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1601-1605 W Main St
Louisville, KY 40203
Industrial Property For Sale

Investment Highlights

  • Prime industrial space with both drive-in and dock high loading, in the heart of Downtown Louisville.
  • Potential tax benefits and incentives, encouraging business growth and investment.
  • Industrial building with significant square footage, suitable for warehousing, manufacturing, or distribution operations.

Executive Summary

PRICE IMPROVEMENT!
32,628 SF Downtown Louisville Industrial — Priced to Own at $25/SF
Opportunity Zone (tract #002300)+ Dual TIF + Enterprise Zone | Drive-In + Interior Dock | 20,000+ SF Conditioned | 7 Miles to UPS Worldport
Rare opportunity to own 32,628± SF of flexible industrial space in the heart of Downtown Louisville at just $25.60 per square foot. Located at the signalized corner of 16th & West Main Street (US 31W), 1601 & 1605 W Main offers immediate I-64 access and sits only 7 miles — a 15-minute drive — from Louisville Muhammad Ali International Airport and UPS Worldport.
The property combines an 1890 heavy-timber masonry building (18'–20.5' clear) with a 1980s steel-frame addition, served by a 14' x 13' drive-in door and a 14' x 14' interior dock. In addition to 1,664 SF of office, the building includes Over 20,000 SF of air-conditioned space — ideal for e-commerce fulfillment, food production, light assembly, or product-sensitive storage — plus 16,728 SF of mezzanine space (15,445 SF and 1,283 SF) not included in the quoted square footage. Wet sprinkler system throughout; 400-amp, 240V 3-phase power; 5 central HVAC units plus 2 suspended gas heaters.
EZ-1 Enterprise Zone zoning permits all C-2 (commercial) and M-3 (industrial) uses — warehousing, distribution, manufacturing, retail, showroom, brewery/taproom, event, and entertainment uses are all possible. The incentive stack is exceptional for a property at this price point: located within Opportunity Zone tract #002300 AND within both the state and local (West End) Tax Increment Financing districts.
For owner-users, SBA financing at approximately 10% down can put estimated occupancy cost dramatically below prevailing market lease rates. For investors, the basis, corner visibility, zoning flexibility, and OZ/TIF stack support adaptive-reuse and value-add strategies.
Contact Dalton Dreisbach, SIOR, CCIM — TRIO Commercial Property Group — (502) 387-8479 — DALTON@TRIOCPG.COM.

Property Facts

Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.54 AC
Rentable Building Area 32,400 SF
No. Stories 2
Year Built 1890
Tenancy Single
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning EZ1-ENTERP - Zoning allows for flexible commercial and industrial uses, including all uses permitted in the C-2 (commercial) and M-3 (industrial) zoning district

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 015A00470000
  • 015A00900000
Land Assessment
$82,280 CAD
Improvements Assessment
$176,492 CAD
Total Assessment
$258,772 CAD
  • Listing ID: 33608214

  • Date on Market: 2024-10-23

  • Last Updated:

  • Address: 1601-1605 W Main St, Louisville, KY 40203

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