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Medical/Office Building Near UofL Hospital
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1700 Old Bluegrass Ave, Louisville, KY 40215

Well-located medical/office building near UofL Hospital, available for sale or lease.

Property Size21,286 SF
Price / SF$98.66
Days on Market199

Property Features for 1700 Old Bluegrass Ave

General Information

Standard status Active
Size 21,286 SF
Property subtype Office
Zoning CN
Lease Type Gross
Listing Agency: Hoagland Commercial Realtors
Listed By: Zachary Swanson · License #KY 76272
Source: Crexi
Added: Feb 4 Changed: Aug 11 Last Checked: Aug 20 at 9:26PM

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.

This medical/office building is strategically positioned directly across from UofL Health – UofL Hospital / Mary & Elizabeth Hospital. The property offers an opportunity for healthcare providers, professional office users, or investors seeking proximity to one of Louisville’s primary hospital campuses. The property, with a size of 21286 square feet, is available for sale or lease, providing flexibility for both owner-users and tenants. For lease opportunities, approximately 5,302 square feet is available on the 4th floor, and approximately 3,500 square feet is available on the 1st floor. There is an expansion option to accommodate users requiring up to approximately 10,604 square feet by combining floor plates. The building layout supports a variety of medical and professional office configurations, with efficient floor plates and the ability to scale for growing practices or institutional users.

Key Highlights

  • Directly across from UofL Health – UofL Hospital / Mary & Elizabeth Hospital
  • Suitable for healthcare providers, professional office users, or investors
  • Available for sale or lease

Property Analytics

Current Use

Jason W. Guin, ... Physician Martin Thomas Logsdon Physician Vanessa Magee Physician Dr. Martin T. ... Physician Family Allergy & Asthma ... Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Building Supply

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

864
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40215, KY

21,230
Population
9,070
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
79%
High-School Grad
3.5 sq mi
ZIP Area
6,066
Density / Sq Mi
$42,762
Median Household Income
$32,815
Median Earnings
$976
Median Rent
$106,500
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?
Medical Office Space - Well-located medical/office building near UofL Hospital, available for sale or lease.
Where is this medical office space located?
The property is located at 1700 Old Bluegrass Ave Louisville, KY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Directly across from UofL Health – UofL Hospital / Mary & Elizabeth Hospital; Suitable for healthcare providers, professional office users, or investors; Available for sale or lease
(502) 897-3310 Call to check price and availability
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