Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    209 S 5Th St Louisville, KY 40202

    For Sale
    $750,000

    9,360 SF office/residential building in downtown Louisville for sale.

    Property size:
    9,360 SF

    Property Features for 209 S 5Th St

    General Information

    Size
    9,360 SF

    Building Details

    Year built
    1878

    Source: Bill Menish Agent Bill Menish

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Louisville Office/Residential Building

    Located in downtown Louisville, Kentucky, this property offers up to 9,360 square feet of space. It features building naming rights on the exterior. The property is suitable for owner-occupants or investors. The second floor is ready to rent as a luxury apartment. The additional three floors have potential uses such as additional apartments, a law office, or retail space. A newer elevator, which cost $250,000, is present. The top floor is ready for an apartment tenant. The property is located in the city's business district, near dining options such as Proof on Main and Mesh, as well as attractions like the Louisville Slugger Museum & Factory and the Kentucky International Convention Center. The zoning is C3.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Dental Office Auto Repair Shop Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7583378
    Latitude
    38.2550149

    Nearby Similar for Sale

    • New
      $415,000
      3,051 SF

      Turnkey Furnished Duplex in Louisville

      Updated, furnished duplex operating as a short-term rental in Beechmont.
      4739 S 3Rd St, Louisville, KY 40214
      View Details
    • New
      $753,027
      3,150 SF

      Residential Farm with Tranquil Setting

      6.69 acre residential farm with pond and wooded privacy.
      14010 Echo Hill Trl, Louisville, KY 40299
      View Details
    • $250,000
      5,446 SF

      Victorian Multi-Family Building in Louisville

      Spacious three-story Victorian multi-family building with fireplaces.
      Louisville, KY 40203
      View Details
    • $600,000
      3,883 SF

      Historic Highlands Triplex Opportunity

      Charming triplex in Louisville's desirable Highlands/Parkside corridor.
      2073 Sherwood Ave, Louisville, KY 40205
      View Details
    • $700,000
      3,731 SF

      Commercially Zoned Rental Property

      Income-producing property in a prime location near downtown Louisville.
      320 E College St, Louisville, KY 40203
      View Details
    • New
      $899,000
      Pending

      Versatile NULU Investment Opportunity

      Duplex/triplex/quadplex or SFR combo in the heart of NULU.
      902 E Jefferson St, Louisville, KY 40206
      View Details

    FAQs

    What type of property is this?
    Office building - 9,360 SF office/residential building in downtown Louisville for sale.
    Where is this office building located?
    The property is located at 209 S 5Th St Louisville, KY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Prime downtown Louisville location in the heart of the business district.; - Significant price reduction: Sells to the highest bidder at or above $750,000 (previously listed at $1,475,000).; - Mixed-use potential: Top floor ready for apartment tenant, with additional floors suitable for apartments, office, or retail.
    (502) 939-0399
    Request Owner's contact information
    209 S 5Th St Louisville, KY 40202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    209 S 5Th St
    Louisville, KY 40202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    209 S 5Th St Louisville, KY 40202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.