First-Floor Office
545 South 3rd Street, Louisville, KY 40202
For Lease
Contact for pricing
Recently renovated premises combine Class A finishes with the character of a historic downtown property.
Space Size14,465 SF
Days on Market25
Property Features for 545 South 3rd Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Floor
Amenities
attached parking garage
Spaces For Lease
at 545 South 3rd Street
Suite 1
Active
Size
14,465 SF
Listing Agency:
Berkshire Hathaway HomeServices Parks & Weisberg, Realtors Louisville
Listed By:
Michael Kearns, CCIM · License KY #78847
(502) 802-6044
Source:
Crexi
Added: Oct 17
Changed: Nov 8
Last Checked: Nov 10 at 6:01AM
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 Berkshire Hathaway HomeServices Parks & Weisberg, Realtors Louisville
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office premises occupy the ground level of the Madrid Building, a historic property in Louisville’s Central Business District. Recent renovation and Class A finishes shape the space, and an attached parking garage serves the building.
The downtown setting places the property among offices, hotels, restaurants, and civic destinations.
The downtown setting places the property among offices, hotels, restaurants, and civic destinations.
Key Highlights
- Recently renovated first‑floor office premises
- Class A finishes
- Attached parking garage
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Louisville, KY
$16.88 /SF/Yr
Avg Asking Price
$1.03–$150 /SF/Yr
Price Range
47,028 SF
Avg Space Size
Average Price Trend$/SF/Yr for Office Units in Louisville, KY
Properties on Market for Office Units in Louisville
Vacancy Rate% for Office in Louisville, KY
Frequently Asked Questions
What type of property is this?
Office unit - Recently renovated premises combine Class A finishes with the character of a historic downtown property.
Where is this office unit located?
The property is located at 545 South 3rd Street Louisville, KY.
What are key features of this property?
This property features: Recently renovated first‑floor office premises; Class A finishes; Attached parking garage
