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Partially Renovated Flex Space
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1234 Rowan St, Louisville, KY 40203

Partially improved flex property with existing office area and additional space for redevelopment or expansion.

Property Size28,195 SF
Price / SF$0.00
Days on Market150

Property Features for 1234 Rowan St

General Information

Standard status Active
Size 28,195 SF
Property subtype Industrial
Zoning EZ1

Property Condition

Severity Repairs Needed
Evidence partially renovated
Listing Agency: Colliers
Listed By: Jenny Johnston · License #246944
Source: Kcrea.resimplifi
Added: Apr 5 Changed: Aug 30 Last Checked: Sep 1 at 3:20PM

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 Colliers

Investment Insights

Based on property information with market context.

This 28,195-square-foot flex property at 1234 Rowan St in Louisville includes partially renovated space configured for flexible commercial use. A second-floor area was previously used as offices, while the remaining portion is unfinished and can support redevelopment, expansion, or a revised layout. The property previously housed a Mercedes-Benz training facility operated by Jefferson Community and Technical College.

Waterfront Park West is directly across from the site, placing the property within the Portland neighborhood. Existing improvements and unfinished areas provide a combination of usable space and redevelopment potential within the current building footprint.

Key Highlights

  • 28,195‑square‑foot flex property at 1234 Rowan St, Louisville, KY 40203
  • Partially renovated interior configured as flex space
  • Second‑floor area previously used for offices

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center Skin Care Clinic Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,563
Businesses Nearby
Balanced
Demand for This Use

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

Vacancy Rate% for Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Partially improved flex property with existing office area and additional space for redevelopment or expansion.
Where is this flex space located?
The property is located at 1234 Rowan St Louisville, KY.
What are key features of this property?
This property features: 28,195‑square‑foot flex property at 1234 Rowan St, Louisville, KY 40203; Partially renovated interior configured as flex space; Second‑floor area previously used for offices
More about this property
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