Mixed-Use Corner
For Sale
$3,500,000
501 S 3rd St, Louisville, KY 40202
Corner property suited to retail, restaurant, office, and specialty commercial uses in Louisville’s Central Business District.
Property Size53,276 SF
Price / SF$65.70
Days on Market29
Property Features for 501 S 3rd St
General Information
Standard status
Active
Size
53,276 SF
Property subtype
Investment
Zoning
C3
Additional Details
Corner Location
Yes
Listing Agency:
Fox Realty
(502) 589-5383
Listed By:
Stephen Fox
(502) 589-5383
Source:
Kcrea.resimplifi
Added: Jul 31
Changed: Aug 28
Last Checked: Aug 28 at 6:53AM
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.
The McDowell Building is a 53,276-square-foot mixed-use commercial property positioned at the intersection of S. 3rd Street and Muhammad Ali Boulevard. The corner configuration provides pedestrian and vehicular exposure, with zoning identified as C3. The property is described as suitable for retail, restaurant, office, and specialty commercial uses.
The building sits across from the Omni Hotel Louisville and approximately one block from 4th Street Live! TARC bus service is available at the property, while nearby parking infrastructure supports access for customers, employees, and visitors. Its downtown setting places the property among hotels, offices, conventions, dining, and entertainment venues.
The building sits across from the Omni Hotel Louisville and approximately one block from 4th Street Live! TARC bus service is available at the property, while nearby parking infrastructure supports access for customers, employees, and visitors. Its downtown setting places the property among hotels, offices, conventions, dining, and entertainment venues.
Key Highlights
- 53,276 SF mixed‑use commercial building
- C3 zoning
- Corner location at S. 3rd Street and Muhammad Ali Boulevard
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10,389
Businesses Nearby
204k
Monthly Visits Nearby
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?
Mixed-use property - Corner property suited to retail, restaurant, office, and specialty commercial uses in Louisville’s Central Business District.
Where is this mixed-use property located?
The property is located at 501 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: 53,276 SF mixed‑use commercial building; C3 zoning; Corner location at S. 3rd Street and Muhammad Ali Boulevard
