This bank-owned, commercial property is a rare opportunity to acquire a historic asset in Downtown Louisville, KY. It is priced at a significant discount to appraised value and replacement cost. Located on South Third Street, the building is steps from major redevelopment projects and is perfectly suited for adaptive reuse — whether for office, residential, hospitality, or mixed-use. Constructed circa 1905, the property offers more than 81,000 + square feet of existing space, blending traditional office layouts with distinctive historic features and a multifamily component. It’s a compelling opportunity for investors or developers to capitalize on current momentum in the downtown submarket. With its bank-owned status, this asset offers an accelerated acquisition path and strong upside potential for buyers seeking value and vision. Located in a district undergoing major revitalization, it’s one of Louisville’s premier urban investment opportunities Bank-Owned – below-market pricing 81,000 SF of flexible, mixed-use space Historic structure with original character, built c. 1905 Ideal for owner-users, adaptive reuse, or redevelopment Potential eligibility for Historic Tax Credits Walkable to ample parking, downtown housing, and JCTC’s $90M+ campus investment