395 Elaine Dr - Medical FOR SALE


Lexington, KY 40504- South Broadway Park
$1,650,000 USD
859-224-8833
395 Elaine Dr, Lexington, KY for Sale
$1,650,000 USD
Medical - FOR SALE
1/7
null | Request Cap Rate

395 Elaine Dr
Lexington, KY 40504
South Broadway Park


OVERVIEW

This 7,060 square foot B-1 zoned retail/office building offers a prime opportunity for an owner-occupant or investor. Ideally situated along South Broadway with excellent visibility and strong traffic counts, the property is minutes from downtown Lexington, the University of Kentucky campus, and major hospitals including Baptist Health and UK Hospital. The surrounding area features a wide variety of restaurants, shopping, and professional services, making it highly convenient for tenants and customers alike. The building is currently divided for three tenants with suites of approximately 1,180 SF, 2,995 SF, and 2,836 SF. The 2,836 SF space includes double-door side access for loading/unloading and is presently configured as office with storage and delivery capability. Both end-cap suites of 1,180 SF and 2,836 SF are available for immediate lease, providing flexibility for retail, medical, office, or service-oriented users.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

B-1

APN/PARCEL ID

14858150

ASK ABOUT THIS PROPERTY

Kevin VerhovenThe Gibson CompanyMore Info
859-224-8833

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Kevin VerhovenThe Gibson CompanyMore Info
859-224-8833

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