Skip To Content
    Return to Previous Page

    161 N Limestone

    Lexington, KY 40507
    • $2,400,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 20020368
    $2,400,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,000
      SQFT
    • $218
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Massive downtown building with panoramic views of the downtown skyline and two of three floors leased out with all NEW triple net leases. The top two floors are 100% renovated. The ground floor is vacant, under construction, but close to completion. The ground floor is the perfect space to lease out to a bar/restaurant/cafe. Strong CAP rate. Located directly across the street from the Federal Court House and Fayette County District and Circuit Court Houses. Some of Lexington's most popular, and still thriving, restaurants and bars are right next door. Transylvania University, law offices, retail, Sayre school, downtown mural walk, and St. Peter and Paul school just to name very few bring a high volume of pedestrian, bicycle, and vehicle traffic all day long. Investors - you don't want to miss this opportunity to own a beautifully revived piece of Lexington's history. Value add rooftop can be converted into a bar or restaurant!

    Monthly Payment Calculator

    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/110593696
    Print Image

    161 N Limestone Lexington, KY 40507

    • Price: $2,400,000
    • Status: Active
    • MLS #: 20020368
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    11,000
    SQFT
    $218
    $/SQFT
    1930
    Built
    Neighborhood:
    Downtown
    County:
    Fayette
    Area:
    Fayette County Ne 2
    Property Description
    Massive downtown building with panoramic views of the downtown skyline and two of three floors leased out with all NEW triple net leases. The top two floors are 100% renovated. The ground floor is vacant, under construction, but close to completion. The ground floor is the perfect space to lease out to a bar/restaurant/cafe. Strong CAP rate. Located directly across the street from the Federal Court House and Fayette County District and Circuit Court Houses. Some of Lexington's most popular, and still thriving, restaurants and bars are right next door. Transylvania University, law offices, retail, Sayre school, downtown mural walk, and St. Peter and Paul school just to name very few bring a high volume of pedestrian, bicycle, and vehicle traffic all day long. Investors - you don't want to miss this opportunity to own a beautifully revived piece of Lexington's history. Value add rooftop can be converted into a bar or restaurant!
    Exterior Features

    Construction Brick Dock Doors 0 Drive In Doors 0 Lot Expansion Sq Ft 0 Roof Type Flat Stories BasementFour

    Interior Features

    Ceiling Open Elevator Capacity 0 Flooring Wood Floors Serviced 3 Miscellaneous Air ConditioningPassenger Elevator Restrooms Mens 3 Restrooms Womens 3 Sq Ft Building 10967 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 0 Sq Ft Warehouse 0 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 0 Credit Losses And Vacancy 0 Current Zoning B-2 Downtown Business Electric 0 Elevator Services 0 Fuel Expense 0 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 0 Janitorial Services 0 Land Lease 0 Lawn Services 0 Less Operating Expense 0 Net Operating Income 0 Occupancy 0 Occupant Type Tenant Other Income 0 Payroll 0 Personal Property Taxes 0 Possession Close Of Escrow Property Insurance 0 Property Management 0 Property Subtype1 Office Property Subtype2 Restaurant Property Subtype3 Mixed Use Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 0 Sale Or Lease Includes Buildings Sewer Sewer ConnectedCity Sewer And Water 0 Sprinklers Wet Tax Rate 1.2777 Telephone 0 Terms Sale Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Utilities On Site Electricity ConnectedWater Connected Water Pipe Size 0

    Listing provided courtesy of Jenny Gregory of Exp Realty, Llc. 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.
     
    https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_20020368-2.jpg https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_20020368-2.jpg https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_20020368-2.jpg
    Logo
    Judd Hisel | Ciara Hagedorn | Better Homes & Gardens Real Estate Cypress
    3221 Summit Square Place, Suite 200
    Lexington KY, 40509