300-304 Madison Place Lexington, KY $ 1,749,000
300-304 Madison Place
$ 1,749,000
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300-304 Madison Place

Lexington, KY, 40508
$ 1,749,000
Bedrooms-- Baths-- Sq 4,400

Monthly Estimate*

$ 10,911

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Commercial Property for sale in Lexington, KY

for $1,749,000. This 4,400 square foot building was built in 1990 on a lot size of 0.1.

Unique Investment Opportunity in Downtown Lexington! This private campus setting is located on High Street and Madison Place, directly across from Gatton Park and Central Bank Center. Three parcels consisting of 724 West High (incredible carriage house with 2-car garage and office/residence on 2nd level), 300 Madison Place (historic tri-plex with mid- and short-term rental potential) and 304 Madison Place - (an adjoining vacant lot with parking and green space). You can make this your forever estate by converting the triplex to a single family home or maintain its current use as rental property and construct an additional building on the vacant lot at 304 Madison Place. The Properties are zoned R-2. The property offers several off-street parking spaces in addition to the parking in the garage of the Carriage House. Property Highlights: -Outstanding Location -Short & Midterm Rental Potential -Architectural Design -Abundant Off-Street Parking Ideally located in historic Woodward Heights, steps away from the new Amphitheater at Gatton Park, Central Bank Center/Rupp Arena, the central Business District, and local shopping/restaurants!

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Commercial Pending

Price

$ 1,749,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.1

Year Built

1990

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

25009573

Features
General
Roof Shingle
Construction Materials Brick
Year Built 1990
Property Subtype Business
Parcel Number 12546600
Business Type Other Commercial
County Fayette
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Building Features Wood Flooring Partially Carpeted
Status Contingent
Directions Outbound W. High Street left to 724 W. High Street driveway or Madison Place to front street parking first house on left.
City Lexington
Zoning Description R-2
MLS Area 001 - Fayette County NW
Lot Size Units Acres
Lot Size Square Feet 4517.0
Land Lease Y/N N
MLS Area Minor 001 - Fayette County NW
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features On Site Paved
Lot Size Area 0.1
Number of Buildings 2
Building Area Total 4400.0
Lot Size Acres 0.1
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Total Baths 0
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Internal Only
Street Number 1 300304
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* Excluded Features
List By
Block + Lot Real Estate

Broker

clay@balrealestate.com

Email

Affordability Calculator

$10,911
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,911
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2025$1,749,000 Listed Price

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300-304 Madison Place, Lexington, KY, 40508 is a Commercial Property for sale at $1,749,000 with 4,400 sqft and a lot size of 0.1. 300-304 Madison Place was built in 1990. The property's zip code is 40508 which is in Lexington, KY