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500 W Broadway
Louisville, KY 40202
Office Property For Sale
Investment Highlights
- Includes a 253-space parking garage
- Ideally suited for adaptive redevelopment
- Strategically located in the Central Business District
Executive Summary
This premier downtown Louisville development opportunity offers over 7.5 acres of contiguous land within a Qualified Opportunity Zone and Qualified Census Tract. Also available is the former approximately 180,000 SF Bank of Louisville office building, and a 253-space parking garage. Strategically located in the Central Business District, this opportunity provides developers with a rare platform for a large-scale urban project, ideally suited for multifamily, hotel, mixed-use, or adaptive redevelopment. The site's scale, flexibility, and location create the opportunity to deliver a transformational project in one of Downtown Louisville's most active growth corridors. Surrounded by more than $2.5 billion in completed and planned downtown investment, this opportunity offers developers the chance to capitalize on Louisville's continued revitalization and create a signature destination in the city's urban core.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
183,024 SF
Building Class
C
Year Built
1967
Percent Leased
100%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
26,000 SF
Slab To Slab
11’
Building FAR
2.44
Lot Size
1.72 AC
Opportunity Zone
Yes
Zoning
PUD - Planned Unit Development/Mixed Use
Parking
506 Spaces (1.19 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Conferencing Facility
Property Taxes
| Parcel Number | 029B00340000 | Improvements Assessment | $2,570,270 |
| Land Assessment | $779,730 | Total Assessment | $3,350,000 |
Property Taxes
Parcel Number
029B00340000
Land Assessment
$779,730
Improvements Assessment
$2,570,270
Total Assessment
$3,350,000
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