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    539 W Market St Louisville, KY 40202

    For Sale
    $350,000

    Retail/restaurant condo in the Downtown Louisville Central Business District.

    Property size:
    1,775 SF
    Lot size:
    0.05 Acres

    Property Features for 539 W Market St

    General Information

    Size
    1,775 SF
    Lot size
    0.05 Acres

    Source: Cardinal Real Estate Agent Tim Dougherty

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

    Overview

    Downtown Retail/Restaurant Condo For Sale

    Located at the corner of Market and 6th Street in the Downtown Louisville Central Business District, this first-floor retail office condo is available for sale within the Old Portland Building. The unit, with a size of 1775 square feet, was previously utilized as a Subway restaurant. It has the potential to be converted into another restaurant or adapted for other commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chad Graham - Attorney ... Trial Attorney Neil Roy Law ... Trial Attorney Daleure Gus Skip Attorney Law Office of Angela ... Law Firm RAI Engineering Structural Engineer

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Dental Office Building Supply 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
    -85.7598947
    Latitude
    38.2558479

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    FAQs

    What type of property is this?
    Retail space - Retail/restaurant condo in the Downtown Louisville Central Business District.
    Where is this retail space located?
    The property is located at 539 W Market St Louisville, KY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - First floor retail office condo; - Located in the Downtown Louisville Central Business District at the corner of Market and 6th Street; - Formerly used as a Subway restaurant
    (502) 550-5943
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    539 W Market St Louisville, KY 40202
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    Louisville, KY 40202
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    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
    539 W Market St Louisville, KY 40202
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