610 Ballard Street For Sale
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30871973 |
| Status: |
Pending/Contingent |
| Number of Units: |
2 Units |
| Building Size (RSF): |
2,640 SF |
| Gross Land Area: |
0.07 SF
|
| Sale Price: |
$425,000 |
| Unit Price: |
$212,500 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
610 Ballard |
| Usable Size (USF): |
2,640 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/8/2024 |
Overview / Comments
|
2,640 square foot R-4 zoned property located Ballard Street in Lexington, Kentucky Just off of Jefferson Street. This building is currently leased to 2 tenants and has 2 large overhead doors and 2 man doors for access to each side. The roof is concrete and can support a second level for additional square footage. Great opportunity for a multi-unit conversion in the desirable Jefferson Street area of Lexington.
|
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
15070300 |
| Zoning: |
R-4- HIGH DENSITY APARTMENT |
| Property Located Between: |
Jefferson and Old Georgtown Street |
| Highway Access: |
I-75 |
| Airports: |
Bluegrass Airport |
| Total Number of Buildings: |
1 |
| Property Condition: |
Average |
| Number of Stories: |
1 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Parking Description: |
7-8 parking spaces |
| Zoning Description: |
R-4 High Density Apartments |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
20,484 |
119,181 |
229,976 |
| Median Age: |
31.12 |
34.16 |
35.65 |
| Households: |
8,830 |
49,204 |
96,519 |
|
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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.
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