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$ 1,000,000
Active
400-402 N Limestone Lexington, KY 40508
524 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 524 sqft
Price per Sqft $1,908
Subdivision Downtown
MLS Listing ID 26007013
Year Built 1890
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Mixed Use
Property Description
Great Investment Opportunity in the Heart of Downtown- positioned in a prime downtown location, this versatile property offers incredible potential for investors. Currently configured with four residential units zoned R-4, one commercial space zoned B-1, and 6 off street parking spots and 2 car garage, this asset provides immediate income with strong upside for future development. Situated within walking distance to the courthouse, Transylvania University, Sayre School, lots of restaurants, and the vibrant downtown scene, the location is ideal for both residential and commercial tenants seeking convenience and accessibility. The property also features valuable off street parking, a rare and highly desirable amenity in a downtown setting. A great strategic long term hold in a high demand area, this is a unique opportunity worth exploring. Salon: $1290 per month leased until 2027 2 bedroom up $1600 per month (until June 2026) 1 bedroom up $1600 per month (month to month) 1 bedroom down $1600 per month (month to month) efficiency $1100 per month
Location
State KY
County Fayette
Zoning Other
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Other
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N N
Handicap Access No
Private Pool No
Building
Sewer Public Sewer
Listed by Turf Town Properties
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