1200 N Limestone - Storefront Retail/Office FOR SALE


Lexington, KY 40505- East Lexington
$685,000 USD
859-327-7261
1200 N Limestone, Lexington, KY for Sale
$685,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

1200 N Limestone
Lexington, KY 40505
East Lexington


HIGHLIGHTS

  • 3,120 SF retail/street retail property built in 1945 with 100% occupancy
  • Zoned B-1, offering a high-traffic, high-visibility location ideal for investors
  • Strong and consistent rental history, providing immediate income and stability
  • Situated in the vibrant Noli neighborhood, surrounded by locally-based restaurants, boutique shops, and service businesses
  • Excellent street exposure and accessibility, benefiting from nearby residential and commercial areas

OVERVIEW

Introducing a prime investment opportunity in Downtown Lexington, KY. This 3,120 SF, 1945-built property offers 100% occupancy in a sought-after B-1 zoned area. With one unit, this retail/street retail space is a remarkable find for investors seeking a high-traffic, high-visibility location. Boasting a strong and consistent rental history, this property presents an excellent chance to capitalize on the increasing demand for retail space in this vibrant area. Located in the Noli neighborhood, the property is surrounded by a strong, locally-based business hub featuring popular restaurants, boutique shops, and service-oriented businesses. This central location benefits from heavy foot traffic, excellent street visibility, and easy access to surrounding residential and commercial areas, making it highly desirable for both tenants and investors. Don’t miss this opportunity to acquire a valuable asset in one of Lexington’s most dynamic retail corridors. *** Out of courtesy to ownership and staff, please avoid direct contact with the tenant. No drop-ins will be permitted a tour. Showings will be arranged by appointment only while normal business operations continue. ***

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

For Sale: Prime NoLi Retail / Office Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B-1

APN/PARCEL ID

10444400

ASK ABOUT THIS PROPERTY

Rachel RiddSVN | Stone Commercial Real EstateMore Info
859-327-7261

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Rachel RiddSVN | Stone Commercial Real EstateMore Info
859-327-7261

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.