Multi-Tenant Storefront
For Sale
$3,500,000
501-507 S 3rd St, Louisville, KY 40202
C3-O-zoned commercial building with established occupancy in downtown Louisville.
Property Size50,300 SF
Price / SF$69.58
Days on Market302
Property Features for 501-507 S 3rd St
General Information
Standard status
Active
Size
50,300 SF
Property subtype
Retail
Zoning
C3-O
Site & Location
Corner Location
Yes
Highway Access
Yes
Amenities
Water
Sewer
Building Details
Year Built
1930
Buildings
1
Tenancy
Multi
Listing Agency:
Fox Realty
(502) 589-5383
Listed By:
Stephen Fox
(502) 589-5383
Source:
Kcrea.resimplifi
Added: Nov 2, 2025
Changed: Aug 29
Last Checked: Aug 29 at 3:32PM
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 Fox Realty
Investment Insights
Based on property information with market context.
Built in 1930, this 50,300-square-foot storefront property occupies a corner position at 3rd Street and Muhammad Ali in downtown Louisville. The building is zoned C3-O and has a tenant roster that includes businesses with extended occupancy histories, including some measured in decades.
The property is near I-65 and Fourth Street Live, with both vehicular and pedestrian activity in the surrounding area. The Omni Hotel & Conference Center is directly across the street, along with an open green space. The Edge on 4th, a 230-unit luxury apartment property, is one block away.
The property is near I-65 and Fourth Street Live, with both vehicular and pedestrian activity in the surrounding area. The Omni Hotel & Conference Center is directly across the street, along with an open green space. The Edge on 4th, a 230-unit luxury apartment property, is one block away.
Key Highlights
- 50,300‑square‑foot storefront property
- C3‑O zoning
- Built in 1930
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
10,389
Businesses Nearby
204k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 43%
Dining 41%
Shops & Services 13%
Groceries 2%
Louisville Marriott Downtown
Hotels & Casinos
27,211 visits/mo
0.1 miles
McDonald's
Dining
26,716 visits/mo
0.4 miles
The Old Spaghetti Factory
Dining
22,175 visits/mo
0.3 miles
Embassy Suites by Hilton Louisville Downtown
Hotels & Casinos
17,524 visits/mo
0.1 miles
Shell
Shops & Services
15,640 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - C3-O-zoned commercial building with established occupancy in downtown Louisville.
Where is this storefront property located?
The property is located at 501-507 S 3rd St Louisville, KY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 50,300‑square‑foot storefront property; C3‑O zoning; Built in 1930
