520 Booker St - Retail FOR SALE


Lexington, KY 40508- Georgetown
$595,000 USD
859-306-0607
520 Booker St, Lexington, KY for Sale
$595,000 USD
Retail - FOR SALE
1/15
null | Request Cap Rate

NEW


520 Booker St
Lexington, KY 40508
Georgetown


HIGHLIGHTS

  • 3,600± SF total across two buildings
  • Zoned B-1 Neighborhood Business
  • 8 total suites (mix of residential and office)
  • On-site parking
  • 5/8 units leased with value-add potential
  • Close proximity to UK campus, downtown, and Newtown Pike corridor

OVERVIEW

SVN Stone Commercial Real Estate is pleased to present this retail/mixed-use investment opportunity located at 520 and 528 Booker Street in Lexington, Kentucky. Zoned B-1 (Neighborhood Business), these two adjacent buildings offer a combined 3,600± SF of space with on-site parking and frontage along a Newtown Pike, just minutes from downtown Lexington and the University of Kentucky. The property includes a total of eight individual suites, currently used for retail and office-type tenancy, offering flexibility for future retail, office, or service-based commercial users. With five out of eight units currently leased, the property provides stable income with value-add potential for a new owner. 520 Booker Street has one available unit and 528 Booker has two vacant suites ready for immediate occupancy. The current tenant mix and B-1 zoning support a variety of permitted uses including boutique retail, professional office, salon, or studio uses. Whether you're an investor seeking stabilized returns with upside or an owner-user looking to occupy a portion of the space while generating income, this is a versatile asset in a growth area of Lexington. For more information or to schedule a private tour, please contact: For more information please contact Gabe Measner at 859.630.7106 | gabe.measner@svn.com

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B-1

APN/PARCEL ID

15509400

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.