale a rare and significant redevelopment opportunity in Louisville’s CBD. The property is strategically located at 525 W. Broadway in Louisville, Kentucky. The former headquarters property has 451,000 sf and includes office and warehouse spaces.

Investment Highlights:
• Significant redevelopment opportunity
• Strategic location in Louisville’s CBD
• Located near proposed development projects
• Former headquarters is a landmark property

Property Highlights:
• Superb ingress and egress
• Floor sizes range from 11,896 to 52,564 sf
• 136,000 sf of warehouse available separately
• Convenient access to I-65,I-64, I-71, I-265 and I-264

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 0000SROW0000|149
Zoning: C-3 - Commercial District
Highway Access: I-65,I-64, I-71, I-265 and I-264
Airports: SDF
Number of Stories: 7
Year Built: 1947
Year Renovated: 2001
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,781 134,161 304,327
Median Age: 35.6 35.5 36.95
Households: 9,926 58,525 131,339
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