1604 Northwestern Pky - Manufacturing FOR SALE


Louisville, KY 40203- East Russell
$2,750,000 USD
502-817-6484
1604 Northwestern Pky, Louisville, KY for Sale
$2,750,000 USD
Manufacturing - FOR SALE
1/38
null | Request Cap Rate

NEW


1604 Northwestern Pky
Louisville, KY 40203
East Russell


OVERVIEW

Drop a pin in Louisville’s historic Portland industrial corridor and you land on a turnkey, four-building campus built for metal, machines, and advanced-manufacturing muscle. Vacant as of February 2025, the property delivers an immediate U.S. foothold for local and global producers. Why International Manufacturers Start (and Stay) in Louisville Central U.S. Reach – 80% of the U.S. population is a one-day truck haul; UPS Worldport & Louisville Muhammad Ali International Airport sit 7.8 miles away. Incentive Stack Kentucky Business Investment (KBI) refundable income-tax credits up to 5 % of payroll. Kentucky Enterprise Initiative Act (KEIA) sales- & use-tax rebates on construction materials and new equipment. Bluegrass State Skills Corp. grants covering up to 75 % of customized workforce training. Louisville METCO low-interest loans, Industrial-Revenue Bonds, and potential property-tax abatement inside the West Louisville/Portland Opportunity Zone. Right-to-Work, Low-Cost State – Kentucky’s manufacturing electricity rates and overall cost of doing business rank among the nation’s lowest. Ready Workforce – 56,000+ metro manufacturing employees plus engineering talent from the University of Louisville and the statewide “KY FAME” apprenticeship program. Facility Snapshot Total Under Roof: 45,215 SF across 4 buildings on 2.75 acres Zoning: EZ-1 heavy industrial (outdoor storage permitted) Access: 17 drive-in doors up to 24' × 15.5', 30' interior beams for crane rail Utilities: 3-phase power, reinforced slabs, compressed-air lines, fire suppression Site Control: Alley can be vacated to create a fully fenced, contiguous yard; three undeveloped lots for expansion or lay-down Building Details: #1 Main Manufacturing + Office – 22,482 SF (17,598 SF floor, 4,884 SF office) | 10 cranes | 5 motorized doors | 30' beam height | 600 A 440 V power #2 Machine Shop – 7,527 SF | 2 cranes | 4 drive-ins | 15' clear | floor drains | 480 V power #3 Laser & Storage – 11,720 SF + 3,700 SF mezzanine | 2 cranes | 27' beam | freight elevator | dedicated compressor #4 Paint / Finishing – 3,486 SF | licensed paint booth | industrial ventilation | sprinklered | 1-ton crane Location Logistics I-64 on/off ramps – 0.6 mi Downtown CBD – 1 mi Norfolk Southern rail terminal – 2.5 mi UPS Worldport / SDF cargo airport – 7.8 mi Riverport Industrial Park – 12.2 mi River Ridge megasite – 15.4 mi Make Louisville Your Launchpad From overhead cranes to KEIA tax rebates, this campus gives manufacturers everything they need to hit the ground machining, fabricating, or assembling—at a fraction of coastal or gateway-market costs. Investment Highlights Lease Terms: NNN Lease Asking Rate: $4.50/SF/YR $16,039/MO $192,478/YR Minimum Term: 5 Years Escalations: 3% Annually Tenant Improvements: Negotiable Tenant Liabilities: Base Rent Property Taxes Insurance Utilities Repairs & Maintenance

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building 1

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, R&D, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

5

PARKING SPACES

8

LAND DETAILS

LAND ACRES

2.75

LAND SF

119,790

ZONING

EZ-1

APN/PARCEL ID

015K00460000,015K00490000,015K00720000

ASK ABOUT THIS PROPERTY

Stephanie GilezanGilezan Global Brokered by eXp CommercialMore Info
502-817-6484

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Stephanie GilezanGilezan Global Brokered by eXp CommercialMore Info
502-817-6484

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.