Rare Adaptive Reuse Opportunity in Downtown Lexington
Retail-Commercial
for Sale
Sale Pending
Also listed as Office, Multi-Family
| Catylist Listing ID: |
30377352 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail
|
| Status: |
Pending |
| Building Size (RSF): |
2,305 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.12 Acres
|
| Sale Price: |
$465,000 |
| Unit Price: |
$201.74 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Saunier Street Livery |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/1/2023 |
Overview / Comments
|
This uniquely beautiful building rests right in downtown Lexington. It was erected between 1890-1896 as a horse & carriage stable. The original Victorian facade still exists along with the ornate masonry structure and wood frame interior. The ground level has appx 2,305 sf with an additional 1,500 SF in the loft. There is an open lot in the rear with appx 2,923 SF. This property is exceptional for adaptive reuse.
|
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
16501702 |
| Zoning: |
B-2A |
| Property Located Between: |
Second St. and Short St. |
| Area Description: |
171 Saunier St is across from Broadway Christian Church and sits between W. Short St. and Second St. with easy access to N. Broadway. |
| Total Number of Buildings: |
1 |
| Property Condition: |
Poor |
| Year Built: |
1890 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Sprinklers: |
None |
| Zoning Description: |
DOWNTOWN FRAME BUSINESS |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
18,767 |
131,540 |
232,019 |
| Median Age: |
32.13 |
34.52 |
35.59 |
| Households: |
8,219 |
54,526 |
98,372 |
|
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