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Investment Highlights

  • Fully sprinkled building with HVAC in office and suspended gas heat in warehouse.
  • Secure site with perimeter fencing, rolling gate, and over 35 parking spaces.
  • Adequate 3-phase power with 480-volt capacity and LED lighting throughout
  • Convenient access to the Watterson Expressway and major Louisville transportation corridors.

Executive Summary

This property offers a versatile combination of office and industrial manufacturing space, making it ideal for businesses needing production areas with integrated administrative functions. The loading docks and drive-in doors provide easy access for shipping and receiving logistics.
1500 Algonquin Parkway is located in Louisville, Kentucky, in a residential area of the city. Algonquin Parkway is part of the historic parkway system, designed by Frederick Law Olmsted, offering tree-lined streets and a scenic environment. The property is situated in the South Louisville area, near neighborhoods such as Park Hill and the Algonquin neighborhood. This property is located in an EZ-1 zone that allows for high-intensity industrial use. It's also known as the Enterprise Zone. High-intensity industrial use and Office and warehouse space is what’s allowed in this zoning.

Property Facts

Price $2,339,129 CAD
Price Per SF $62.72 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Showroom
  • FlexLight Distribution
Building Class B
Lot Size 3.19 AC
Rentable Building Area 37,292 SF
No. Stories 1
Year Built 1942
Tenancy Single
Parking Ratio 0.54/1,000 SF
Clear Ceiling Height 15’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning EZ1 & R6 - According to Louisville Metro Development Code Book, current potential uses include: All uses permitted in the C-2 Commercial and M-3 Industrial.

Amenities

  • Bus Line
  • Fenced Lot
  • Fluorescent Lighting

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 37,292 SF
  • Industrial
  • Full Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Floor 37,292 SF Industrial Full Build-Out Now

1st Floor

Size
37,292 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 37,292 SF
Space Use Industrial
Build-Out Full Build-Out
Available Now

Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
042D00270000
Land Assessment
$243,380 CAD
Improvements Assessment
$1,607,023 CAD
Total Assessment
$1,850,403 CAD
  • Listing ID: 34578121

  • Date on Market: 2025-01-23

  • Last Updated:

  • Address: 1500 Algonquin Pky, Louisville, KY 40210

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