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    200 5Th St Louisville, KY 40202

    Sponsored
    For Lease
    $15 SF/Yr

    Historic Office Building, Flexible Suites

    Lot size:
    135,497 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    First Trust Centre, located at 200 S 5th St, Louisville, KY 40202, presents a unique investment opportunity. This 135,497 square foot Class B office building, situated on a 0.65-acre lot, offers multiple tenancy options. The property, listed on the National Register of Historic Places, boasts a distinctive limestone façade, a full-height atrium, and ornate windows that flood the interior with natural light. Built in 1885, the building is zoned for commercial use (APN: 014E00120000) and currently has 19,331 square feet of vacant space available. Suites range from a minimum of 100 square feet to a maximum contiguous space of 5,072 square feet, providing flexibility for various business needs. The building is 83% leased, offering a stable, long-term investment. Its location in a Qualified Opportunity Zone further enhances its investment appeal. This prime downtown Louisville location provides excellent access to amenities and transportation. The property is ideal for businesses seeking a prestigious address in a historic landmark. The building's architectural details and abundant natural light create a unique and desirable work environment. This is a rare chance to acquire a piece of Louisville's history and a strong performing asset.

    Property Features for 200 5Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    135,497 SF
    Class
    B
    Total Rate
    169371.25

    Unit(s) available at that property

    Space
    Suite A10
    Size
    3,271 SF
    Rate per SF
    $18
    Space
    5th Floor
    Size
    5,063 SF
    Rate per SF
    $18

    HighLights

    • 135,500 SF historic office building in downtown Louisville.
    • Features a marble and brass atrium.
    • 83% leased, located in a Qualified Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jefferson County Clerk City Clerk'S Office Oyler Daniel Attorney FedEx Drop Box Mailing Service ETI Corradino Employment Agency First Trust Center Government Office

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Dental Office Auto Repair Shop Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.758734
    Latitude
    38.2552213

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Office Building, Flexible Suites
    Where is this office property / space located?
    The property is located at 200 5Th St Louisville, KY.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 135,500 SF historic office building in downtown Louisville.; Features a marble and brass atrium.; 83% leased, located in a Qualified Opportunity Zone.
    Request Owner's contact information
    200 5Th St Louisville, KY 40202
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    Louisville, KY 40202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 5Th St Louisville, KY 40202
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