451 S Ashland Ave - Freestanding FOR SALE


Lexington, KY 40502- Southeast Lexington
$975,000 USD
859-306-0617
451 S Ashland Ave, Lexington, KY for Sale
$975,000 USD
Freestanding - FOR SALE
1/22
null | Request Cap Rate

NEW


451 S Ashland Ave
Lexington, KY 40502
Southeast Lexington


HIGHLIGHTS

  • 1,355 SF is storefront / showroom / office; 354 SF is a fully climate-controlled garage / storage; totaling 1,709 SF on street level
  • Space includes private office, walk-out porch, restroom and garage
  • Floor to ceiling windows provide plenty of natural light overlooking Lexington’s historic Chevy Chase
  • 913 SF upstairs is rentable 3-bedroom apartment with modern finishes and new appliances. Perfect for young professionals, Airbnb, or VRBO
  • Building provides highly visible signage opportunities
  • Prime location centered around high-end restaurants and local boutique shopping

OVERVIEW

SVN Stone Commercial Real Estate is pleased to present a one-of-a-kind 2,622 SF mixed use property in the heart of Lexington’s historic Chevy Chase business district. This turnkey opportunity provides your business/office a visible corner lot with high-end modern finishes. Behind the massive windows overlooking the neighborhoods and business district, you’ll find a private office, restroom, temperature-controlled garage, and a sunlit showroom and retail space that walks out onto a porch. The street level space has a private parking lot and is accessed by front and side door. Upstairs you’ll find a 913 SF residence or investment unit perfect for living, renting, or Airbnb. Spacious rooms and great view, with new appliances. Owner-occupant can live above their business or rent to create an income stream above their business. Based on zoning, whole property can be used as business/retail if need be. Please contact Justin Ryder at 859-447-3285 or Justin.Ryder@SVN.com to set up a private tour.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

High End Mixed Use Property in Chevy Chase

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

CROSS STREETS

Euclid Ave

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

B-1

APN/PARCEL ID

15907690

ASK ABOUT THIS PROPERTY

Justin RyderSVN | Stone Commercial Real EstateMore Info
859-306-0617

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Justin RyderSVN | Stone Commercial Real EstateMore Info
859-306-0617

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