2357 Huguenard Dr - Medical FOR SALE


Lexington, KY 40503- South Lexington
$1,290,000 USD
859-620-5830
2357 Huguenard Dr, Lexington, KY for Sale
$1,290,000 USD
Medical - FOR SALE
1/3
null | 8.11% Cap Rate

2357 Huguenard Dr
Lexington, KY 40503
South Lexington


HIGHLIGHTS

  • Great location
  • Value add, basement level with income potential
  • Strategic location in Lexington area
  • Four units
  • Built in 1998
  • Zoned P-1

OVERVIEW

Introducing a prime investment opportunity in Lexington, KY, offering a 6,840 SF office building with 4 units, meticulously built in 1998. Zoned P-1, this property provides a versatile space ideal for a range of commercial endeavors. The strategic location in the heart of the Lexington area ensures high visibility and accessibility for prospective tenants. Boasting a strong foundation and modern design, this property is poised to accommodate the evolving needs of businesses for years to come. With a proven track record and promising potential, this asset presents an exceptional prospect for investors seeking a solid foothold in the thriving commercial market of Lexington. The building is currently 100% tenant occupied. This location has an additional value add, as the basement of the building has the capability to be rented to create additional income possibilities.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

8.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

P-1

APN/PARCEL ID

19992950

ASK ABOUT THIS PROPERTY

Derrick PlunkettKW CommercialMore Info
859-620-5830

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Derrick PlunkettKW CommercialMore Info
859-620-5830

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