Mixed-Use Building with Finished Lower
For Lease
$8,000/Mo Modified Gross
1200 Payne St, Louisville, KY 40204
C1-zoned urban property combines office, retail, storage, garage, and furnished residential components in one building.
Space Size5,855 SF
Days on Market55
Property Features for 1200 Payne St
General Information
Standard status
Active
Size
5,855 SF
Net Rentable
5,855 SF
Property subtype
Office
Zoning
C1
Lease Type
Modified Gross
Space & Availability
Available Space
5,855 SF
Contiguous Space
5,855 SF
Space Use
Live-Work
Available From
Immediate
Site & Location
Corner Location
Yes
Highway Access
Yes
Amenities
storage and garage areas
finished lower level
furnished two-bedroom apartment
renovated restroom facilities
access control system
security camera system
Power
Water
Sewer
Natural Gas
Building Details
Year Built
1938
Building Size
5,855 SF
Tenancy
Single
Spaces For Lease
at 1200 Payne St Contact usAvailable Space $8,000/Mo
Contact us
Listing Agency:
Six Degrees Real Estate, LLC
(502) 544-7765
Listed By:
Morgan Hancock · License #270390
(502) 544-7765
Source:
Kcrea.resimplifi
Added: Jul 6
Changed: Aug 28
Last Checked: Aug 28 at 6:49AM
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 Six Degrees Real Estate, LLC
Investment Insights
Based on property information with market context.
Built in 1938, this 5,855-square-foot mixed-use property brings together street-oriented commercial areas, office space, storage, garage areas, a finished lower level, and a furnished two-bedroom apartment. The configuration supports a range of established commercial uses while providing residential space within the same building. Recent capital improvements include a new roof and gutters, HVAC system, water heater, flooring, interior and exterior paint, tuckpointing, basement waterproofing, restroom renovations, and upgraded lighting. The property also has 400-amp electrical service, access control, and security camera systems.
The building occupies a prominent corner in Louisville’s Irish Hill neighborhood, with ample street parking and convenient access to Downtown Louisville, NuLu, Butchertown, and I-64. Its C1 zoning and combination of commercial, storage, lower-level, and residential areas create a flexible leasing configuration. Immediate availability is noted.
The building occupies a prominent corner in Louisville’s Irish Hill neighborhood, with ample street parking and convenient access to Downtown Louisville, NuLu, Butchertown, and I-64. Its C1 zoning and combination of commercial, storage, lower-level, and residential areas create a flexible leasing configuration. Immediate availability is noted.
Key Highlights
- 5,855‑square‑foot mixed‑use building with office, retail, storage, lower‑level, and residential components
- Furnished two‑bedroom apartment included within the property
- Finished lower level with basement waterproofing and lighting improvements
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.46 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,897
Businesses Nearby
Explore this area
Business Placement
Demographics for 40204, KY
14,600
Population
8,759
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
97%
High-School Grad
3.2 sq mi
ZIP Area
4,563
Density / Sq Mi
$70,706
Median Household Income
$50,246
Median Earnings
$1,225
Median Rent
$314,700
Median Home Value
Market
Vacancy Rate% for Office in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C1-zoned urban property combines office, retail, storage, garage, and furnished residential components in one building.
Where is this mixed-use property located?
The property is located at 1200 Payne St Louisville, KY.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: 5,855‑square‑foot mixed‑use building with office, retail, storage, lower‑level, and residential components; Furnished two‑bedroom apartment included within the property; Finished lower level with basement waterproofing and lighting improvements
