Louisville, KY Commercial Real Estate for Lease and Sale

Explore 367 listings of Louisville commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

500W

500 West Jefferson Street, Louisville Central Business District, Louisville, KY
Property

Office

556,042 SF
Availability

17 Spaces

282,263 SF
Year Built

1971
For Lease Contact for pricing
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Brown & Williamson Tower

401 South 4th Street, Louisville Central Business District, Louisville, KY
Property

Office

346,213 SF
Availability

14 Spaces

158,405 SF
Year Built

1982
For Lease

$17.50 - $21.00/SF/YR
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Versatile Medical Office in Prime Location

2000 South Hurstbourne Parkway, Hurstbourne Acres, Louisville, KY
Property

Office

8,000 SF
Year Built

1988
For Sale

$3,750,000
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Aegon Center

400 West Market Street, Louisville Central Business District, Louisville, KY
Property

Office

633,650 SF
Availability

13 Spaces

159,120 SF
Year Built

1993
For Lease

$19.00 - $24.00/SF/YR
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1235 E Oak St

1235 E Oak St, Germantown, Louisville, KY
Property

Office

1,450 SF
Availability Contact for availability
Year Built

1950
For Lease Contact for pricing
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3615/3701 Kramers Lane

3615 Kramers Ln, Vogt, Louisville, KY
Property

Industrial

48,059 SF
Availability

1 Space

48,059 SF
Year Built

1976
For Lease Contact for pricing
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Short Term Lease in the Heart of St. Matthews

3795 Lexington Rd, Rockcreek Lexington, Louisville, KY
Property

Retail

2,849 SF
Availability

1 Space

2,849 SF
Year Built

1938
For Lease Contact for pricing
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Office Condo for Sale or for Lease

7508 New La Grange Rd Ste 2, Norwood, Louisville, KY
Property

Office

951 SF
Year Built

2002
For Sale

$145,000
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Marion E. Taylor Building

312 South Fourth Street, Louisville Central Business District, Louisville, KY
Property

Office

111,296 SF
Availability

1 Space

12,755 SF
Year Built

1909
For Lease

$15.50/SF/YR
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9200 Leesgate Road

9200 Leesgate Road, Hurstbourne, KY
Property

Office

25,260 SF
Availability

1 Space

7,600 SF
Year Built

1977
For Lease

$18.00/SF/YR
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159 Saint Matthews Avenue

159 Saint Matthews Avenue, St. Matthews, Saint Matthews, KY
Property

Office

954 SF
Availability

1 Space

954 SF
For Lease

$18.24/SF/YR
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Steeplechase Place

9410 Bunsen Parkway, Hurstbourne Acres, Louisville, KY
Property

Office

76,600 SF
Availability

6 Spaces

8,446 SF
Year Built

1990
For Lease

$19.50/SF/YR
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Plaza II at Hurstbourne Green

9510 Ormsby Station Road, Lyndon, Louisville, KY
Property

Office

55,764 SF
Availability

2 Spaces

8,292 SF
Year Built

2003
For Lease

$22.00 - $24.00/SF/YR
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One Olympia Park Plaza

4801 Olympia Park Plaza, Summit Ridge, Louisville, KY
Property

Office

119,322 SF
Year Built

2001
For Sale Contact for pricing
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Free Standing St. Matthews Office / Retail

103 Fairmeade Road, St. Matthews, Louisville, KY
Property

Office

1,200 SF
Availability

1 Space

1,200 SF
For Lease

$3,500.00/MO
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1231 W Oak St

1231 W Oak St, California, Louisville, KY
Property

Industrial

32,953 SF
Availability

1 Space

32,953 SF
For Lease

$3.00 - $10.00/SF/YR
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Wright Tower

6100 Dutchmans Lane, St. Matthews, Louisville, KY
Property

Office

115,530 SF
Availability

6 Spaces

28,372 SF
For Lease

$18.00/SF/YR
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One Olympia Park Plaza

4801 Olympia Park Plaza, Summit Ridge, Louisville, KY
Property

Office

119,322 SF
Availability

1 Space

14,643 SF
Year Built

2001
For Lease Contact for pricing
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Gateway to NuLu

552 East Market Street, Phoenix Hill, Louisville, KY
Property

Office

71,000 SF
Availability

4 Spaces

23,020 SF
Year Built

1946
For Lease Contact for pricing
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Theatre Building

629 South 4th Street, Louisville Central Business District, Louisville, KY
Property

Office

46,425 SF
Availability

3 Spaces

7,154 SF
Year Built

1928
For Lease

$12.00/SF/YR
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Bakery Square

120 Webster Street, Butchertown, Louisville, KY
Property

Office

31,394 SF
Availability

2 Spaces

4,142 SF
Year Built

1973
For Lease

$1,500.00 - $2,550.00/MO
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1235 E Oak St

