Louisville Heavy Industrial Campus For Sale

1604 Northwestern Pkwy Louisville, KY 40203

1604 Northwestern Pkwy, Louisville, KY, 40203
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FOR SALE
Property Type:
Industrial
Amount:
$2,750,000
Last Verified:
Jul 08, 2025

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Description

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

Located in Louisville, KY, this prime area offers easy access to nearby manufacturing and distribution facilities, as well as major transportation routes. With the close proximity to the UPS Worldport and Kentucky International Airport, the location presents a strategic advantage for Industrial / Flex Space investors seeking a dynamic operational base.


Year Built: 1938
Building Size: 42773sq ft
Lot Size: 2.75 acres

Map of 1604 Northwestern Pkwy, Louisville, KY, 40203

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.