501 Broadway, Louisville, KY 40202-2209
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.
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Pendleton Michael E MD Physician
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Luddington Nicole S MD Physician
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Knight E R MD Medical School
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Garrett Brian P MD Physician
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Hu Jane B MD Medical School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3-CENTRAL BUSINESS · Louisville, KYLouisville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.