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C-2 Restaurant Space with Office
For Lease
$17 SF/Yr

1143 S Shelby Street, Louisville, KY 40203

Flexible commercial suite with second-story office space and options for an as-is or whitebox delivery.

Space Size2,150 SF
Days on Market56

Property Features for 1143 S Shelby Street

General Information

Standard status Active
Size 2,150 SF
Net Rentable 2,150 SF
Property subtype Retail
Zoning C-2
Lease Type NNN

Space & Availability

Available Space 2,150 SF
Contiguous Space 2,150 SF
Sublease No

Lease Terms

Lease Rate $17 /USD/SF/YR
Monthly Rent $3,045
Rent per SF/Year $17

Amenities

Power
Sewer
Natural Gas

Spaces For Lease

at 1143 S Shelby Street Contact us

Available Space $17/Mo

Contact us
Listing Agency: Summit Commercial Group
Listed By: Raphael Collazo · License #KY-291450
Source: Kcrea.resimplifi
Added: Jul 10 Changed: Sep 3 Last Checked: Sep 2 at 2:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summit Commercial Group

Investment Insights

Based on property information with market context.

This Louisville commercial property offers restaurant-oriented space with retail flexibility and C-2 zoning. The front area encompasses approximately 2,150 SF, including a second-story office, and may be delivered in its existing condition or as a whitebox. The property size is 4,726 SF.

Located at 1143 S Shelby Street in Louisville’s Shelby Park neighborhood, the space is less than a 5-minute walk from Logan Street Market. Nook & Nowhere, Perso, and Segreto are next door on Shelby Street, while Atrium Brewing, Sweet Colada, Shahar Cafe, and a new Hammerheads concept are within walking distance on Logan Street. A planned two-way street conversion on Shelby and Logan Streets is scheduled for completion in Spring 2026.

Key Highlights

  • Approximately 2,150 SF front space with 2nd‑story office
  • 4,726 SF property size
  • C‑2 zoning supports restaurant and retail use

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Nail Salon HVAC Service Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,118
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chase Bank Shops & Services
5,864 visits/mo 0.2 miles

Demographics for 40203, KY

16,801
Population
10,754
Households
1.6
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
5,793
Density / Sq Mi
$31,430
Median Household Income
$32,581
Median Earnings
$828
Median Rent
$179,300
Median Home Value

Market

Lease Benchmarks for Louisville, KY

$20.61 /SF/Yr
Avg Asking Price
$9.09–$28 /SF/Yr
Price Range
7,435 SF
Avg Space Size

This space is priced 18% below the average of $20.61 /SF/Yr.

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Flexible commercial suite with second-story office space and options for an as-is or whitebox delivery.
Where is this conventional restaurant located?
The property is located at 1143 S Shelby Street Louisville, KY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Approximately 2,150 SF front space with 2nd‑story office; 4,726 SF property size; C‑2 zoning supports restaurant and retail use
More about this property
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