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Crescent Centre Mixed-Use Development 631 S 3rd St 3,000 - 21,627 SF of 4-Star Space Available in Louisville, KY 40202

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ALL AVAILABLE SPACES(3)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste STE 1
  • 5,972 SF
  • Negotiable
  • $12.47 CAD/SF/YR $1.04 CAD/SF/MO $74,484 CAD/YR $6,207 CAD/MO
  • Office/Retail
  • -
  • Now

632 South 3rd Street presents a rare opportunity to customize your space at an affordable rate. The available 5,972 SF is currently in shell condition, giving a tenant full flexibility to specify interior layout, finishes, and functional adjacencies. The landlord will allocate tenant improvement dollars, minimizing tenant capex and accelerating move-in, all while allowing the tenant to customize their space at an affordable rate. Why this opportunity stands out: Landlord strength: deeply capitalized ownership prepared to invest in your space to make your move in easy and affordable. Competitive economics: base rent positioned well below comparable downtown and near-downtown offerings. Functional value: first-floor footprint and garage parking support medical uses expecting patient turnover, professional offices needing staff parking, or retail concepts seeking customer convenience. Flexible layout: full design control allows for exam rooms, private offices, reception/waiting areas, consultation rooms, open-plan workspaces, or retail sales floor configurations. Please contact Broker to schedule a tour.

  • Listed rate may not include certain utilities, building services and property expenses
  • 1st Floor, Ste STE 3
  • 3,000-5,983 SF
  • Negotiable
  • $12.47 CAD/SF/YR $1.04 CAD/SF/MO $74,621 CAD/YR $6,218 CAD/MO
  • Office/Medical
  • -
  • Now

TENANT BROKER BONUS: Landlord offering an additional $2/SF paid at lease signing for any leases executed before the end of 2025. Call broker for more details. This is a rare, affordable downtown Louisville opportunity with a former medical office build-out that’s ideal for medical practices, professional offices, or retail. It sits inside a mixed-use development with ground floor commercial space, 209 apartments, delivering built-in customer and employee demand, and includes attached garage parking. The landlord is offering a tenant improvement allowance and will work with the tenant on scope, contractor introductions, and permitting to ensure a fast, cost-efficient conversion. SPACE HIGHLIGHTS: - Highly affordable lease rate designed to attract cost-conscious tenants. - Generous tenant improvement allowance from well capitalized landlord to cover meaningful build-out costs and customization. - Flexible use: suited for medical/veterinary, traditional office, or retail with ground floor visibility and customer convenience. - Attached garage parking for staff and customers. - Built-in customer base: direct access to 209 on-site apartments and pedestrian traffic from the mixed-use development. - Fast conversion potential because of existing medical infrastructure and landlord coordination on TI.

  • Listed rate may not include certain utilities, building services and property expenses
  • 1st Floor, Ste STE 4
  • 3,000-9,672 SF
  • Negotiable
  • $12.47 CAD/SF/YR $1.04 CAD/SF/MO $120,631 CAD/YR $10,053 CAD/MO
  • Office/Retail
  • -
  • Now

Rare opportunity in a mixed-use development: a former medical suite with a spacious waiting room, 12 exam rooms, 5 private offices, two restrooms, storage, and attached garage parking. Competitive lease rate plus a landlord tenant improvement allowance makes this an affordable, customizable solution for medical providers, professional offices, or retail operators. Space can be subdivided into a footprint that makes sense for your business. - Highly affordable lease rate designed to attract cost-conscious tenants. - Generous tenant improvement allowance from the landlord to cover meaningful build-out costs and customization. - Turnkey medical-ready layout with 12 exam rooms, reception/waiting area, 5 offices, storage, and 2 restrooms. - Flexible use: suited for medical practice, traditional office, or retail with visibility and customer convenience. - Attached garage parking for staff and customers. - Built-in customer base: direct access to 209 on-site apartments and pedestrian traffic from the mixed-use development. - Fast conversion potential because of existing medical infrastructure and landlord coordination on TI. BROKER BONUS: Landlord offering an additional $2/sf bonus paid at lease signing for any leases completed by the end of 2025. Call broker for more details.

  • Listed rate may not include certain utilities, building services and property expenses
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste STE 1 5,972 SF Negotiable $12.47 CAD/SF/YR $1.04 CAD/SF/MO $74,484 CAD/YR $6,207 CAD/MO Office/Retail - Now
1st Floor, Ste STE 3 3,000-5,983 SF Negotiable $12.47 CAD/SF/YR $1.04 CAD/SF/MO $74,621 CAD/YR $6,218 CAD/MO Office/Medical - Now
1st Floor, Ste STE 4 3,000-9,672 SF Negotiable $12.47 CAD/SF/YR $1.04 CAD/SF/MO $120,631 CAD/YR $10,053 CAD/MO Office/Retail - Now

1st Floor, Ste STE 1

Size
5,972 SF
Term
Negotiable
Rental Rate
$12.47 CAD/SF/YR $1.04 CAD/SF/MO $74,484 CAD/YR $6,207 CAD/MO
Space Use
Office/Retail
Condition
-
Available
Now

