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Multi-Tenant Mixed-Use Property
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Pending

161 Sears Ave, Louisville, KY 40207

Commercial center with office, retail, and adaptable lower-level space in St. Matthews.

Property Size35,950 SF
Lot Size1.46 Acres
Days on Market221

Property Features for 161 Sears Ave

General Information

Standard status Pending
Size 35,950 SF
Lot size 1.46 Acres
Property subtype Mixed Use, Office, Retail
Zoning C1

Additional Details

Asking Price $2,373,700

Amenities

signage opportunities

Building Details

Building Size 35,950 SF
Tenancy Multi
Listing Agency: Hoagland Commercial Realtors
Listed By: John Hoagland Jr, CCIM · License #KY 67295
Source: Crexi
Added: Jan 21 Changed: Aug 30 Last Checked: Aug 30 at 12:13AM

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 Hoagland Commercial Realtors

Investment Insights

Based on property information with market context.

Mira Flores Center is a multi-tenant commercial property with 35,950 SF across above-grade and lower-level areas. The building contains 28,760 SF above grade and 7,190 SF below grade on a 1.4559-acre site, offering a substantial footprint for office, retail, or mixed-use occupancy. C1 zoning supports the property’s commercial positioning.

Located at 161 Sears Ave in St. Matthews, the center has access to nearby shopping, restaurants, and major thoroughfares. On-site parking and prominent signage opportunities support convenient customer and employee access while reinforcing the property’s street presence.

Key Highlights

  • 35,950 SF total, including 28,760 SF above grade and 7,190 SF lower‑level space
  • 1.4559‑acre commercial site at 161 Sears Ave, St. Matthews, KY 40207
  • Multi‑tenant property with office, retail, and mixed‑use application

Property Analytics

Current Use

The Marian Center, Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Storage Facility

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,748
Businesses Nearby

Demographics for 40207, KY

30,104
Population
14,507
Households
2.1
Avg Household Size
43
Median Age
68%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
2,573
Density / Sq Mi
$98,583
Median Household Income
$59,242
Median Earnings
$1,248
Median Rent
$401,500
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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial center with office, retail, and adaptable lower-level space in St. Matthews.
Where is this mixed-use property located?
The property is located at 161 Sears Ave Louisville, KY.
What is the asking price?
The asking price for this property is $2,372,700.
What are key features of this property?
This property features: 35,950 SF total, including 28,760 SF above grade and 7,190 SF lower‑level space; 1.4559‑acre commercial site at 161 Sears Ave, St. Matthews, KY 40207; Multi‑tenant property with office, retail, and mixed‑use application
(502) 897-3310 Call to check price and availability
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