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1951 N Broadway
Lexington, KY 40505

Retail Property For Lease

Highlights

  • 2,600 SF recently renovated restaurant on a 1.3-acre lot
  • Located conveniently off Interstates 75/64
  • Zoning allows for a multitude of uses
  • Fully-equipped kitchen equipment is included

PROPERTY FACTS

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 2,600 SF
Year Built 1968
Parking Ratio 6.92/1,000 SF
Cross Streets Haggard Ln

About the Property

Block+Lot is excited to offer 1.3 acres of flat, retail land off of N. Broadway for lease or for sale. The property is conveniently located just off Interstates 75/64 and only 0.8 miles from Downtown Lexington, and is conducive to redevelopment or to be used as is. The 2,600 SF restaurant is available for lease and with many recent improvements is in excellent condition, ready for a new restaurant to take over as second generation restaurant space. All fully-equipped kitchen equipment is included. Immediately surrounding the site is a Shell gas station, Marathon gas station, and Days Inn and Suites. There are approximately 26,600 avg. cars/day on N. Broadway. The property is zoned B-5P (Interchange Business) making it ideal for many retail uses including restaurants and convenience stores, hospitality, and gas/automotive service stations. The former Transylvania University Baseball fields were recently purchased, and upon approval, will be transformed into an affordable housing development featuring homes, apartments, and possibly townhomes on the 12.5-acre property. Learn more: https://amp.kentucky.com/news/local/counties/fayette-county/article286728455.html This offering is also available for sale at $1,375,000.

  • Freeway Visibility
  • Pylon Sign
  • Drive Thru
  • Air Conditioning
  • Listing ID: 30733308

  • Date on Market: 1/23/2024

  • Last Updated:

  • Address: 1951 N Broadway, Lexington, KY 40505

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