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Freestanding Restaurant Building
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321 S 5th Street, Louisville, KY 40202

Freestanding 2,200+ SF restaurant building at a signalized intersection with high nearby daytime employee population.

Property Size2,200 SF
Days on Market4

Property Features for 321 S 5th Street

General Information

Standard status Active
Size 2,200 SF
Net Rentable 2,200 SF
Property subtype RETAIL

Space & Availability

Available Space 2,200 SF
Contiguous Space 2,200 SF
Space Use Restaurant

Additional Details

Road Access Yes

Building Details

Building Size 2,200 SF
Listing Agency: CBRE Inc.
Listed By: Clay Hunt · License #KY 71469
Source: Moodyscre
Added: Jul 29 Changed: Jul 31 Last Checked: Jul 31 at 5:50AM

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 CBRE Inc.

Investment Insights

Based on property information with market context.

Freestanding restaurant building offering 2,200+/- square feet of space. This location is positioned to support a restaurant operation that benefits from pedestrian activity and daytime foot traffic.

The property is located at the signalized intersection of S. 5th & Liberty Streets in Louisville. It is within walking distance of the Kentucky International Convention Center, KFC Yum Center Arena, 4th Street Live, and numerous hotels and theaters.

The surrounding area also generates strong weekday presence, with over 104,000 employees within a one-mile radius, which can support consistent daytime demand for food and beverage concepts.

Key Highlights

  • Freestanding restaurant building with 2,200+/- SF
  • Signalized intersection location
  • Within walking distance of Kentucky International Convention Center

Property Analytics

Current Use

ED Health Consulting Physician Top Bad Credit ... Loan Service

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Clothing & Fashion Store Buffet Supermarket

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,656
Businesses Nearby
157k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 58% Dining 26% Shops & Services 14% Groceries 2%
Louisville Marriott Downtown Hotels & Casinos
27,211 visits/mo 0.2 miles
The Old Spaghetti Factory Dining
22,175 visits/mo 0.2 miles
Embassy Suites by Hilton Louisville Downtown Hotels & Casinos
17,524 visits/mo 0.2 miles
Shell Shops & Services
15,640 visits/mo 0.3 miles
White Castle Dining
15,549 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
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Similar Off Market Nearby

  • Norton Hospital Cafeteria — 200 E Chestnut St, Louisville, KY 40202

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding 2,200+ SF restaurant building at a signalized intersection with high nearby daytime employee population.
Where is this conventional restaurant located?
The property is located at 321 S 5th Street Louisville, KY.
What are key features of this property?
This property features: Freestanding restaurant building with 2,200+/- SF; Signalized intersection location; Within walking distance of Kentucky International Convention Center
(502) 544-3698 Call to check price and availability
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