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McDowell Building-Street Front Space

501-507 S 3rd St, Louisville, KY 40202

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Overview

This building sits in a perfect location at the corner of 3rd Street and Muhammad Ali in downtown Louisville. Sitting close to I-65 and Fourth Street Live, there is a lot of drive-by and pedestrian traffic. The McDowell Building is across the street from the Omni Hotel & Conference Center with a nice big open green space directly across the street and just 1 block over from The Edge on 4th which contains 230 luxury apartments.

Most of the tenants in the McDowell Building have been there for years, some even, decades and are very neighborly with each other.

Lease Spaces

NameRateSFStatus
Suite 230 Muhammad Ali$14 - $16 /SF/Year3,200 SFavailable
Suite 200$10.5 - $12.5 /SF/Year4,375 SFavailable
Suite 226 Muhammad Ali$12 - $18 /SF/Year1,000 SFavailable

For Lease

Retail
Lease Rate
$10.5 - $18 SF/year
Available SF
1,000 - 4,375 SF
Total Available SF
8,575 SF
Building Size
37,218 SF
Acres
0.559 ac
Zoning
C3-O
Lease Type
Gross
Business Park
McDowell Building
Building Class
C
# of Buildings
1
Floors
4
Construction Siding
Concrete
Construction Type
Framed
Nearest MSA
Louisville/Jefferson County
Property Status
Existing
In Opportunity Zone
Yes
County
Jefferson
Available
12/01/2025
Listed
02/04/2026
Updated
02/04/2026
Listing ID
8d016bed
Parcel APN
016A00830000