1040 Manchester Street Lexington, KY $ 1,250,000
1040 Manchester Street
$ 1,250,000
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1040 Manchester Street

Lexington, KY, 40508
$ 1,250,000
Bedrooms-- Baths-- Sq 11,578

Monthly Estimate*

$ 7,696

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Commercial Property for sale in Lexington, KY

for $1,250,000. This 11,578 square foot building was built in 1976 on a lot size of 0.8.

We are pleased to present this exceptionally updated and maintained Flex building located in the heart of the highly desirable Manchester Street corridor in Central Lexington. The building size at 11,578 SF on approximately 1 acre is very much in demand in this market, and consistently low in supply. As well, the division of office to warehouse is conducive to many business needs who can step right in and enjoy polished office space, cubicle rooms, multiple conference rooms, interior restrooms on each floor, copy room, and a warehouse space in the rear with loading dock access and lot accessibility that allows for large truck deliveries and pick ups. Other perks include two walk in coolers (455 SF and 375 SF), Kohler diesel back up generator that powers the entire building, 400 amp power, detached warehouse, and detached garage. The property also benefits from a central location in a highly desirable corridor that will appeal to a variety of flex users whether they are a local or regional business, benefiting from proximity to New Circle Road, Downtown Lexington, and interstate access. Additionally, extensive improvements from 2014 and optimal upkeep over the years signal a lack of deferred maintenance providing reassurance to buyers looking for a solid investment for their own preferred use accommodate the time and deal structure necessary for such a pursuit. -Constantly high in demand / low in supply offering -Light Industrial zoning (I-1) with Adaptive Reuse Zoning Overlay -Just under 1 acre with generous access and parking areas for delivery -Central Lexington Location just off Downtown in Lexington's booming Distillery District -Adaptive Reuse Zoning Overlay for added use flexibility -Close proximity to New Circle Road, Downtown, and Interstate access -This property is enrolled in Kentucky's Brownfield Program.

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Commercial Pending

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 0

Style

Industrial

Lot Size

0.8

Year Built

1976

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26010653

Features
General
Possession Close Of Escrow
Roof Shingle
Zoning Other
Construction Materials Block
Year Built 1976
Property Subtype Industrial
Parcel Number 14101654
Business Type Warehouse Industrial
County Fayette
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Status Contingent
Directions Manchester Street outbound the property will be on your left.
City Lexington
Zoning Description I-1 Light Industrial
MLS Area 001 - Fayette County NW
Lot Size Units Acres
Lot Size Square Feet 34848.0
Land Lease Y/N N
MLS Area Minor 001 - Fayette County NW
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
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 0.8
Number of Buildings 3
Building Area Total 11578.0
Lot Size Acres 0.8
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
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 1040
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* Excluded Features
List By
Block + Lot Real Estate

Broker

greg@balrealestate.com

Email

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$7,696
Per Month
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Monthly Principal & Interest
$7,696
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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
5/12/2026$1,250,000 Listed Price

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1040 Manchester Street, Lexington, KY, 40508 is a Commercial Property for sale at $1,250,000 with 11,578 sqft and a lot size of 0.8. 1040 Manchester Street was built in 1976. The property's zip code is 40508 which is in Lexington, KY