Office for Sale in Louisville, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Louisville, KY 40203

Description

Vibrant & Unique Office Space for Lease Near Downtown Louisville 1140 Garvin Place formerly housed a dairy operation earning it the name “The Milk Building”. Since 2016, the building was renovated into a vibrant and unique office space. Located in historic Old Louisville, this 30,148 square foot property presents a one-of-a-kind opportunity. Private offices and meeting rooms provide privacy, while several large open areas create multiple collaborative work areas. On-site amenities include a large kitchen area, a roof deck, conference room with bar and a fitness room. A total of 70 parking spaces are available at the property. Additional adjacent properties can be made available, if needed, for additional growth.

Market Context

This office in Louisville, KY is listed for sale. It has been on the market for 148 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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