Commercial Redevelopment Opportunity 1433-1435 S Shelby St 26,394 SF Vacant Industrial Building Louisville, KY 40217 $1,540,000 ($58.35/SF)

This is a rare opportunity to purchase or lease a highly flexible, large-scale property in the heart of the Louisville metro area, positioned between the vibrant Germantown and Schnitzelburg neighborhoods.
The property features over 26,000 square feet of adaptable space, currently operating as an event venue and artist workshop hub. The offering also includes a small house on-site, providing additional flexibility for office, residential, or potential for more parking. The building contains a significant amount of three phase power and is sprinkled (fully monitored).
Zoned CM, the building supports a variety of commercial and light industrial/warehouse uses. For investors, owner-users, or creative developers, this property presents a true blank canvas—ideal for a large-scale concept in one of the city’s most desirable urban submarkets just minutes from downtown.
Situated on a prominent corner lot, the location benefits from exceptional visibility and accessibility. The surrounding submarket is mature, historic, and culturally rich, featuring a dense concentration of character-filled homes, locally owned restaurants, and walkable retail amenities that continue to drive strong neighborhood demand. This is a unique chance to secure scale, character, and location in one of Louisville’s most established and sought-after districts.