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525 W Broadway 579,000 SF Industrial Building Louisville, KY 40202 $6,350,000 ($10.97/SF)
INVESTMENT HIGHLIGHTS
- • Ceiling Heights: 20’–70’
- • Zoning: C-3, with Opportunity Zone benefits
- • Cooling & Heating: Two non-operational chillers, cooling tower, and multiple air handler systems
- • Dock Access: 5 dock doors with levelers and seals (9’x10’)
- • Fire Suppression: Wet-pipe automatic sprinklers
- • Parking: Ample space with adjacent surface lots and additional parking on Broadway
EXECUTIVE SUMMARY
This property’s 579,000 SF warehouse/office hybrid was originally developed and is recognized as the former home of the Courier Journal newspaper production facility. This complex now offers a standalone 7.5-acre parcel with immense flexibility.
Situated in the heart of Louisville’s Central Business District, the Courier Journal property represents one of the most significant redevelopment opportunities in the city—an iconic Broadway assemblage positioned near $1.1 billion in planned projects across the CBD. This site is structurally and strategically poised for the future. Note: This building will be effectively vacant starting in October 2025.
Spanning over 579,000 square feet, including 98,140 SF of lower-level space, the property offers a rare combination of scale, flexibility, and structural integrity. The art deco former office building provides a robust physical infrastructure, offering a solid foundation for conversion to a range of adaptive reuses, while the adjoining warehouse areas can continue to serve industrial needs or be redeveloped for alternate functions. Thanks to its flexible zoning, strategic location, and massive floorplates, the property is ideally suited for repurposing into a wide range of high-value uses, including:
• Data Center – Supported by Tier 2-compatible architecture and extraordinary electric capacity
• Film Production Studio – A proven on-camera location within a state offering up to 35% in refundable tax credits
• Advanced Manufacturing Facility – Ideal for scalable production with 20–70 ft ceiling heights and dock access
• Urban Logistics Hub – Proximity to major interstates and UPS Worldport enhances last-mile capabilities
• Mixed-Use Redevelopment – Convert historic components into a blend of office, residential, hospitality, or cultural space
• Ceiling Heights: 20’–70’
• Dock Access: 5 dock doors with levelers and seals (9’x10’)
• Zoning: C-3, with Opportunity Zone benefits
• Fire Suppression: Wet-pipe automatic sprinklers
• Cooling & Heating: Two non-operational chillers, cooling tower, and multiple air handler systems
• Structural Integrity: Reinforced concrete slab and steel joist framing
• Parking: Ample space with adjacent surface lots and additional parking on Broadway
.
Situated in the heart of Louisville’s Central Business District, the Courier Journal property represents one of the most significant redevelopment opportunities in the city—an iconic Broadway assemblage positioned near $1.1 billion in planned projects across the CBD. This site is structurally and strategically poised for the future. Note: This building will be effectively vacant starting in October 2025.
Spanning over 579,000 square feet, including 98,140 SF of lower-level space, the property offers a rare combination of scale, flexibility, and structural integrity. The art deco former office building provides a robust physical infrastructure, offering a solid foundation for conversion to a range of adaptive reuses, while the adjoining warehouse areas can continue to serve industrial needs or be redeveloped for alternate functions. Thanks to its flexible zoning, strategic location, and massive floorplates, the property is ideally suited for repurposing into a wide range of high-value uses, including:
• Data Center – Supported by Tier 2-compatible architecture and extraordinary electric capacity
• Film Production Studio – A proven on-camera location within a state offering up to 35% in refundable tax credits
• Advanced Manufacturing Facility – Ideal for scalable production with 20–70 ft ceiling heights and dock access
• Urban Logistics Hub – Proximity to major interstates and UPS Worldport enhances last-mile capabilities
• Mixed-Use Redevelopment – Convert historic components into a blend of office, residential, hospitality, or cultural space
• Ceiling Heights: 20’–70’
• Dock Access: 5 dock doors with levelers and seals (9’x10’)
• Zoning: C-3, with Opportunity Zone benefits
• Fire Suppression: Wet-pipe automatic sprinklers
• Cooling & Heating: Two non-operational chillers, cooling tower, and multiple air handler systems
• Structural Integrity: Reinforced concrete slab and steel joist framing
• Parking: Ample space with adjacent surface lots and additional parking on Broadway
.
PROPERTY FACTS
| Price | $6,350,000 | No. Stories | 7 |
| Price Per SF | $10.97 | Year Built | 1947 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.15/1,000 SF |
| Rentable Building Area | 579,000 SF | Opportunity Zone |
Yes
|
| Zoning | C3 - Commercial with Opportunity Zone benefits | ||
| Price | $6,350,000 |
| Price Per SF | $10.97 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Rentable Building Area | 579,000 SF |
| No. Stories | 7 |
| Year Built | 1947 |
| Tenancy | Single |
| Parking Ratio | 0.15/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C3 - Commercial with Opportunity Zone benefits |
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $10,077,610 | |
| Land Assessment | $5,643,140 | Total Assessment | $15,720,750 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,643,140
Improvements Assessment
$10,077,610
Total Assessment
$15,720,750
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525 W Broadway
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