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    426 Codell Drive

    Lexington, KY 40509
    • $580,000
    • STATUS: Active
    • ON SITE: 1264 days
    • MLS #: 1800179
    UPDATED: 46 min ago
    $580,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,648
      SQFT
    • $159
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2002
    County:

    School Ratings & Info

    Description

    Two Story Office Building in Excellent Condition, approximately 1,824 SF per floor. Ground Floor Medical Fit up includes 5+ exam rooms with sinks and medical fit up, 2 restrooms, reception area, and certified'' compliant x-ray room- Owner occupied and Seller will vacate upon a sale which presents a great owner/occupant opportunity for a medical user, or the opportunity to lease the space out as an investment. Second Floor configured as two office suites, one of which is leased and is approx. 1,190 SF. Inquire with agent for lease information. Large basement, great for storage. Expansive Parking Lot with approximately 25 spaces. 2006 Appraisal available upon request, $600,000 valuation. Using a 3.75% interest rate, on a 20-year commercial loan with 20% down, the monthly mortgage would be under $2,700/Month. If you were to rent the medical suite for $17.00/SF, rent for that space alone would be appx. $2,500/Month. Three Tenant Building with two vacancies, inquire with Agent for details.

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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/79695793
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    426 Codell Drive Lexington, KY 40509

    • Price: $580,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: 1800179
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    3,648
    SQFT
    $159
    $/SQFT
    2002
    Built
    Neighborhood:
    Commercial
    County:
    Fayette
    Area:
    Fayette County Ne 2
    Property Description
    Two Story Office Building in Excellent Condition, approximately 1,824 SF per floor. Ground Floor Medical Fit up includes 5+ exam rooms with sinks and medical fit up, 2 restrooms, reception area, and certified'' compliant x-ray room- Owner occupied and Seller will vacate upon a sale which presents a great owner/occupant opportunity for a medical user, or the opportunity to lease the space out as an investment. Second Floor configured as two office suites, one of which is leased and is approx. 1,190 SF. Inquire with agent for lease information. Large basement, great for storage. Expansive Parking Lot with approximately 25 spaces. 2006 Appraisal available upon request, $600,000 valuation. Using a 3.75% interest rate, on a 20-year commercial loan with 20% down, the monthly mortgage would be under $2,700/Month. If you were to rent the medical suite for $17.00/SF, rent for that space alone would be appx. $2,500/Month. Three Tenant Building with two vacancies, inquire with Agent for details.
    Exterior Features

    Parking 21 - 35 Spaces Stories Two

    Interior Features

    Building Square Footage 3648

    Property Features

    Business Type Professional/Office Current Zoning P-1 Tax Rate 1.2174 Terms Sale

    Listing provided courtesy of Gregory Leveridge of Block + Lot Real Estate. Listing information © 2021 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