161 N Limestone Lexington, KY $ 1,825,000
161 N Limestone
$ 1,825,000
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161 N Limestone

Lexington, KY, 40507
$ 1,825,000
Bedrooms-- Baths-- Sq 7,343

Monthly Estimate*

$ 11,237

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Commercial Property for sale in Lexington, KY

for $1,825,000. This 7,343 square foot building was built in 1930 on a lot size of 0.05.

Rarely available downtown building with upscale renovations throughout. First Floor owner-occupied by Georgie's Social House with Lease back preference/potential for fresh 5-year term open closing. https://georgieslexington.com Second Floor on a recent Lease with 5-year term through October 2030 (Relix Bridal, Inc.): https://relixbridal.com Third floor offers common kitchenette and restrooms with individual office suites that historically lease for $750/month. Now vacant to accommodate new owner preference as it could be easily converted to a single office space for owner use, or for new single-tenant lease, or to continue as individual office suites which typically lease quickly. Complete renovations in 2020 included new roof, hardwood floors throughout, elevator (coded for private access), new lobby with mail room, 2 kitchenettes, 2 restrooms per floor, new HVAC systems, interior and exterior paint, handicap accessible ramp, and attractive and creative office look on floors 2 and 3 with exposed brick and open ceilings. Location Description: -Prime Downtown Location on popular N Limestone Street @ corner of Church Street -Across from the Courthouse, making it attractive to attorneys and various office users -Surrounded by downtown staple restaurants like Le Deauville, Corto Y Lima, Pearl's, Lussi Brown Coffee, Jack Brown's, and more Property Highlights: -A classic 3-story building with an elevator, this is one of the most historic buildings in Downtown Lexington -Opportunity for owner occupancy, or as investment opportunity given seller lease back potential + recent second floor lease on 5-year term, and potential for quick activiation of new office lease(s) on the third floor -This offering has been intentionally timed and structured to accommodate variety of Buyer preferences - from establishing new owner/use possibilities, buyer preferred tenancies, or toward furthering the existing seller tenancy opportunities

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Commercial Active

Price

$ 1,825,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.05

Year Built

1930

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26004750

Features
General
Possession Close Of Escrow
Zoning Other
Construction Materials Brick
Year Built 1930
Property Subtype Retail
Parcel Number 10940300
Business Type Retail Professional/Office Commercial
County Fayette
New Construction N
Property Type Commercial Sale
Subdivision Name Commercial
Building Features Wood Flooring
Status Active
Directions N. Limestone on the left on the corner of Church Street across from the Courthouses.
City Lexington
Zoning Description B-2B
MLS Area 001 - Fayette County NW
Lot Size Units Acres
Lot Size Square Feet 2252.0
Land Lease Y/N N
MLS Area Minor 001 - Fayette County NW
Leasable Area 7343.0
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Size Area 0.05
Number of Buildings 1
Building Area Total 7343.0
Lot Size Acres 0.05
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Total Baths 0
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Internal Only
Street Number 1 161
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* Excluded Features
List By
Block + Lot Real Estate

Broker

greg@balrealestate.com

Email

Affordability Calculator

$11,237
Per Month
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0%
0%
Monthly Principal & Interest
$11,237
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/12/2026$1,825,000 Listed Price

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161 N Limestone, Lexington, KY, 40507 is a Commercial Property for sale at $1,825,000 with 7,343 sqft and a lot size of 0.05. 161 N Limestone was built in 1930. The property's zip code is 40507 which is in Lexington, KY