1301 W Main Street Lexington, KY 40508

$6,505,000
1301 W Main Street, Lexington, KY 40508
1818058

Commercial Property for sale in Lexington, KY

for $6,505,000. This 314,800 square foot building was built in 1931 on a lot size of 36.14 Acre(s).

Property Information

  • $6,505,000
  • Commercial
  • 314,800 Square Feet
  • Industrial
  • Active
  • Lot size of 36.14 Acre(s)
  • Built in 1931
  • Lexington, KY
  • Meadowthorpe Neighborhood
  • Fayette County
  • MLS/Web ID is 1818058
  • Just Listed

Description

126, 000 SF Primary Industrial, Distribution/Warehouse Facility & 188, 800 SF in wood framed warehouses, Site Size: 36.14 Acres, Zoning: I-1 (Light Industrial), Property Type: Industrial/Land, 22.44 Acres Available for Development, 210, 000 SF of concrete paving, 20-30 foot wide driveway running along the west side of the property line, two truck turn around areas, rail spur along east property line. Highlights: Can be purchased in a portfolio with 255 S. Forbes Road-$10, 730, 000 , 126, 000 SF leased to McLane Midwest, 188, 800 building SF in secondary buildings plus previously razed buildings on approximately 30.44 acres underwritten as land value, Rare industrial opportunity with additional land in the Lexington market, Multi-family, residential, mini-storage, flex redevelopment potential, Property offers billboard signage along W. Main Street.

Miscellaneous 1

Occupied

  • Tenant

† Excluded Feature

Listed By

Broker: BLOCK + LOT REAL ESTATE

1301 W Main Street, Lexington, KY, 40508 is a Commercial Property for sale at $6,505,000 with 314,800 sqft and a lot size of 36.14 Acre(s). 1301 W Main Street has 0.0 baths and was built in 1931. The property's zip code is 40508 which is in Lexington, KY

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in Lexington $585,670 91 % below $319,900 95 % below
Commerical listings in Lexington $1,673,915 74 % below $600,000 91 % below

Get the facts about Lexington, KY!

Population 309,571
Population Growth (since 2000) 19 %
Median Income $49,858
Median Age 34.93
Households w/ Children 27 %

Residential Dwellings

  • Owned 72258
  • Vacant 11425
  • Rented 56664

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363