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    100 Market St Louisville, KY 40202

    Sponsored
    For Sale
    $2,700,000

    Prime location, high-traffic area, development potential.

    Property size:
    8,243 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property presents a lucrative investment opportunity in the heart of downtown Louisville, Kentucky. Located at the corner of 1st and Market Streets, this 0.4-acre lot boasts a strategic position near the Omni Hotel, KFC Yum! Center, and the Kentucky International Convention Center, ensuring high visibility and foot traffic. The property currently comprises two buildings totaling 8,243 square feet. The building at 100 E Market Street is a 3,627 square foot medical office space featuring a lobby, reception area, eight exam rooms, and an X-ray room. The second building, located at 209 S First Street, offers 4,616 square feet of space, currently configured as two retail showrooms with additional office space on the second floor. The property also includes a convenient parking lot. The asking price is $2,700,000, translating to $327.55 per square foot. The property is zoned C-3 - Commercial District, allowing for a wide range of development possibilities. The current lease is a Triple Net (NNN) lease with a single tenant and three years remaining. This prime location and flexible zoning make this an ideal opportunity for redevelopment or continued operation as a mixed-use property. The property's proximity to major attractions and its substantial size offer significant potential for future growth and return on investment. The Jefferson County APN is 017A02320000.

    Property Features for 100 Market St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,243 SF
    Lot Size
    17,424 SF

    HighLights

    • High‑profile corner location at 1st & Market Streets.
    • C‑3 zoning allows for diverse commercial uses.
    • 0.4‑acre site provides ample space for development or expansion.
    • Excellent location near Omni Hotel, Yum Center, and Kentucky Convention Center.
    • 3,627 SF medical office building at 100 E Market with lobby, reception, eight exam rooms, and x‑ray room.
    • 4,616 SF retail building at 209 S First Street featuring two showrooms and second‑floor offices, plus on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    DENISTS Dental Clinic Zaka U Khan, ... Pulmonologist Josephine Mei, MD Pulmonologist Yasin Muhammad MD Pulmonologist First Urology, PSC Medical Clinic

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Dental Office Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7515717
    Latitude
    38.2544316

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high-traffic area, development potential.
    Where is this mixed-use property located?
    The property is located at 100 Market St Louisville, KY.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: High-profile corner location at 1st & Market Streets.; C-3 zoning allows for diverse commercial uses.; 0.4-acre site provides ample space for development or expansion.
    Request Owner's contact information
    100 Market St 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
    100 Market St Louisville, KY 40202
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