1234 ROWAN ST, LOUISVILLE, KY 40203

Positioned in the heart of the rapidly revitalizing Portland neighborhood—just east of Downtown Louisville—this distinctive property offers a rare blend of history, flexibility, and future potential. Formerly home to a Jefferson Community and Technical College-operated Mercedes-Benz training facility, the building has been partially renovated into versatile flex space. In addition, a second-floor area was previously occupied for office use. Beyond the existing improvements, the remainder of the property presents a true unfinished blank canvas—ideal for redevelopment, expansion, or creative repositioning.

Located directly across from the newly completed Waterfront Park West, the site benefits from immediate proximity to one of Louisville’s most exciting public investments. The surrounding Portland neighborhood continues to experience significant residential and commercial growth, making this a strategic location for long-term value.

Rich in historic character and positioned within a dynamic infill area, this property presents an exceptional opportunity for both owner-users seeking a distinctive, character-filled space and investors looking to capitalize on a compelling value-add opportunity. It is priced to sell at less than $40.00 psf.