Leased Office
For Sale
Contact for pricing
731 E Broadway, Louisville, KY 40202
Office building with leasing in place through 7/31/2029, offered in AS IS condition.
Property Size6,704 SF
Price / SF$93.08
Days on Market136
Property Features for 731 E Broadway
General Information
Standard status
Active
Size
6,704 SF
Class
C
Total Parking Spaces
14
Property subtype
Office
Zoning
C2
Occupancy
100%
Lease Type
Modified Gross
Building Details
Year Built
1946
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
simpler.realestate
Listed By:
Paul Jordan · License #185995
Source:
Crexi
Added: Apr 23
Changed: Aug 16
Last Checked: Aug 30 at 8:16PM
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 simpler.realestate
Investment Insights
Based on property information with market context.
This office building is offered for sale in AS IS condition. The seller notes the property is located in the Flood Zone; however, they have owned it since 2006 and report they have never had flood water in the building. The property was appraised in March 2022 and is priced below the appraised value.
The building is positioned at the east end of Broadway and is described as having strong visibility going east or west.
The property is leased for five (5) years through 7/31/2029, with an average lease amount of $17.09 per square foot.
The building is positioned at the east end of Broadway and is described as having strong visibility going east or west.
The property is leased for five (5) years through 7/31/2029, with an average lease amount of $17.09 per square foot.
Key Highlights
- Office building built in 1946
- Leased for five (5) years through 7/31/2029 with average lease amount of $17.09/SF
- Seller reports no flood water in the building since owning the property (2006)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,875
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
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 - Office building with leasing in place through 7/31/2029, offered in AS IS condition.
Where is this office building located?
The property is located at 731 E Broadway Louisville, KY.
What is the asking price?
The asking price for this property is $624,000.
What are key features of this property?
This property features: Office building built in 1946; Leased for five (5) years through 7/31/2029 with average lease amount of $17.09/SF; Seller reports no flood water in the building since owning the property (2006)
