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Commercial Redevelopment Opportunity 1433-1435 S Shelby St 26,394 SF Vacant Industrial Building Louisville, KY 40217 $2,106,150 CAD ($79.80 CAD/SF)



Investment Highlights
- Building: 25,686 sf/ + 708 sf home
- 3 phase power/sprinkled
- Price: Sale- $1,540,000 / Lease- $6-$8 ps
- Lot: .47 Acres
- Zoning: CM
Executive Summary
This is a rare opportunity to purchase or lease a highly flexible, large-scale property in the heart of the Louisville metro area, positioned between the vibrant Germantown and Schnitzelburg neighborhoods.
The property features over 26,000 square feet of adaptable space, currently operating as an event venue and artist workshop hub. The offering also includes a small house on-site, providing additional flexibility for office, residential, or potential for more parking. The building contains a significant amount of three phase power and is sprinkled (fully monitored).
Zoned CM, the building supports a variety of commercial and light industrial/warehouse uses. For investors, owner-users, or creative developers, this property presents a true blank canvas—ideal for a large-scale concept in one of the city’s most desirable urban submarkets just minutes from downtown.
Situated on a prominent corner lot, the location benefits from exceptional visibility and accessibility. The surrounding submarket is mature, historic, and culturally rich, featuring a dense concentration of character-filled homes, locally owned restaurants, and walkable retail amenities that continue to drive strong neighborhood demand. This is a unique chance to secure scale, character, and location in one of Louisville’s most established and sought-after districts.
The property features over 26,000 square feet of adaptable space, currently operating as an event venue and artist workshop hub. The offering also includes a small house on-site, providing additional flexibility for office, residential, or potential for more parking. The building contains a significant amount of three phase power and is sprinkled (fully monitored).
Zoned CM, the building supports a variety of commercial and light industrial/warehouse uses. For investors, owner-users, or creative developers, this property presents a true blank canvas—ideal for a large-scale concept in one of the city’s most desirable urban submarkets just minutes from downtown.
Situated on a prominent corner lot, the location benefits from exceptional visibility and accessibility. The surrounding submarket is mature, historic, and culturally rich, featuring a dense concentration of character-filled homes, locally owned restaurants, and walkable retail amenities that continue to drive strong neighborhood demand. This is a unique chance to secure scale, character, and location in one of Louisville’s most established and sought-after districts.
Property Facts
| Price | $2,106,150 CAD | Rentable Building Area | 26,394 SF |
| Price Per SF | $79.80 CAD | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1950/2008 |
| Property Type | Industrial | Parking Ratio | 0.3/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 22’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.48 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | M-2 & R-6 | ||
| Price | $2,106,150 CAD |
| Price Per SF | $79.80 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.48 AC |
| Rentable Building Area | 26,394 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2008 |
| Parking Ratio | 0.3/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M-2 & R-6 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
This is a rare opportunity to purchase or lease a highly flexible, large-scale property in the heart of the Louisville metro area, positioned between the vibrant Germantown and Schnitzelburg neighborhoods.
- Mezzanine
- 9,000 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 17,394 SF | Industrial | Full Build-Out | Now |
| Mezzanine | 9,000 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 17,394 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
Mezzanine
| Size |
| 9,000 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 17,394 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
This is a rare opportunity to purchase or lease a highly flexible, large-scale property in the heart of the Louisville metro area, positioned between the vibrant Germantown and Schnitzelburg neighborhoods.
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Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (84)
Property Taxes
| Parcel Numbers | Improvements Assessment | $678,987 CAD | |
| Land Assessment | $251,015 CAD | Total Assessment | $930,002 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$251,015 CAD
Improvements Assessment
$678,987 CAD
Total Assessment
$930,002 CAD
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Commercial Redevelopment Opportunity | 1433-1435 S Shelby St
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