Downtown Office Investor with Owner Occupant Opportunity

Office for Sale
Catylist Listing ID: 30257534
Property Subtypes: Office Building, Other
Condo? Yes
Building Size (RSF): 23,656 SF
Gross Building Area: See Agent
Sale Price: $2,200,000
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/10/2018

Overview / Comments

Great investment and/or owner occupant opportunity in a Class A office building located in the heart of downtown Lexington. Two of the five floors in this building are being offered for sale as condos with on site deeded parking included. The 2nd Floor is fully leased by four tenants and the entire 4th floor is owner occupied. Depending on the buyer's preference and needs the owner will consider a sale-leaseback for an investor or vacating for an owner occupant/user. This deal could be great for an investor or owner occupant opportunity. Please contact us to discuss your investment and/or office space needs.

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Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Is Condo?: Yes
Zoning: B-2 DOWNTOWN BUSINESS
Site Description: Great Investment and/or owner occupant opportunity Downtown Lexington Two floors of five story building offered for sale Parking spaces on site, deeded with sale Entire 2nd Floor is leased by Four Tenants In place income for investor or owner occupant buyer Current Owner will consider sale -leaseback entire 4th floor or can vacant depending buyers preference Large windows and great views in Downtown Lexington
Area Description: The Bluegrass has been rated as one of America's premier regions by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.
Typical SF / Floor: 11,828 SF
Year Renovated: 2006

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,143 128,490 248,004
Median Age: 29.43 35 35.33
Households: 10,560 54,558 105,176
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