Historic Old Louisville office building heads to online auction
08 Nov, 2026 - Tranzon Asset Advisors
BY DAVID WILLIAMS
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LOUISVILLE, Ky. — A historic office building on South Fourth Street in Old Louisville is set to be sold through an online auction this month after Goodwill Kentucky outgrew the space.
The sale is being handled by Tranzon Asset Advisors.
“The history of the place, since the 1960s, has been professional offices. But also in that mix, they’ve had some other uses. For instance, Goodwill had a daycare here.” Edward Durnil, president and CEO of Tranzon Asset Advisors, said.
For more than 20 years, the building served as Goodwill Kentucky’s primary operational headquarters.
A new roof and HVAC system were installed in 2019.
It’s being sold as part of a nonprofit-ordered liquidation of surplus property.
“It’s surplus. They did not need it and they don’t have a use for it,” Durnil said. “So, at this point in time, it’s better to go ahead, get it to the market, get it sold and in a timely fashion. They have had it brokered commercially for some time at a price I think approaching $2 Million. That’s not the reserve, it’s not…the board has the right to accept or reject the final bid. Highly motivated that they want this property sold.”
The two-story building has more than 17,000 square feet of functional space. Thirty-seven on-site parking spaces, private offices, conference space, break rooms, restrooms, a finished basement and more.
The building has an impact on the community. Durni said the area around the building is vibrant and rich in history.
He said they are getting inquiries, including from out-of-state.
“The good news is that this building is going to end up in the hands of a nonprofit or another nonprofit or a professional office,” Durnil said. “We’ve had attorneys groups, we’ve had architectural firms. We’ve had other professional corporate offices inquire on it.”
What about future possibilities for the building? Durnil says professional office makes a lot of sense. He says other possibilities could be multiple tenants, or even maybe even housing.
“That would take obviously some engineering, but that is definitely a possibility on this building,” Durnil said.
Data from the Kentucky Housing Corporation states all 120 Kentucky counties are facing a housing gap.
“It is needed desperately across Kentucky. Affordable and just simply market-rate housing is woefully lacking.” Durnil said.
The future of this historic building, with deep Old Louisville roots is bright.
To learn more about the property and online auction, you can go to the company's website.
The online auction opens at 9 a.m. Monday, Nov. 16, and closes at 3 p.m. Nov. 18.