240 E Third St - Office FOR SALE


Lexington, KY 40508- Downtown Lexington
$399,000 USD
859-306-0607
240 E Third St, Lexington, KY for Sale
$399,000 USD
Office - FOR SALE
1/27
null | Request Cap Rate

Nov '25


240 E Third St
Lexington, KY 40508
Downtown Lexington


HIGHLIGHTS

  • $399,000
  • 1,964 Sq. Ft.
  • Two Suites
  • Private access
  • Off Street parking

OVERVIEW

SVN Stone Commercial Real Estate is pleased to present this 1,964-square-foot standalone mixed-use property, ideally located in the heart of downtown Lexington, Kentucky. Zoned B-2, the building accommodates both commercial and residential uses, making it an excellent opportunity for owner-occupants or investors. The property includes two private suites suitable for office or residential use, each featuring its own entrance, hardwood flooring, a full kitchen, and a bathroom. Additional amenities include a fenced yard and off-street parking—rare features in the downtown market. Located at 240 E. Third Street, just blocks from City Center, the property offers walkable access to some of Lexington’s best restaurants, nightlife, and business destinations. Whether you're a small business owner seeking a vibrant location or an investor pursuing a prime asset in a growing urban corridor, this property offers exceptional potential. For more information please contact Gabe Measner at gabe.measner@svn.com // 859.630.7106 or John Bunch, SIOR at john.bunch@svn.com // 859.433.8911.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Stand Alone Office Building FOR SALE

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,045 SF

ZONING

B-2

APN/PARCEL ID

10356500

ASK ABOUT THIS PROPERTY

Gabe MeasnerSVN | Stone Commercial Real EstateMore Info
859-306-0607

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Gabe MeasnerSVN | Stone Commercial Real EstateMore Info
859-306-0607

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