Historic Downtown Mixed-Use Investment

In the heart of Louisville’s Central Business District, The Scoop Building offers a rare blend of historic character and dependable performance. Fully leased and prominently positioned, this mixed-use asset combines stable in-place income with long-term upside in one of downtown’s fastest-evolving corridors.

Listed on the National Register of Historic Places, the building’s distinctive decorative façade makes it one of the district’s most recognizable historic properties. Its strong tenant base includes Parlay, a successful downtown dining destination, and the Legal Aid Society, established in 1921 as Kentucky’s oldest legal services program — providing both stability and consistent foot traffic.  It has enjoyed considerable updates over the past several years.

The property is at the heart of transformative growth. Directly across the street, the University of Louisville Envirome Institute is developing its New Vision of Health Campus—a 130,000-square-foot adaptive reuse project featuring 30,000 square feet of new urban park space. Across the street, it was recently announced that the 26-story Meidinger Tower is slated for total redevelopment.. One block west is the $70 million Louisville Studios at the Gardens project, and one block north, a 26-story office tower is being converted into the 418-room JW Marriott Louisville.With more than $2.5 billion in announced or underway projects downtown, the surrounding district is poised for continued growth.

Priced below replacement value and offering an above-market going-in cap rate, The Scoop Building presents a compelling opportunity to acquire a fully stabilized historic asset positioned to benefit from the ongoing resurgence of Downtown Louisville.