Historic Office
For Sale
$1,950,000
505 W Ormsby Ave, Louisville, KY 40203
Architecturally detailed office property with preserved Gilded Age interiors and a dedicated parking lot.
Property Size15,237 SF
Price / SF$127.98
Days on Market68
Property Features for 505 W Ormsby Ave
General Information
Standard status
Active
Size
15,237 SF
Property subtype
Office
Zoning
TNZD
Building Details
Year Built
1883
Listing Agency:
Lenihan Sotheby's Int'l Realty
(502) 899-2129
Listed By:
John Lenihan
(502) 899-2129
Source:
Kcrea.resimplifi
Added: Jun 26
Changed: Aug 31
Last Checked: Aug 31 at 1:19PM
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 Lenihan Sotheby's Int'l Realty
Investment Insights
Based on property information with market context.
Built in 1883, this historic office property at 505 W. Ormsby Avenue in Louisville encompasses approximately 15,237 square feet above grade plus a 2,588-square-foot basement on nearly one-half acre. The adjoining 419 W. Ormsby Avenue parcel adds a dedicated parking lot. Interior features include grand reception areas, original millwork, detailed fireplaces, high ceilings, sweeping staircases, and extensive natural light. Modern infrastructure supports the existing commercial configuration.
Known as the Speed Mansion, the property is currently arranged for office and educational use. TNZD zoning is in place, with future uses subject to applicable approvals. The estate is located minutes from Downtown Louisville, the Central Business District, the University of Louisville, and the city’s medical corridor.
Known as the Speed Mansion, the property is currently arranged for office and educational use. TNZD zoning is in place, with future uses subject to applicable approvals. The estate is located minutes from Downtown Louisville, the Central Business District, the University of Louisville, and the city’s medical corridor.
Key Highlights
- Approximately 15,237 SF above grade plus a 2,588‑square‑foot basement
- Built in 1883 with preserved millwork, fireplaces, staircases, and high ceilings
- Adjoining 419 W. Ormsby Avenue parcel includes a dedicated parking lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
Explore this area
Business Placement
Demographics for 40203, KY
16,801
Population
10,754
Households
1.6
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
5,793
Density / Sq Mi
$31,430
Median Household Income
$32,581
Median Earnings
$828
Median Rent
$179,300
Median Home Value
Market
Vacancy Rate% for Office in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Architecturally detailed office property with preserved Gilded Age interiors and a dedicated parking lot.
Where is this office building located?
The property is located at 505 W Ormsby Ave Louisville, KY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Approximately 15,237 SF above grade plus a 2,588‑square‑foot basement; Built in 1883 with preserved millwork, fireplaces, staircases, and high ceilings; Adjoining 419 W. Ormsby Avenue parcel includes a dedicated parking lot
