Single-Story Retail
For Lease
$16 SF/Yr
248 E Market St, Louisville, KY 40202
C3-O-zoned space offers East Market exposure, signage potential, and on-site parking in downtown Louisville.
Space Size4,500 SF
Days on Market1287
Property Features for 248 E Market St
General Information
Standard status
Active
Size
4,500 SF
Net Rentable
4,500 SF
Total Parking Spaces
15
Property subtype
Retail
Zoning
C3-O
Lease Type
NNN
Space & Availability
Available Space
4,500 SF
Contiguous Space
4,500 SF
Floor
Ground
Site & Location
Neighborhood
Central Business District
Traffic Count
14,600 vehicles/day
Road Access
Yes
Amenities
Water
Sewer
Building Details
Year Built
1985
Stories
1
Building Size
4,500 SF
Spaces For Lease
at 248 E Market St
Available Space
$16/Mo
Listing Agency:
NTS Development Co.
Listed By:
Tony Fluhr
(502) 426-4800
Source:
Kcrea.resimplifi
Added: Apr 20, 2023
Changed: Oct 25
Last Checked: Oct 26 at 12:52PM
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 NTS Development Co.
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Investment Insights
Based on property information with market context.
This single-story retail space is located at 248 E Market St within the J.D. Nichols Campus for Innovation & Entrepreneurship. The building dates to 1985 and provides a retail or office configuration with signage potential along East Market Street.
The property sits in downtown Louisville near the Nulu District, with approximately 15 on-site parking spaces. A parking garage is located one block from the building, and East Market Street records average daily traffic of approximately 14,600 vehicles per day. C3-O zoning supports the property's commercial positioning.
The property sits in downtown Louisville near the Nulu District, with approximately 15 on-site parking spaces. A parking garage is located one block from the building, and East Market Street records average daily traffic of approximately 14,600 vehicles per day. C3-O zoning supports the property's commercial positioning.
Key Highlights
- C3‑O zoning
- Single‑story retail or office configuration
- Approximately 15 on‑site parking spaces
Property Analytics
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Open Analytics
Current Use
Lease Details
14,600 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
9,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 40202, KY
7,179
Population
4,242
Households
1.7
Avg Household Size
39
Median Age
27%
College-Educated
83%
High-School Grad
1.6 sq mi
ZIP Area
4,487
Density / Sq Mi
$29,382
Median Household Income
$33,205
Median Earnings
$881
Median Rent
$340,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Louisville, KY
$18.53 /SF/Yr
Avg Asking Price
$1.03–$51.27 /SF/Yr
Price Range
22,935 SF
Avg Space Size
This space is priced 14% below the average of $18.53 /SF/Yr.
Vacancy Rate% for Office in Louisville, KY
Frequently Asked Questions
What type of property is this?
Retail space - C3-O-zoned space offers East Market exposure, signage potential, and on-site parking in downtown Louisville.
Where is this retail space located?
The property is located at 248 E Market St Louisville, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: C3‑O zoning; Single‑story retail or office configuration; Approximately 15 on‑site parking spaces
