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Class A Office Building
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450 S 3rd St, Louisville, KY 40202

Five-story office building in Louisville's Central Business District.

Property Size24,030 SF
Price / SF$112.36
Days on Market1070

Property Features for 450 S 3rd St

General Information

Standard status Active
Size 24,030 SF
Class A
Property subtype Office
Zoning C-3
Investment Type Owner/User

Building Details

Buildings 2
Stories 5
Listing Agency: Gant Hill & Associates LLC
Listed By: Gant Hill, CCIM · License #KY 45425
Source: Crexi
Added: Sep 25, 2023 Changed: Aug 8 Last Checked: Aug 29 at 6:02AM

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 Gant Hill & Associates LLC

Investment Insights

Based on property information with market context.

Located in downtown Louisville, Kentucky, at the corner of Third Street and Muhammad Ali Blvd, 450 S. Third Street is a five-story, Class A brick office building. The 22,500 square foot building is situated in the Central Business District, close to shopping, dining, banking, healthcare, business, arts, and entertainment. The building features an elegant lobby with premium finishes and fixtures. Each of the five floors offers floor plans of approximately 4,400 square feet, suitable for a variety of businesses, from executive to collaborative space. The property has a size of 24,030 square feet.

Key Highlights

  • Class A brick office building in the Central Business District
  • 22,500 square feet total with approximately 4,400 square feet per floor
  • Located at the corner of Third Street and Muhammad Ali Blvd in downtown Louisville, Kentucky

Property Analytics

Current Use

Poling Company Inc The Construction Company Rubin & Hays Law Firm XISOT (Bike/Boat/Book/etc) Store Juckett Christian L Law Firm Metis | Energy Solutions Production Facility

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Garden Center Clothing & Fashion Store

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

10,389
Businesses Nearby

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 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?
Office building - Five-story office building in Louisville's Central Business District.
Where is this office building located?
The property is located at 450 S 3rd St Louisville, KY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Class A brick office building in the Central Business District; 22,500 square feet total with approximately 4,400 square feet per floor; Located at the corner of Third Street and Muhammad Ali Blvd in downtown Louisville, Kentucky
(502) 515-4455 Call to check price and availability
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