621 Winchester Rd - Showroom FOR SALE


Lexington, KY 40505- East Lexington
$1,700,000 USD
859-306-0617
621 Winchester Rd, Lexington, KY for Sale
$1,700,000 USD
Showroom - FOR SALE
1/10
null | Request Cap Rate

621 Winchester Rd
Lexington, KY 40505
East Lexington


HIGHLIGHTS

  • Size: 1.01 acres
  • Zoning: I-1 (Industrial)
  • Existing Building: 10,162 SF flex space
  • Traffic Count: 23,638 VPD
  • Strategic Location: Adjacent to The MET and Midland Station
  • Nearby Amenities: Restaurants, coffee shops, salons, and retail

OVERVIEW

SVN Stone Commercial Real Estate is pleased to present the opportunity to purchase or lease 1.01 acres of I-1 zoned land, currently improved with a 10,162 SF flex space in the rapidly developing Midland Station corridor of downtown Lexington. This property is situated just 0.2 miles from The MET - a completed development featuring 44 residential units and 30,000 SF of commercial space - and directly across from the proposed Midland Station, a 258-unit mixed-use development. With increasing density and ongoing investment in the area, adjacent parcels are primed for future development. For more information on existing tenants, current income, or the property at large please contact Justin Ryder, CCIM at justin.ryder@svn.com // 859.447.3285. ?? Prospective buyers are kindly requested NOT to visit the property during tenants' business hours.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Flex Space with Development Potential

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.01

LAND SF

43,996

ZONING

I-1

APN/PARCEL ID

10015380

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 Policy.