2149 Lexington Road - For Sale

Hospitality for Sale
Sale Pending
Catylist Listing ID: 30868954
Property Subtypes: Hotel
Status: Pending
Number of Units: 40 Units
Building Size (RSF): 16,968 SF
Gross Building Area: See Agent
Gross Land Area: 1.48 Acres
Sale Price: $1,450,000
Unit Price: $36,250 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

40 room hotel on 1.4 acres of B-2 land for sale in Nicholasville Kentucky located between Toyota of Nicholasville and Montgomery Chrysler, Dodge, Jeep Ram. Great opportunity to upgrade and operate a hotel in Central Kentucky. Property sold AS IS.

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Tax ID/APN: 056-00-00-005.25
Zoning: B-2
Retail Clientele: General, Family, Traveler, Tourist
Property Visibility: Good
Largest Nearby Street: Lexington Road
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1998
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Laundry: Shared
Zoning Description: B-2
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 21,781 105,146
Median Age: 36.26 34.89
Households: 8,222 42,405

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