1235 E Oak St, Germantown, Louisville, KY
Property

Office

1,450 SF
Availability

1 Space

175 SF
Year Built

1953
For Lease Contact for pricing
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Olympia Park Plaza | Condo For Lease

9700 Park Plaza Ave, Summit Ridge, Louisville, KY
Property

Office

16,000 SF
Availability

1 Space

1,200 SF
For Lease

$17.50/SF/YR
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Hunnington I

9420 Bunsen Parkway, Hurstbourne Acres, Louisville, KY
Property

Office

62,982 SF
Availability

4 Spaces

13,128 SF
Year Built

1988
For Lease

$19.50/SF/YR
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One Innovation Center

201 East Jefferson Street, Louisville Central Business District, Louisville, KY
Property

Office

49,208 SF
Availability

4 Spaces

8,637 SF
Year Built

2003
For Lease Contact for pricing
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17.5 Acres For Sale - East Jefferson County

14600 Poplar Lane, Echo Trails Farm, Louisville, KY
Property

VacantLand
For Sale

$1,300,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Louisville commercial real estate market incorporates 9,851,531 square feet of office space across 148 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Louisville commercial real estate market includes 3,203,809 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Louisville market, there is a total of 10,697,062 square feet of industrial property.

The listing inventory in Louisville incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Louisville is represented by Industrial space, which accounts for 6,830,913 square feet of available listings. Office space available in Louisville adds up to 2,188,865 square feet.

Meanwhile, most of the listings of commercial property for sale in Louisville are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Louisville is $16.6 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Louisville can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $19.44 per square foot, industrial space in Louisville saw average rents of $7.51 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Louisville, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Louisville is in the Louisville Central Business District neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Louisville Central Business District area.

Meanwhile, retail space opportunities are most abundant in the Louisville Central Business District submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Park Hill.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $50 per square foot. In particular, the property type commanding the highest lease rates in Louisville was Retail space.

Conversely, the highest sale price last year was $16,525,000 that is located at 2701 Eastpoint Pkwy.

The average size of a commercial property in Louisville depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Louisville, the average size of an office property is 74,072 square feet.
Retail properties here incorporate an average of 47,819 square feet.
Industrial space in Louisville is in buildings that are, on average 118,857 square feet in size.

Louisville, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Louisville currently add up to 10,061,040 square feet. The market offers 122 active office listing(s), which amount to 2,188,865 square feet and account for 46% of commercial spaces on the market. Local retail availability includes 669,122 square feet across 58 retail space(s). Industrial space for rent opportunities in Louisville amount to 6,830,913 square feet across a total of 73 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	122	2,188,865
Retail	58	669,122
Industrial	73	6,830,913
Other	8	372,141

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Louisville, KY. Currently, there is 1,493,643 square feet of commercial property for sale here , which includes 26 office building(s) for sale , 19 retail investment opportunity listing(s) , and 18 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	26	478,017
Retail	19	126,207
Industrial	18	730,268
Other	49	159,151

Louisville, KY Commercial Real Estate Market Overview

Louisville, Ky., started out as a stop for river boats going down the Ohio River. Today, the city is still true to its roots as a river town — as the shipping and cargo industries continue to be central to the local economy. In fact, two-thirds of the entire U.S. population can be reached overnight from Louisville, thanks to its advantageous location. As a result, Louisville Muhammad Ali International Airport is UPS’s worldwide shipping hub, and the city as a whole relies to a great extent on the shipping and cargo sector.

As expected, industrial real estate makes up a significant amount of the Kentucky commercial real estate market, with most industrial properties being situated in the vicinity of the international airport. Many high-end commercial properties are also present in the metro, primarily in Louisville’s central business district along the Ohio River’s waterfront.

Louisville, KY Commercial Real Estate for Lease and Sale

500W

Brown & Williamson Tower

Versatile Medical Office in Prime Location

Aegon Center

1235 E Oak St

3615/3701 Kramers Lane

Short Term Lease in the Heart of St. Matthews

Office Condo for Sale or for Lease

Marion E. Taylor Building

9200 Leesgate Road

159 Saint Matthews Avenue

Steeplechase Place

Plaza II at Hurstbourne Green

One Olympia Park Plaza

Free Standing St. Matthews Office / Retail

1231 W Oak St

Wright Tower

One Olympia Park Plaza

Gateway to NuLu

Theatre Building

Bakery Square

1235 E Oak St

Olympia Park Plaza | Condo For Lease

Hunnington I

One Innovation Center

17.5 Acres For Sale - East Jefferson County

Frequently Asked Questions

Louisville, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Louisville, KY Commercial Real Estate Market Overview

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Louisville, KY Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Louisville, KY?

What factors affect the price of commercial real estate in Louisville, KY?

What is the average rent for commercial space in Louisville, KY?

What are the best areas for commercial real estate in Louisville, KY?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Louisville, KY?

Louisville, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Louisville, KY Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us