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    2400 Main St Louisville, KY 40212

    For Sale
    $1,960,000

    140,000 SF Warehouse, Prime Location

    Property size:
    140,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 140,000-square-foot warehouse, situated at 2400 West Main Street in Louisville, Kentucky, presents a compelling investment opportunity. Originally constructed in 1898 as a tobacco processing facility, this single-tenant property boasts a rich history and currently houses a diverse mix of tenants. The property includes both 2400 and 2418 West Main Street, encompassing a total of 140,000 square feet across multiple buildings. The warehouse features a convenient main street drive-in loading bay, three overhead door openings, and two freight elevators (one currently operational). High ceilings, ranging from 12 to 14 feet, and a column spacing of 14' x 22'6", provide ample space for various uses. The property is equipped with a sprinkler system and benefits from heat in the first-floor offices. Its strategic location offers easy access to downtown Louisville (five minutes), I-64 (three minutes), and SDF Airport (16 minutes). The property sits on a 0.1-acre lot and is zoned C1, offering flexibility for a variety of commercial uses. The asking price is $1,960,000, translating to $14 per square foot. This is a rare chance to acquire a substantial warehouse in a thriving Kentucky location.

    Property Features for 2400 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    140,000 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1898
    Buildings
    1
    Stories
    1

    HighLights

    • 140,000 SF warehouse on 0.1‑acre lot at 2400 & 2418 West Main Street, Louisville, KY.
    • Main street drive‑in loading bay.
    • Three overhead doors.
    • Two freight elevators (one operational).
    • 12‑14' ceilings with 14' x 22'6" column spacing.
    • Heated first‑floor offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tax Service Express Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -85.789911
    Latitude
    38.259924

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    FAQs

    What type of property is this?
    Distribution property - 140,000 SF Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 2400 Main St Louisville, KY.
    What is the asking price?
    The asking price for this property is $1,960,000.
    What are key features of this property?
    This property features: 140,000 SF warehouse on 0.1-acre lot at 2400 & 2418 West Main Street, Louisville, KY.; Main street drive-in loading bay.; Three overhead doors.
    Request Owner's contact information
    2400 Main St Louisville, KY 40212
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    Louisville, KY 40212
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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
    2400 Main St Louisville, KY 40212
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