501 Broadway Louisville, KY 40202-2209
Property summary
This exceptional three-story, 86,000-square-foot medical office building, located at 501 E Broadway in Louisville, Kentucky, presents a unique investment opportunity. Built in 2002, the Class C property boasts ample parking and full-time security, ensuring a safe and convenient environment for both patients and staff. The building is comprised of five total suites, offering flexible space options ranging from a minimum of 1,000 square feet to a maximum contiguous space of 5,043 square feet. Currently, 13,081 square feet of space is available for lease. The property sits on a 0.48-acre lot and is zoned C-2, allowing for a variety of medical uses. Its prime downtown Louisville location provides excellent visibility and accessibility. The building's multiple tenancy structure offers a diverse tenant base and potential for strong rental income. This is an ideal opportunity for medical practices seeking high-quality space in a desirable location. The building features a total of ample parking spaces to accommodate tenants and their patients. The address is 501 E Broadway, Louisville, KY 40202, within Jefferson County.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Medical School
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Physician
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Medical School
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3-CENTRAL BUSINESS · Louisville, KYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C3-CENTRAL BUSINESS in Louisville, KY.
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Find the owner behind the property.
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