Louisville, KY Commercial Real Estate for Lease and Sale

Explore 381 listings of Louisville commercial real estate to find the best space for your business.

Michelin

5600 Cane Run Road, Riverport, Louisville, KY
Property

Industrial

150,000 SF
Availability

1 Space

150,000 SF
Year Built

2011
For Lease Contact for pricing
View Details (opens in new window)
1001 Glengarry Drive

1001 Glengarry Drive, Southland Park, Louisville, KY
Property

Industrial

41,910 SF
Availability

1 Space

41,910 SF
For Lease Contact for pricing
View Details (opens in new window)
501 Fourth Street & Magee Street

501 Fourth Street & Magee Street, Louisville Central Business District, Watkins Glen, NY
Property

VacantLand
For Sale

$395,000
View Details (opens in new window)
4912 US Route 42

4912 US Route 42, Northfield, Louisville, KY
Property

Office

46,836 SF
For Sale

$5,000,000
View Details (opens in new window)
3612 Brownsboro Rd

3612 Brownsboro Rd, Crescent Hill, Louisville, KY
Property

VacantLand

0.28 Acre
Availability

1 Space

0.28 Acre
For Lease

$4,500.00/MO
View Details (opens in new window)
The Old PRP Firehhouse

5126 Cane Run Road, Melrose and Flagler, Louisville, KY
Property

Other

5,000 SF
For Sale

$670,000
View Details (opens in new window)
248 E Market St

248 E Market St, Louisville Central Business District, Louisville, KY
Property

Retail

5,148 SF
Availability

1 Space

5,148 SF
For Lease Contact for pricing
View Details (opens in new window)
8914 Stone Green Way
8914 Stone Green Way
8914 Stone Green Way, Louisville, KY
Services

Meeting Room

Private Office
Amenities

A/V equipment

Fax services

High-speed internet

Kitchen

Lockable filing cabinets

Parking

Utilities included
View Details (opens in new window)
Tradewinds West Retail Space

4443 Cane Run Road Louisville, Shively, Louisville, KY
Property

Retail

3,367 SF
Availability

1 Space

3,367 SF
For Lease Contact for pricing
View Details (opens in new window)
739 East Oak Street
The CoLab
739 East Oak Street, Louisville, KY
Services

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Business address

Complimentary coffee & tea

Free water

High-speed wifi

Kitchen

Lockers

Mail services

Mother’s room

Office furniture

Parking
View Details (opens in new window)
Blankenbaker Crossings

Interstate 64 & Blankenbaker Pkwy, Jeffersontown, Louisville, KY
Property

VacantLand

4.89 Acre
Availability

1 Space

4.89 Acre
Year Built

1965
For Lease Contact for pricing
View Details (opens in new window)
135 Marketplace Dr

135 Marketplace Dr, Hillview, Louisville, KY
Property

Retail

3,000 SF
Availability

1 Space

3,000 SF
For Lease Contact for pricing
View Details (opens in new window)
2858-2862 Frankfort Avenue

2858-2862 Frankfort Avenue, Crescent Hill, Louisville, KY
Property

Office

15,210 SF
Year Built

1926
For Sale Contact for pricing
View Details (opens in new window)
Louisville Mega Cavern

1841 Taylor Avenue, Poplar Level, Louisville, KY
Property

Industrial

1,000,000 SF
Availability

6 Spaces

141,726 SF
Year Built

1995
For Lease Contact for pricing
View Details (opens in new window)
Preston Trucking Company

3600 Bells Lane, Shively, Louisville, KY
Property

Industrial

17,100 SF
Availability

1 Space

17,100 SF
Year Built

1974
For Lease

$12.00/SF/YR
View Details (opens in new window)
Embassy Square Office Park

1100 Envoy Cir, Jeffersontown, Louisville, KY
Property

Office

5,208 SF
Availability

3 Spaces

2,882 SF
For Lease

$14.50 - $28.12/SF/YR
View Details (opens in new window)
164 Rochester Drive

164 Rochester Drive, Southside Louisville, Louisville, KY
Property

Industrial

176,000 SF
Availability

1 Space

176,000 SF
Year Built

2021
For Lease Contact for pricing
View Details (opens in new window)

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 10,329,265 square feet of office space across 145 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 2,131,804 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 7,812,825 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 3,990,891 square feet of available listings. Office space available in Louisville adds up to 2,646,821 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 $16.44 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 $19.71 per square foot, industrial space in Louisville saw average rents of $7.27 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 Southland Park.

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 $37.71 per square foot. In particular, the property type commanding the highest lease rates in Louisville was Office 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 76,514 square feet.
Retail properties here incorporate an average of 38,068 square feet.
Industrial space in Louisville is in buildings that are, on average 107,025 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 10,439,432 square feet. The market offers 111 active office listing(s), which amount to 2,665,104 square feet and account for 39% of commercial spaces on the market. Local retail availability includes 939,911 square feet across 89 retail space(s). Industrial space for rent opportunities in Louisville amount to 6,438,457 square feet across a total of 78 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	111	2,665,104
Retail	89	939,911
Industrial	78	6,438,457
Other	5	395,960

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 2,482,595 square feet of commercial property for sale here , which includes 35 office building(s) for sale , 13 retail investment opportunity listing(s) , and 11 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	35	1,048,065
Retail	13	91,210
Industrial	11	1,291,704
Other	36	51,616

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

Michelin

1001 Glengarry Drive

501 Fourth Street & Magee Street

4912 US Route 42

3612 Brownsboro Rd

The Old PRP Firehhouse

248 E Market St

8914 Stone Green Way

Tradewinds West Retail Space

739 East Oak Street

Blankenbaker Crossings

135 Marketplace Dr

2858-2862 Frankfort Avenue

Louisville Mega Cavern

Preston Trucking Company

Embassy Square Office Park

164 Rochester Drive

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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

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