$825,000
$999,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
5,415 SqFt
SOLD DATE : 04/14/2026
Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,415 sqft
Price per Sqft $152
Subdivision Downtown
MLS Listing ID 25503525
Sold Date 04/14/26
Year Built 1949
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Mixed Use
Property Description
Discover a rare opportunity to own a mixed-use property in the vibrant core of Downtown Lexington. This well-maintained building features two street-level retail spaces and three residential apartments. Retail units are currently leased to stable, long-term tenants in a high visibility area with heavy foot traffic and strong downtown exposure. The apartments were updated in 2019 and are ideal for short term or long term rentals. Property Highlights: Excellent downtown location near restaurants, entertainment, Rupp Arena and University of Kentucky campus. High walkability and easy access to public parking. Strong rental history and consistent cash flow. This property offers the best of both worlds — reliable commercial income from established tenants and flexible residential units in a thriving rental market. Perfect for investors seeking stable returns, appreciation potential, and short-term rental upside in one of Lexington's most desirable districts.
Location
State KY
County Fayette
Zoning Other
Exterior
View Y/N N
Handicap Access No
Private Pool No
Building
New Construction No
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