St. Matthews, KY Commercial Real Estate for Lease and Sale

Explore 19 listings of St. Matthews commercial real estate to find the best space for your business.

St. Mathews Office Space

4169 Westport Rd, St. Matthews, Saint Matthews, KY
Property

Office

9,455 SF
Availability

3 Spaces

2,650 SF
Year Built

1972
For Lease

$15.50/SF/YR
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116 & 118 Bauer Avenue

118 Bauer Avenue, St. Matthews, Louisville, KY
Property

Retail

7,587 SF
Availability

3 Spaces

7,587 SF
Year Built

1925
For Lease

$13.00 - $18.50/SF/YR
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Office/Retail for Lease

4209 Shelbyville Road, St. Matthews, Louisville, KY
Property

Office

5,800 SF
Availability

1 Space

2,900 SF
For Lease

$19.00/SF/YR
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Wright Tower

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

Office

115,530 SF
Availability

5 Spaces

24,403 SF
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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Lakeview Office

100 Mallard Creek Road, St. Matthews, Louisville, KY
Property

Office

76,438 SF
Availability

2 Spaces

7,827 SF
Year Built

1989
For Lease

$23.50/SF/YR
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Norwood I & II

7400 New La Grange Road, St. Matthews, Louisville, KY
Property

Office

94,151 SF
Availability

6 Spaces

12,878 SF
Year Built

1980
For Lease Contact for pricing
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Woodlawn Center Office Park, Phase II

297 North Hubbards Lane, St. Matthews, Louisville, KY
Property

Office

45,000 SF
Availability

1 Space

2,665 SF
Year Built

2016
For Lease

$20.00/SF/YR
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116 & 118 Bauer Avenue

118 Bauer Avenue, St. Matthews, Louisville, KY
Property

Retail

7,587 SF
Year Built

1925
For Sale

$1,600,000
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4500 Bowling Boulevard
St. Matthews Executive Suites
4500 Bowling Boulevard #100, Louisville, KY
Services

Meeting Room

Private Office
Amenities

Cleaning services

High-speed internet

High-speed wifi

Kitchen

Receptionist/Secretarial services

Window view
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291 N. Hubbards Lane

291 N. Hubbards Lane, St. Matthews, Louisville, KY
Property

Retail

6,700 SF
Availability

2 Spaces

6,640 SF
For Lease Contact for pricing
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Westport Village

1115 Herr Lane, St. Matthews, Louisville, KY
Property

Retail

169,000 SF
Availability

2 Spaces

3,458 SF
Year Built

1988
For Lease Contact for pricing
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Kendall Building

7321 New LaGrange Road, St. Matthews, Louisville, KY
Property

Office

546 SF
Availability

1 Space

260 SF
For Lease

$15.00/SF/YR
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123 S Sherrin Ave

123 S Sherrin Ave, St. Matthews, Louisville, KY
Property

Retail

6,396 SF
Availability

1 Space

5,886 SF
Year Built

1923
For Lease Contact for pricing
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Westport Rd Office for Lease

4175 Westport Road, STE 100, St. Matthews, Louisville, KY
Property

Office

3,040 SF
Availability Contact for availability
Year Built

1999
For Lease Contact for pricing
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Office and Medical Suites for Lease

4010 Dupont Cir, St. Matthews, Louisville, KY
Property

Office

150,000 SF
Availability

10 Spaces

25,389 SF
For Lease

$14.50 - $635.00/SF/YR
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123 S Sherrin Ave

123 S Sherrin Ave, St. Matthews, Louisville, KY
Property

Office

5,886 SF
Year Built

1923
For Sale

$1,450,000
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Bluegrass Manor

4900 Shelbyville Road, St. Matthews, Louisville, KY
Property

Retail

140,000 SF
Availability

1 Space

70,227 SF
Year Built

1966
For Lease Contact for pricing
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1108 Lyndon Ln

1108 Lyndon Ln, St. Matthews, Louisville, KY
Property

Retail

35,745 SF
Availability

1 Space

24,534 SF
For Lease Contact for pricing
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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 St. Matthews commercial real estate market incorporates 503,760 square feet of office space across 11 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 St. Matthews commercial real estate market includes 21,570 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.

The listing inventory in St. Matthews 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 St. Matthews is represented by Office space, which accounts for 79,440 square feet of available listings. Retail space available in St. Matthews adds up to 13,473 square feet.

Meanwhile, most of the listings of commercial property for sale in St. Matthews 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 St. Matthews is $17.31 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 St. Matthews 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.

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 St. Matthews, depending on the property type you are interested in.

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 $23.5 per square foot. In particular, the property type commanding the highest lease rates in St. Matthews was Office space.

The average size of a commercial property in St. Matthews 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 St. Matthews, the average size of an office property is 50,376 square feet.
Retail properties here incorporate an average of 7,190 square feet.

St. Matthews, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in St. Matthews currently add up to 194,800 square feet. The market offers 10 active office listing(s), which amount to 79,926 square feet and account for 62% of commercial spaces on the market. Local retail availability includes 114,874 square feet across 6 retail space(s).

Property Type	Count of Listings	Total SF
Office	10	79,926
Retail	6	114,874

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 St. Matthews, KY. Currently, there is 13,473 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	5,886
Retail	1	7,587

St. Matthews, KY Commercial Real Estate for Lease and Sale

St. Mathews Office Space

116 & 118 Bauer Avenue

Office/Retail for Lease

Wright Tower

159 Saint Matthews Avenue

Lakeview Office

Norwood I & II

Woodlawn Center Office Park, Phase II

116 & 118 Bauer Avenue

4500 Bowling Boulevard

291 N. Hubbards Lane

Westport Village

Kendall Building

123 S Sherrin Ave

Westport Rd Office for Lease

Office and Medical Suites for Lease

123 S Sherrin Ave

Bluegrass Manor

1108 Lyndon Ln

Frequently Asked Questions

St. Matthews, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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St. Matthews, 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 St. Matthews, KY?

What factors affect the price of commercial real estate in St. Matthews, KY?

What is the average rent for commercial space in St. Matthews, KY?

What are the best areas for commercial real estate in St. Matthews, 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 St. Matthews, KY?

St. Matthews, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us