Calvert Building - Downtown Lexington

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30430186
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 2,960 SF
Gross Building Area: See Agent
Sale Price: $740,000
Unit Price: $250 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Calvert Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2019

Overview / Comments

The Calvert Building is a 2-story brick office building located in the middle of downtown Lexington on Short St. This building is approximately 3,000 SF zoned B-2B: Downtown Center Business, which makes it viable for a number of uses including restaurant or retail. The 1st floor consists of a reception/lobby area, 3-4 executive offices, conference room, restroom, and kitchenette. The 2nd floor has additional executive offices and a large conference room/work area, and a restroom. This property is seconds from the reimagined Old Courthouse, Cheapside Pavilion, 21C Museum Hotel, and many restaurants and shoppes.

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 14425400
Zoning: B-2B: DOWNTOWN CENTER BUSINESS
Property Located Between: Upper St. & N. Limestone
Property Visibility: Excellent
Area Description: 115 W. Short St. is located on Short St between N. Upper St. and N. Limestone. Short St. has high pedestrian foot traffic given its close proximity to local dining and shopping and the majority of downtown entertainment destinations.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1920
Construction/Siding: Brick
Zoning Description: B-2B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,588 133,254 238,146
Median Age: 32.09 35.04 35.42
Households: 9,535 55,904 101,043

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