146 E Third St - Office FOR SALE


Lexington, KY 40508- Downtown Lexington
$1,750,000 USD
859-338-8800
146 E Third St, Lexington, KY for Sale
$1,750,000 USD
Office - FOR SALE
1/29
null | Request Cap Rate

NEW


146 E Third St
Lexington, KY 40508
Downtown Lexington


HIGHLIGHTS

  • Layout: The first floor offers warm reception space leading into open conference room with large attached library/seating area, and more.
  • The second floor offers large open workspaces, additional bathroom, and wonderfully lit breezeway leading to the rooftop deck.
  • Meticulously Remodeled: The building underwent a complete renovation in 2015, adding modern touches while preserving the original architecture.
  • Upgrades include all new mechanical systems, a new roof, new windows, new rear staircase and an elevator.
  • The building is suitable for a number of professional users and is move in ready. The workable layout also offers flexibility for minor modifications
  • Location: The property is located in the heart of Downtown Lexington surrounded by an abundance of retail, restaurants, and more.

OVERVIEW

Block + Lot is pleased to present an exceptional opportunity to purchase or lease a premier creative office building in the heart of Downtown Lexington. Located at 146 E. Third Street, this property showcases a remarkable historic renovation that blends timeless architectural character with modern design and functionality. Originally constructed in 1840, the two-story building offers appx. 6,848 SF above grade plus an additional 410 SF of finished lower-level space, ideal for storage or supplemental workspace. Upon entry, the first floor greets visitors with original hardwood floors, exposed brick, and contemporary finishes. Highlights include a distinguished boardroom with folding privacy doors, granite counters, and a fireplace that flows seamlessly into a spacious library featuring custom maple cabinetry and quartz countertops. A tiled kitchenette with dishwasher, two restrooms (including a full bath with shower), and direct access to a flexible garage space with a drive-in door further enhance the main level. An elevator and steel-wrapped open stairwell with expansive windows provide convenience and natural light throughout. The second floor is equally impressive, offering vaulted ceilings with exposed joists, generous open work areas with hardwood floors, and abundant daylight. A private sundeck with custom railing offers striking views of the Lexington skyline. Meticulously renovated in 2015, the property features a new roof, HVAC systems, windows, elevator, and porous concrete parking surface. On-site parking includes six dedicated spaces, with ample additional surface parking available nearby. This one-of-a-kind office environment combines historic charm, modern amenities, and a prime location—an unparalleled opportunity for businesses seeking a distinctive Downtown Lexington address.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1840

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B-2A

APN/PARCEL ID

11355625

ASK ABOUT THIS PROPERTY

Clay AngelucciBlock + Lot Real EstateMore Info
859-338-8800

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Clay AngelucciBlock + Lot Real EstateMore Info
859-338-8800

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