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438 S 3rd St
Louisville, KY 40202
Office Property For Sale
Investment Highlights
- Three-story, 7,057 SF commercial building positioned in Louisville’s Central Business District
- Well-configured interior featuring open workspaces, private offices, and conference areas
- C-3 zoning supports diverse uses, including creative, office, and live/work formats
Executive Summary
438 S. 3rd Street is a 7,057 SF, three-story commercial building of prime real estate located in Louisville’s Central Business District, offering a highly functional and flexible environment for owner-users or investors. The property’s configuration supports a creative headquarters, studio office, live/work use, or short-term rental, with zoning that allows for long-term adaptability.
The interior layout is intentionally designed to balance openness and privacy, featuring expansive work areas, private glass offices, conference and meeting rooms, kitchens on multiple levels, and an outdoor patio. The building’s prior use as a creative workspace is evident in its flow and scale, making it well suited for collaboration, client engagement, and brand-forward operations.
Strategically positioned adjacent to the Omni Hotel and near a planned $12M entertainment development, the property benefits from immediate access to dining, hospitality, and structured parking next door. This offering represents a rare opportunity to acquire a downtown commercial asset with identity, flexibility, and proximity to Louisville’s most active corridors.
Key Highlights
7,057 SF three-story commercial building in the CBD
Zoned C-3, allowing office, creative, live/work, or short-term rental use
Functional mix of open areas, private offices, and conference spaces
Outdoor patio on multiple floors; Kitchenette on the third floor
Adjacent structured parking and walkable downtown location
Building Configuration
First Floor
Open workspace, two private glass offices, kitchen, two restrooms, and reception area
Second Floor
Conference room, executive office, additional office or meeting space, restroom, and patio
Third Floor
Two private offices, large meeting room, kitchen, and full bathroom
A well-located, design-driven commercial asset built for what comes next.
Broker Notes
The information in this listing was obtained from sources deemed to be reliable. The broker does not warrant or represent any information provided. Listing agent is the owner of the property.
The interior layout is intentionally designed to balance openness and privacy, featuring expansive work areas, private glass offices, conference and meeting rooms, kitchens on multiple levels, and an outdoor patio. The building’s prior use as a creative workspace is evident in its flow and scale, making it well suited for collaboration, client engagement, and brand-forward operations.
Strategically positioned adjacent to the Omni Hotel and near a planned $12M entertainment development, the property benefits from immediate access to dining, hospitality, and structured parking next door. This offering represents a rare opportunity to acquire a downtown commercial asset with identity, flexibility, and proximity to Louisville’s most active corridors.
Key Highlights
7,057 SF three-story commercial building in the CBD
Zoned C-3, allowing office, creative, live/work, or short-term rental use
Functional mix of open areas, private offices, and conference spaces
Outdoor patio on multiple floors; Kitchenette on the third floor
Adjacent structured parking and walkable downtown location
Building Configuration
First Floor
Open workspace, two private glass offices, kitchen, two restrooms, and reception area
Second Floor
Conference room, executive office, additional office or meeting space, restroom, and patio
Third Floor
Two private offices, large meeting room, kitchen, and full bathroom
A well-located, design-driven commercial asset built for what comes next.
Broker Notes
The information in this listing was obtained from sources deemed to be reliable. The broker does not warrant or represent any information provided. Listing agent is the owner of the property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,845 SF
Building Class
B
Year Built
1905
Price
$1,390,000
Price Per SF
$237.81
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,909 SF
Building FAR
2.24
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C-3 - Zoned C-3, allowing office, creative, live/work, or short-term rental use
Parking
1 Spaces (0.17 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 014K00570000 | Improvements Assessment | $923,040 |
| Land Assessment | $171,960 | Total Assessment | $1,095,000 |
Property Taxes
Parcel Number
014K00570000
Land Assessment
$171,960
Improvements Assessment
$923,040
Total Assessment
$1,095,000
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