1st Floor, Ste STE 3

Size
3,000-5,983 SF
Term
Negotiable
Rental Rate
$12.47 CAD/SF/YR $1.04 CAD/SF/MO $74,621 CAD/YR $6,218 CAD/MO
Space Use
Office/Medical
Condition
-
Available
Now

1st Floor, Ste STE 4

Size
3,000-9,672 SF
Term
Negotiable
Rental Rate
$12.47 CAD/SF/YR $1.04 CAD/SF/MO $120,631 CAD/YR $10,053 CAD/MO
Space Use
Office/Retail
Condition
-
Available
Now

1st Floor, Ste STE 1

Size 5,972 SF
Term Negotiable
Rental Rate $12.47 CAD/SF/YR
Space Use Office/Retail
Condition -
Available Now

632 South 3rd Street presents a rare opportunity to customize your space at an affordable rate. The available 5,972 SF is currently in shell condition, giving a tenant full flexibility to specify interior layout, finishes, and functional adjacencies. The landlord will allocate tenant improvement dollars, minimizing tenant capex and accelerating move-in, all while allowing the tenant to customize their space at an affordable rate. Why this opportunity stands out: Landlord strength: deeply capitalized ownership prepared to invest in your space to make your move in easy and affordable. Competitive economics: base rent positioned well below comparable downtown and near-downtown offerings. Functional value: first-floor footprint and garage parking support medical uses expecting patient turnover, professional offices needing staff parking, or retail concepts seeking customer convenience. Flexible layout: full design control allows for exam rooms, private offices, reception/waiting areas, consultation rooms, open-plan workspaces, or retail sales floor configurations. Please contact Broker to schedule a tour.

  • Listed rate may not include certain utilities, building services and property expenses

1st Floor, Ste STE 3

Size 3,000-5,983 SF
Term Negotiable
Rental Rate $12.47 CAD/SF/YR
Space Use Office/Medical
Condition -
Available Now

TENANT BROKER BONUS: Landlord offering an additional $2/SF paid at lease signing for any leases executed before the end of 2025. Call broker for more details. This is a rare, affordable downtown Louisville opportunity with a former medical office build-out that’s ideal for medical practices, professional offices, or retail. It sits inside a mixed-use development with ground floor commercial space, 209 apartments, delivering built-in customer and employee demand, and includes attached garage parking. The landlord is offering a tenant improvement allowance and will work with the tenant on scope, contractor introductions, and permitting to ensure a fast, cost-efficient conversion. SPACE HIGHLIGHTS: - Highly affordable lease rate designed to attract cost-conscious tenants. - Generous tenant improvement allowance from well capitalized landlord to cover meaningful build-out costs and customization. - Flexible use: suited for medical/veterinary, traditional office, or retail with ground floor visibility and customer convenience. - Attached garage parking for staff and customers. - Built-in customer base: direct access to 209 on-site apartments and pedestrian traffic from the mixed-use development. - Fast conversion potential because of existing medical infrastructure and landlord coordination on TI.

  • Listed rate may not include certain utilities, building services and property expenses

1st Floor, Ste STE 4

Size 3,000-9,672 SF
Term Negotiable
Rental Rate $12.47 CAD/SF/YR
Space Use Office/Retail
Condition -
Available Now

Rare opportunity in a mixed-use development: a former medical suite with a spacious waiting room, 12 exam rooms, 5 private offices, two restrooms, storage, and attached garage parking. Competitive lease rate plus a landlord tenant improvement allowance makes this an affordable, customizable solution for medical providers, professional offices, or retail operators. Space can be subdivided into a footprint that makes sense for your business. - Highly affordable lease rate designed to attract cost-conscious tenants. - Generous tenant improvement allowance from the landlord to cover meaningful build-out costs and customization. - Turnkey medical-ready layout with 12 exam rooms, reception/waiting area, 5 offices, storage, and 2 restrooms. - Flexible use: suited for medical practice, traditional office, or retail with visibility and customer convenience. - Attached garage parking for staff and customers. - Built-in customer base: direct access to 209 on-site apartments and pedestrian traffic from the mixed-use development. - Fast conversion potential because of existing medical infrastructure and landlord coordination on TI. BROKER BONUS: Landlord offering an additional $2/sf bonus paid at lease signing for any leases completed by the end of 2025. Call broker for more details.

  • Listed rate may not include certain utilities, building services and property expenses

ABOUT THE PROPERTY

The landlord is actively seeking tenants willing to collaborate on improvements and programming that enhance property value. The owner is prepared to offer tenant improvement dollars and work with operators to deliver tailored build-outs, merchandising, and activation strategies that increase foot traffic, resident convenience, and net operating income. - Immediate demand from 209 apartments and surrounding residential density. - Mixed-use dynamics that encourage cross-traffic between living, working, and retail amenities. - Flexible ground-floor spaces suitable for a wide range of commercial uses that benefit from captive customers and commuter visibility.

PROPERTY FACTS

Total Space Available 21,627 SF
No. Units 209
Min. Divisible 3,000 SF
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 213,061 SF
Year Built 1989
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38081393

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: 631 S 3rd St, Louisville, KY 40202

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