Catylist ID:
#30873140
| Catylist Listing ID: | 30873140 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 7,272 SF |
| Gross Land Area: | 0.24 Acres |
| Sale Price: | $1,450,000 |
| Unit Price: | $199.39 PSF |
| Property Use Type: | Vacant/Owner-User |
| Class of Space: | Class A |
| Usable Size (USF): | 7,272 SF |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/3/2024 |
Overview / Comments
|
On behalf of Ann Greely Interiors, Inc., Block+Lot is pleased to bring to market 497 E. Main Street in Lexington, KY. The property features a 7,272 SF free-standing three-story building originally constructed around 1890, renovated and expanded in 1997, and sits on 0.24 acres zoned B-2A (Downtown Frame Business). The building offers a multitude of office, conference, showroom, break room/kitchenette, storage options and the flexible zoning creates opportunity for professional office, retail, and/or a residential conversion. The building comes with approximately 8 parking spaces with several additional parking options in close vicinity, a basement (not included in SF), monument signage, a freight elevator in the storage wing, and several built-ins. The building had a new roof installed and was freshly painted in 2023. Property Highlights: - Free standing office/retail - New roof & paint in 2023 - Flexible zoning uses - A+ location - High visibility and monument signage - Well-maintained |
Attachments & Media
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Fayette |
| Tax ID/APN: | 16213475 |
| Zoning: | B-2A |
| Property Visibility: | Excellent |
| Highway Access: | New Circle Road - 2.2 miles; Interstate 75/64 - 2.5 miles |
| Airports: | Blue Grass Airport - 8 miles |
| Area Description: | 497 E. Main Street is located on the east end of Lexington's Central Business District in close proximity to the Kenwick, Ashland, and Chevy Chase neighborhoods. Fronting E. Main Street, the property enjoys direct traffic counts of 31,393 cars/day with outstanding nearby amenities such as dining, shopping, and financial institutions. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Year Built: | 1890 |
| Year Renovated: | 1997 |
| Parking Type: | Surface |
| Parking Description: | Paved surface parking adjacent to the building - about 8 spaces. |
| Total Parking Spaces: | 8 |
| Freight Elevators: | 1 |
| Zoning Description: | Downtown Frame Business |
| Lot Frontage: | 121 Feet |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 25,306 | 121,604 | 258,774 |
| Median Age: | 31.22 | 34.96 | 35.07 |
| Households: | 9,823 | 53,066 | 109,446 |
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