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507 E 3rd St

6,300 SF Industrial Building Lexington, KY 40508 $850,000 ($135/SF)

Investment Highlights

  • Major corridor to downtown with high visability
  • Open plan with exposed brick
  • Surrounded by lots of new and redevelopment

Executive Summary

Welcome to 507 E 3rd St, a unique retail opportunity in the heart of Lexington, KY.
Property Highlights:
Location: Situated in a vibrant neighborhood, this property is just minutes from downtown Lexington, providing excellent visibility and foot traffic.
Space: The building features a spacious layout with high ceilings, large windows, and an open floor plan, perfect for a variety of retail uses.
Neighborhood: Surrounded by local businesses, restaurants, and residential areas, ensuring a steady stream of potential customers.
This property is perfect for entrepreneurs looking to establish a presence in a thriving community. Don’t miss out on this exceptional opportunity to grow your business. Also available for lease.

Property Facts

Price $850,000
Price Per SF $135
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront
  • Industrial Service
  • Office Office Residential
Building Class C
Lot Size 0.16 AC
Rentable Building Area 6,300 SF
No. Stories 1
Year Built 1948
Tenancy Single
Parking Ratio 0.63/1,000 SF
No. Drive In / Grade-Level Doors 1
Cross Streets Race St

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score ®
Very Walkable (75)
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
14069700
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$288,000

zoning

Zoning Code B-1 (Business)
B-1 (Business)
  • Listing ID: 33584107

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 507 E 3rd St, Lexington, KY 40508

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