# 1007 Franklin Avenue, Lexington, MO 64067 > **TL;DR:** commercial, $159,000, built 1880. Est. $850/mo. Listed 37 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $159,000 | | Year Built | 1880 | | Lot Size | 2,788 sqft (0.06 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 37 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $804 | | Estimated Insurance | $46 | | **Total** | **$850** | ## Property Highlights - Built in 1880 - 0.06 acre lot - 2 stories ## Description ### Agent Description A Downtown Lexington Opportunity Full of Possibilities! If you're looking for a property that offers character, flexibility, and the potential for multiple income streams, take a closer look at 1007 Franklin Avenue. This distinctive two-story, approximately 2,400 sq ft commercial building is located in the heart of Downtown Lexington and is ready for its next chapter. Formerly home to a restaurant, the main level offers a flexible layout with plenty of potential for a restaurant, retail shop, professional office, event space, or a business of your own. The existing kitchen setup, including an exhaust hood, gives the space a head start for a future food-service concept. Upstairs, the second-floor apartment opens the door to additional possibilities: generate rental income, create an owner-occupied space, or incorporate it into your overall business plan. Add in basement storage with a walkout, and you have even more functional space to work with. A newer AC system adds to the property's appeal. At the same time, the combination of commercial space, an apartment, basement storage, and a prime downtown location creates an opportunity to explore multiple income streams under one roof. Whether you have a business dream, an investment strategy, or simply a vision for breathing new life into a downtown property, 1007 Franklin Avenue is ready for its next opportunity. Bring your ideas and see what you can create in the heart of historic Lexington! ## Location - **Address:** 1007 Franklin Avenue, Lexington, MO 64067 - **County:** Lafayette - **Coordinates:** 39.184204, -93.88315 - **Google Maps:** https://www.google.com/maps?q=39.184204,-93.88315 ## Virtual Tour & Media - **Video Tour:** https://www.hommati.com/3DTour-AerialVideo/unbranded/1007-Franklin-Ave-Lexington-Mo-64067--HPI79198818 ## Listing Agent - **Name:** Larry Thomas - **Brokerage:** Keller Williams Realty Platinum Partners - **Broker Phone:** (816) 525-7000 ## Photos ![1007 Franklin Avenue - Photo 1](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f207565111r.jpg) ![1007 Franklin Avenue - Photo 2](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f107732850r.jpg) ![1007 Franklin Avenue - Photo 3](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f1378415369r.jpg) ![1007 Franklin Avenue - Photo 4](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f630959398r.jpg) ![1007 Franklin Avenue - Photo 5](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f889964012r.jpg) ![1007 Franklin Avenue - Photo 6](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3542719904r.jpg) ![1007 Franklin Avenue - Photo 7](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f688788607r.jpg) ![1007 Franklin Avenue - Photo 8](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f2118208055r.jpg) ![1007 Franklin Avenue - Photo 9](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3621882018r.jpg) ![1007 Franklin Avenue - Photo 10](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f159100350r.jpg) ![1007 Franklin Avenue - Photo 11](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f2700635559r.jpg) ![1007 Franklin Avenue - Photo 12](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f1631160462r.jpg) ![1007 Franklin Avenue - Photo 13](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f524318542r.jpg) ![1007 Franklin Avenue - Photo 14](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3221365872r.jpg) ![1007 Franklin Avenue - Photo 15](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f1814023464r.jpg) ![1007 Franklin Avenue - Photo 16](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f4055905758r.jpg) ![1007 Franklin Avenue - Photo 17](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f485900674r.jpg) ![1007 Franklin Avenue - Photo 18](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3816103466r.jpg) ![1007 Franklin Avenue - Photo 19](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3890414098r.jpg) ![1007 Franklin Avenue - Photo 20](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3472379631r.jpg) ![1007 Franklin Avenue - Photo 21](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f749484062r.jpg) ![1007 Franklin Avenue - Photo 22](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f321740744r.jpg) ![1007 Franklin Avenue - Photo 23](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f647456385r.jpg) ![1007 Franklin Avenue - Photo 24](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3518800269r.jpg) ![1007 Franklin Avenue - Photo 25](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f2264509020r.jpg) ![1007 Franklin Avenue - Photo 26](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f2255798679r.jpg) ![1007 Franklin Avenue - Photo 27](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f229201937r.jpg) ![1007 Franklin Avenue - Photo 28](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f1072776862r.jpg) ![1007 Franklin Avenue - Photo 29](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3312152048r.jpg) ![1007 Franklin Avenue - Photo 30](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f1326944858r.jpg) ![1007 Franklin Avenue - Photo 31](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3088423424r.jpg) ![1007 Franklin Avenue - Photo 32](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f3399871052r.jpg) ![1007 Franklin Avenue - Photo 33](http://lh.rdcpix.com/0a43b5d6e39c633a82ddb444152711eel-f84407387r.jpg) --- **MLS#:** 2644124 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1007-franklin-avenue-lexington-mo-64067-0220017ce76f4742a537e95ac10bc58e) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1007-franklin-avenue-lexington-mo-64067-0220017ce76f4742a537e95ac10bc58e#listing", "url": "https://staging.propertysimple.ai/listing/1007-franklin-avenue-lexington-mo-64067-0220017ce76f4742a537e95ac10bc58e", "name": "1007 Franklin Avenue, Lexington, MO 64067", "description": "A Downtown Lexington Opportunity Full of Possibilities! If you're looking for a property that offers character, flexibility, and the potential for multiple income streams, take a closer look at 1007 Franklin Avenue. 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