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Germantown Warehouse / Commercial Redevelopment Opportunity

1433 S Shelby St, Louisville, KY 40217

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Overview

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.

-Building: 25,686 sf/ + 708 sf home

-Lot: .47 Acres

-Zoning: CM

-3 phase power/sprinkled

-Price: Sale- $1,540,000 / Lease- $6-$8 psf

Lease Spaces

NameRateSF
Germantown Warehouse / Commercial Redevelopment Opportunity$6 - $8 /SF/Year26,394 SF

For Sale/Lease

Industrial
Retail
Lease Rate
$6 - $8 SF/year
Available SF
26,394 SF
Sale Price
$1,540,000
Price Per SF
$58.3/SF
Building Size
26,394 SF
Acres
0.473 ac
Zoning
CM
Zoning Desc.
Commercial Manufacturing
Lease Type
Modified Gross
County
Jefferson
Available
05/01/2026
Listed
02/22/2026
Updated
02/25/2026
Listing ID
afcc5921
Parcel APN
026F00800000