507 E 3rd St - Warehouse FOR SALE


Lexington, KY 40508- Ohio/Chestnut Street
$895,000 USD
859-413-4913
507 E 3rd St, Lexington, KY for Sale
$895,000 USD
Warehouse - FOR SALE
1/46
null | Request Cap Rate

NEW


507 E 3rd St
Lexington, KY 40508
Ohio/Chestnut Street


HIGHLIGHTS

  • close to I64 & I75, close to downtown, shopping and the legacy trail
  • high traffic cut thru to downtown Lexington
  • Close to Transylvania University and the University of Kentucky

OVERVIEW

This building is located at 507 East 3rd Street between Midland Ave and Limestone Street which is recognized as the Eastern Gateway to Downtown Lexington The 6300± sqft building is concrete block and brick construction. Concrete floors with updated luxury vinyl flooring on the front half of the building. Brick and Block interior walls give it charm with an open floor divided by one wall in the center. It has ceiling fans, 1 bathroom, and rollup garage door. The building has all new windows and doors in front in 2025. Parking in rear as well as parking in the front of the building on 3rd Street. Grinstead St behind the building is one way and low traffic which also can be used for parking. The current successful business has been there since 1992. The building is being sold unoccupied. The building is zoned B-1 neighborhood business which would include retail, office, medical and dental, education and arts, service businesses, childcare, community space, etc. CALL FOR AN APPOINTMENT TO VIEW THE PROPERTY

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

9 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16

LAND SF

6,970

ZONING

B-1

APN/PARCEL ID

14069700

ASK ABOUT THIS PROPERTY

Dennis GibbsAnother Man's Treasure, Inc.More Info
859-413-4913

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Dennis GibbsAnother Man's Treasure, Inc.More Info
859-413-4913

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