Office for Sale in Louisville, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Louisville, KY 40243
  • Year built: 1946

Description

This property is located along Shelbyville Rd in the highly desirable Middletown submarket, surrounded by numerous national and local retailers. The area boasts strong demographics, with a population of approximately 52,600, a median household income of $92,000, and over 71,000 daytime employees within a three-mile radius, making it a prime location for sustained tenant demand and visibility. Investment Highlights: • Located on 0.52 Acres at a Four-Way Stoplight Intersection with Approximately 42,000 Vehicles Per Day. • Includes Two Separate Structures, Allowing for Multi-Tenant Use, Owner-User Flexibility, or Income-Producing Investment Strategy. • Situated in the Heart of the Highly Desirable Middletown Submarket Along Shelbyville Road—One of Louisville's Primary Retail Corridors with Strong Daily Traffic Counts and Visibility.

Market Context

This office in Louisville, KY is listed for sale. The building dates to 1946. It has been on the market for 68 days. Compare it against other office listings for sale in Louisville, KY — <a href="/search/sale/office/kentucky/louisville">view the full market</a>.

As of Q4 2022, the Louisville office market showed a 21.6% vacancy rate, and average asking rents near $18.00/SF/yr. Source: Cushman & Wakefield Q4 2022 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Louisville office market tightening or softening?
Vacancy is around 21.6% (Q4 2022).

Unified Estimate

Very Low Confidence

$15.17/SF – $20.52/SF

Mid: $17.84/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market columbia (similarity: 100%) with 5 comparable listings.

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