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Prime Development Opportunity Near University of Louisville

111 Central Ave, Louisville, KY 40209

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Overview

Located at 111 Central Avenue in Louisville, this ±2.03-acre development opportunity offers a highly visible and strategically positioned site in one of the city’s most active commercial corridors. The property fronts Central Avenue with approximately 14,500+ vehicles per day and is situated within a high-intensity hub for sports, entertainment, and tourism traffic.

The site is within walking distance of the University of Louisville’s Belknap Campus, serving approximately 25,000 students, faculty, and staff, and is positioned just ±0.5 miles from the Kentucky Exposition Center, which hosts more than 200 events annually and attracts over 3 million visitors each year. Additionally, the property is located approximately ±1.1 miles from Louisville Muhammad Ali International Airport, providing strong accessibility and visibility to both local and regional traffic.

Zoned EZ-1 (Enterprise Zone), the property allows for a wide range of potential uses including retail, QSR, student housing, hotel, or industrial development. The site also benefits from excellent connectivity with convenient access to Interstate 65 and Interstate 264 via Crittenden Drive, making it an ideal location for a variety of commercial or mixed-use development opportunities.

  • ±2.03-acre development opportunity for sale
  • Flexible development site suitable for retail, QSR, student housing, hotel, or industrial uses
  • Zoned EZ-1 (Enterprise Zone) allowing a wide range of commercial uses
  • Frontage on Central Avenue with approximately 14,500 VPD
  • Within walking distance of University of Louisville Belknap Campus (±25,000 students, faculty, and staff)
  • ±0.5 miles from Kentucky Exposition Center (200+ events annually; 3+ million visitors per year)
  • ±1.1 miles from Louisville Muhammad Ali International Airport
  • Excellent connectivity to Interstate 65 and Interstate 264 via Crittenden Drive
  • Located in a high-intensity hub for sports, entertainment, and tourism traffic

For Sale

Land

Secondary Uses: Hospitality, Industrial, Retail

Sale Price
Negotiable
Acres
2.03 ac
Is Vacant
Yes
Zoning
EZ1
Zoning Desc.
Enterprise Zone District
Nearest MSA
Louisville/Jefferson County
County
Jefferson
Listed
04/20/2026
Updated
05/07/2026
Listing ID
bd9fc435
Parcel APN
056C00560000