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Divisible Flex Space
For Sale
$1,450,000

957 S 3rd St, Louisville, KY 40203

Adaptable commercial property combining office, showroom, and warehouse areas with a divisible configuration.

Property Size25,326 SF
Price / SF$57.25
Days on Market551

Property Features for 957 S 3rd St

General Information

Standard status Active
Size 25,326 SF
Property subtype Industrial
Zoning PD

Amenities

Water
Sewer
Listing Agency: Walter Wagner, Jr Co., LLC
Listed By: Daniel Dunlevy · License #63546
Source: Kcrea.resimplifi
Added: Feb 25, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:19PM

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 Walter Wagner, Jr Co., LLC

Investment Insights

Based on property information with market context.

This 25,326-square-foot flex property combines office, showroom, and warehouse areas in one commercial facility. The building offers 12'-16' clear span heights and four overhead doors, supporting a range of operational and storage configurations. Its divisible layout allows the property to be considered as separate sections rather than only as a single space.

The property is near I-65, Spalding College, the CBD, hospitals, Churchill Downs, and the University of Louisville. Zoning is PD, adding a defined land-use framework to the office, showroom, and warehouse configuration.

Key Highlights

  • 25,326 SF flex property with office, showroom, and warehouse areas
  • 12'-16' clear span heights
  • 4 overhead doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Storage Facility Pet Grooming Service Discount Store (Bike/Boat/Book/etc) Store Pet Store Locksmith

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

3,547
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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial property combining office, showroom, and warehouse areas with a divisible configuration.
Where is this flex space located?
The property is located at 957 S 3rd St Louisville, KY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 25,326 SF flex property with office, showroom, and warehouse areas; 12'-16' clear span heights; 4 overhead doors
More about this property
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