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    200 5Th St Louisville, KY 40202

    For Lease
    $15 SF/Yr

    Historic Office Space, Flexible Sizes

    Lot size:
    135,497 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    First Trust Centre, located at 200 S 5th St, Louisville, KY 40202, presents a unique investment opportunity. This seven-story, Class B office building, totaling 135,497 square feet, boasts a rich history, having been built in 1885 and renovated in 1985. Its distinctive limestone façade and full-height atrium, complemented by ornate windows, create a striking and naturally lit interior. The property sits on a 0.65-acre lot and is zoned C-3. Currently 83% leased, it offers multiple tenancy options with spaces ranging from a minimum of 100 square feet to a maximum contiguous space of 5,709 square feet. This building, listed on the National Register of Historic Places, provides a stable, long-term investment within a qualified Opportunity Zone. The single building features a total of 135,497 square feet and is situated in the heart of downtown Louisville. Potential buyers will appreciate the blend of historical charm and modern functionality. The property's location offers excellent access to amenities and transportation. The building's APN is 014E00120000.

    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

    Building Details

    Year Built/Renovated
    1885/1985
    Buildings
    1
    Stories
    7

    Unit(s) available at that property

    Space
    220S
    Size
    2,890 SF
    Rate per SF
    $15
    Space
    501-3N
    Size
    5,063 SF
    Rate per SF
    $15
    Space
    700N
    Size
    5,709 SF
    Rate per SF
    $15

    HighLights

    • First Trust Centre, 200 S 5th St, Louisville, KY 40202: 135,497 SF, seven‑story Class B office building, 83% leased.
    • Located on a 0.65‑acre lot, zoned C‑3, with spaces ranging from 100 SF to 5,709 SF contiguous.
    • Historic landmark (National Register of Historic Places) with limestone façade, full‑height atrium, and ornate windows.
    • Situated in downtown Louisville's Opportunity Zone, offering excellent access to amenities and transportation.
    • APN: 014E00120000.
    Property Profile Insight Report 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 Space, Flexible Sizes
    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 $15 SF/Yr.
    What are key features of this property?
    This property features: First Trust Centre, 200 S 5th St, Louisville, KY 40202: 135,497 SF, seven-story Class B office building, 83% leased.; Located on a 0.65-acre lot, zoned C-3, with spaces ranging from 100 SF to 5,709 SF contiguous.; Historic landmark (National Register of Historic Places) with limestone façade, full-height atrium, and ornate windows.
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    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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