525 Broadway, Louisville, KY 40202-2206
This exceptional Louisville, KY property at 525 W. Broadway offers 451,000 square feet of office and warehouse space on a 3.5-acre lot. The asking price is $4,000,000, significantly reduced from $7,000,000, presenting a compelling redevelopment opportunity. Located in the Central Business District (CBD), this former headquarters building boasts superb ingress and egress, with floor sizes ranging from 11,896 to 52,564 square feet. A separate 136,000-square-foot warehouse is also available. The property is zoned C-3 and enjoys convenient access to major interstates, including I-65, I-64, I-71, I-265, and I-264. This presents a rare chance to acquire a substantial property in a prime Louisville location. An adjacent warehouse at 667 Armory Place is also available for purchase, expanding the potential of this already significant offering. The combined purchase price for both properties is $7,000,000, a substantial reduction from the original $13,250,000. This is a unique opportunity for investors seeking a large-scale project in a thriving urban core.
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Union Station Tour Operator
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CJ Media Marketing & Advertising Advertising Agency
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.