741 Price Avenue

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30869797
Property Subtypes: Flex Space, Warehouse/Distribution
Building Size (RSF): 15,000 SF
Gross Land Area: 0.31 Acres
Sale Price: $1,650,000
Unit Price: $110 PSF
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 15,000 SF
Sale Terms: Cash to Seller
Last Updated: 4/1/2024

Overview / Comments

Block+Lot is excited to bring to market 741 Price Avenue in Lexington, KY, a rare, downtown flex building with I-1 zoning. The building is a well-built, brick, two-story warehouse/office located off of N. Broadway on Price Avenue. The first floor features a large showroom area with hardwood floors, a kitchen, 2 baths, a freight
elevator, and 1 drive-in door with the option of 3 additional doors. The second floor is wide open space with an arched truss ceiling and pine flooring.

Property Highlights:
- Creative flex space with both warehouse and office space
- Beautiful Barrel Trusses
- Wood floors and exposed brick
- Major recent improvements, including a new roof, new windows, new electric, new pavement, and a new fence
- 20+ parking spaces on-site

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 15289500
Zoning: I-1 LIGHT INDUSTRIAL
Site Description: The property is seconds from West Sixth Brewery in a rare industrial pocket in Downtown adjacent. Directions are: North Broadway outbound to left on West Sixth Street to right on Price Avenue. Property is located at the end of the street on the left.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1905
Year Renovated: 2024
Construction/Siding: Brick
Exterior Description: Brick, two-story building with windows and new pavement featuring 20+ parking spaces
Parking Type: Surface
Parking Description: Newly paved surface parking on-site
Total Parking Spaces: 20
Freight Elevators: 1
Zoning Description: Light Industrial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,200 105,690 209,010
Median Age: 36.24 33.86 35.6
Households: 5,281 44,090 87,407
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