First-Floor Office Unit with High
For Lease
$15 SF/Yr Modified Gross
950 S 3rd St, Louisville, KY 40203
Open-plan workspace with exposed ductwork and free parking in Louisville’s SoBro neighborhood.
Space Size3,441 SF
Days on Market58
Property Features for 950 S 3rd St
General Information
Standard status
Active
Size
3,441 SF
Net Rentable
3,441 SF
Property subtype
Office
Zoning
PD
Lease Type
Modified Gross
Space & Availability
Available Space
3,441 SF
Contiguous Space
3,441 SF
Floor
1
Space Use
Office
Additional Details
Highway Access
Yes
Amenities
free parking
high ceilings
exposed ductwork
Vacant
Spaces For Lease
at 950 S 3rd St
Available Space
$15/Mo
Listing Agency:
Hoagland Commercial
Listed By:
Tim Brown · License #210170
(502) 435-1613
Source:
Kcrea.resimplifi
Added: Aug 18
Changed: Oct 10
Last Checked: Oct 12 at 4:38PM
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 Hoagland Commercial
Investment Insights
Based on property information with market context.
This 3,441± SF first-floor office unit offers an open layout that can accommodate a range of office and commercial configurations. The space includes ceilings exceeding 12 feet and exposed ductwork, creating a bright, flexible interior with a contemporary character. Free parking is available for occupants and visitors.
The property is located at 950 S Third Street in Louisville’s SoBro neighborhood, providing a downtown setting for office, creative, showroom, and related commercial use. Its ground-level placement supports convenient access to the suite.
The property is located at 950 S Third Street in Louisville’s SoBro neighborhood, providing a downtown setting for office, creative, showroom, and related commercial use. Its ground-level placement supports convenient access to the suite.
Key Highlights
- 3,441± SF first‑floor office unit
- Ceilings exceeding 12 feet
- Open layout with exposed ductwork
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,547
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Louisville, KY
$16.4 /SF/Yr
Avg Asking Price
$1.03–$150 /SF/Yr
Price Range
45,829 SF
Avg Space Size
This space is priced 9% below the average of $16.4 /SF/Yr.
Vacancy Rate% for Office in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Open-plan workspace with exposed ductwork and free parking in Louisville’s SoBro neighborhood.
Where is this office units located?
The property is located at 950 S 3rd 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: 3,441± SF first‑floor office unit; Ceilings exceeding 12 feet; Open layout with exposed ductwork
