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945 Commercial Real Estate Listings in Louisville, KY

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Louisville, KY Commercial Real Estate

There are currently 938 commercial listings available in Louisville, KY. These listings include 548 commercial spaces that encompass a total of 12,921,734 square feet. Available commercial spaces in Louisville, KY range in size from 1 square feet to 931,907 square feet. A total of 549 off-market commercial properties located in Louisville, KY are also available for research.

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Louisville, KY Commercial Real Estate Market Overview

Location Photo

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 Inventory Breakdown

In 2023 the Louisville, KY commercial real estate market totaled 27,759,942 square feet of office spaces, 3,284,523 square feet of office spaces with retail, and 69,115,303 square feet of industrial space.

Office Spaces

Total: 27,759,942 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 7,818,347 SqFt 28.16% of total office
100k to 500k SqFt 15,459,943 SqFt 55.69% of total office
500k to 1M SqFt 4,481,652 SqFt 16.14% of total office
By class:
Class A 11,468,111 SqFt 41.31% of total office
Class B 14,569,473 SqFt 52.48% of total office
Class C 175,108 SqFt 0.63% of total office
Roughly 16.14% of the total office space in Louisville, KY is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 28.16% of the office inventory.

Class A office space holds a 41.31% share of the overall Louisville, KY office market, while Class B office assets make up approximately 52.48%.

Industrial

Total: 69,115,303 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 5,593,080 SqFt 8.09% of total industrial
100k to 500k SqFt 42,520,867 SqFt 61.52% of total industrial
500k to 1M SqFt 12,113,300 SqFt 17.53% of total industrial
> 1M SqFt 8,888,056 SqFt 12.86% of total industrial
By class:
Class A 35,090,501 SqFt 50.77% of total industrial
Class B 20,894,497 SqFt 30.23% of total industrial
Class C 1,040,108 SqFt 1.5% of total industrial
There are 42,520,867 square feet of commercial real estate properties between 100k to 500k square feet, representing 61.52% of the Louisville, KY industrial inventory. Class A assets total 35,090,501 square feet of industrial space, with an additional 20,894,497 square feet of Class B and 1,040,108 square feet of Class C properties.

Office Spaces with Retail

Total: 3,284,523 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 925,913 SqFt 28.19% of total office with retail
100k to 500k SqFt 2,358,610 SqFt 71.81% of total office with retail

Louisville, KY Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Louisville, KY Office 173 3,085,845
Louisville, KY Retail 74 607,204
Louisville, KY Industrial 84 9,190,125
Louisville, KY Other 417 12,931,174
Ofice Icon

173

Office

Industrial Icon

84

Industrial

Retail Icon

74

Retail

Current local active listing encompass 25,814,348 square feet of commercial space for lease in Louisville. There are 173 active office listings, which amount to 3,085,845 square feet and account for 23% of commercial spaces on the market. Local retail availability includes 607,204 square feet across 74 listings. Current industrial offerings on the market amount to 9,190,125 square feet across a total of 84.

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