Downtown Garage For Sale

Industrial for Sale
Sale Pending/Contingent
Also listed as Office, Retail-Commercial
Catylist Listing ID: 30675635
Property Subtypes: Flex Space, Mixed Use, Light Industrial, Office Showroom, Self Storage, Other
Status: Pending/Contingent
Building Size (RSF): 4,400 SF
Gross Building Area: See Agent
Sale Price: $625,000
Unit Price: $142.05 PSF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2021

Overview / Comments

We are excited to present this unique offering in Downtown Lexington at 262-264 E. Vine St. This 4,400 SF building is in an Opportunity Zone and located in the Downtown Management District. The flexible B-2 zoning allows for residential, office, or retail. The property has 2 drive in doors and two entrance doors. There is a possibility of building on top of the property for additional floors or square feet.

Property Highlights:
• Location
• Unique
• Flexible Zoning
• Opportunity Zone
• Located in Management District
• Air Rights

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10015300
Zoning: B-2
Area Description: Located on Vine St. near the intersection of Rose St. and Vine St. with easy access to shopping and dining and minutes away from Rupp Arena and the Convention Center.
Tenancy: Single Tenant
Year Built: 1948
Zoning Description: Downtown Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,400 127,310 250,248
Median Age: 29.4 35.04 35.28
Households: 10,259 54,099 106,056


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