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302 W High St

2,864 SF Vacant Office Building Lexington, KY 40507 $998,500 ($349/SF)

Investment Highlights

  • Fabulous historic building in the epicenter of downtown with less than a minute walk to Rupp Arena
  • Fully renovated and income producing
  • Coveted and versatile B2B zoning

Executive Summary

Welcome to a one-of-a-kind property nestled in the heart of Lexington's historic downtown district. This exceptional space seamlessly combines charm and modernity, making it a true gem. The main level serves as a vibrant hub of activity, featuring a chic salon, an upscale boutique, and a serene spa. This fully operational and successful establishment is ready for its new owner to let their imagination run wild. With the existing and incredibly valuable B-2B zoning, this fully renovated building offers a unique experience, attracting both locals and visitors seeking relaxation and style in a historic setting.
The elegance doesn't stop there. Venture to the second level, where a fully renovated Airbnb awaits. This inviting space blends contemporary comforts with the building's historic charm, providing guests with a memorable stay. Whether they are here for a peaceful retreat or an urban adventure, they'll be perfectly situated to explore the historic surroundings and vibrant local culture. Perched perfectly adjacent to Rupp Arena, this chic and charming Airbnb is a proven fan favorite. Continue to lease the second level; or keep it for yourself as a primary or vacation home. The possibilities are endless.
This property is not just a place of business; it's a destination in its own right. With its prime location and diverse offerings, it's poised to be a cornerstone of the community, catering to both residents and tourists alike. Discover the perfect synergy of commerce and hospitality in this unique downtown property.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,864 SF
Building Class
B
Year Built
1930
Price
$998,500
Price Per SF
$349
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,432 SF
Building FAR
0.82
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
B-2B - Residential and Business Uses Promoting General Economic Health and Tourism - Includes AirBnB

Amenities

  • Air Conditioning
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12987500
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$425,000
  • Listing ID: 33549665

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 302 W High St, Lexington, KY 40507

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