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    1158 Manchester Street , #1170

    Lexington, KY 40508
    • $6,156,800
    • STATUS: Active
    • ON SITE: 68 days
    • MLS #: 20014337
    UPDATED: 34 min ago
    $6,156,800
    • 0
      BEDS
    • 8.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1935
    County:

    School Ratings & Info

    Description

    Upper 4 floors & acreage of landmark Distillery District building - Pepper Rickhouse. Immediately available for development; ground floor leased. The Pepper Rickhouse was built as the primary bourbon-aging barrel house for the James E. Pepper Distillery. Formerly listed as a fallout shelter for the city of Lexington, the building's hardened 10'' concrete floors, double brick exterior, and upper four floors/acreage offered here represent a substantial shell for redevelopment. Unique Adaptive Reuse zoning allows for residential, hotel, office, restaurant, bar, nightclub, entertainment, etc. in addition to underlying industrial uses (self-storage, breweries, and distilleries). Floor plate is nearly an acre, columns are 19' on center, and ceiling heights range from 15'4'' to 16'. Fully sprinklered. Two existing freight elevators. Listed on the National Register of Historic Places. Historic Tax Credits & New Market Tax Credits a possibility. Broker/LLC manager.

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Judd Hisel | Ciara Hagedorn | Better Homes & Gardens Real Estate Cypress are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
    www.comehometolex.com/homes/107884767
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    1158 Manchester Street , #1170 Lexington, KY 40508

    • Price: $6,156,800
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 20014337
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8.26
    Acres
    1935
    Built
    Neighborhood:
    Commercial
    County:
    Fayette
    Area:
    Fayette County Nw 1
    Property Description
    Upper 4 floors & acreage of landmark Distillery District building - Pepper Rickhouse. Immediately available for development; ground floor leased. The Pepper Rickhouse was built as the primary bourbon-aging barrel house for the James E. Pepper Distillery. Formerly listed as a fallout shelter for the city of Lexington, the building's hardened 10'' concrete floors, double brick exterior, and upper four floors/acreage offered here represent a substantial shell for redevelopment. Unique Adaptive Reuse zoning allows for residential, hotel, office, restaurant, bar, nightclub, entertainment, etc. in addition to underlying industrial uses (self-storage, breweries, and distilleries). Floor plate is nearly an acre, columns are 19' on center, and ceiling heights range from 15'4'' to 16'. Fully sprinklered. Two existing freight elevators. Listed on the National Register of Historic Places. Historic Tax Credits & New Market Tax Credits a possibility. Broker/LLC manager.
    Exterior Features

    Construction BrickConcrete Dock Doors 0 Drive In Doors 0 Lot Expansion Sq Ft 0 Parking 56 Or More SpacesOn SitePavedGravel Roof Type Tar/Gravel Stories Five Or More

    Interior Features

    Ceiling Open Elevator Capacity 4000 Flooring Concrete Floors Serviced 5 Miscellaneous Freight Elevator100/200 Amp200/400 Amp3 Phase Electricity Restrooms Mens 0 Restrooms Womens 0 Sq Ft Building 207900 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 166400 Sq Ft Retail 0 Sq Ft Warehouse 166400 Water Heater Size 0

    Property Features

    Adv License And Permit 0 Annual Rent 0 Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Ceiling Height 15 Credit Losses And Vacancy 0 Current Zoning Adaptive Reuse (I-2) Documents On File SurveyTopographical PlatOther Electric 0 Elevator Services 0 Fuel Expense 0 Gas Pipe Size 2 Gross Operating Income 0 Gross Scheduled Rent Income 0 Janitorial Services 0 Land Lease 0 Lawn Services 0 Lease Type Mixed Less Operating Expense 0 Net Operating Income 0 Occupancy 0 Occupant Type Vacant Other Income 0 Payroll 0 Personal Property Taxes 0 Possession Close Of Escrow Property Insurance 0 Property Management 0 Property Subtype1 Mixed Use Property Subtype2 Hotel/Motel Property Subtype3 Retail Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 0 Sale Or Lease Includes BuildingsLandEquipmentEasements Sewer Sewer ConnectedCity Sewer And Water 0 Sprinklers Dry Tax Rate 1.2777 Telephone 0 Tenant Pays ElectricGasWaterSewerTrash RemovalCam Terms LeaseSale Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Utilities On Site Electricity ConnectedNatural Gas ConnectedWater ConnectedTelephoneOther Water Pipe Size 3

    Listing provided courtesy of Barry Mcnees of Limestone Realty. Listing information © 2020 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Judd Hisel | Ciara Hagedorn | Better Homes & Gardens Real Estate Cypress are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
     
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    Judd Hisel | Ciara Hagedorn | Better Homes & Gardens Real Estate Cypress
    3221 Summit Square Place, Suite 200
    Lexington KY, 40509