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: 5/6/2024

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
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

View FullscreenMap

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
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.