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About This Home

This 0-bedroom, 0-bathroom commercial at 161 N Limestone in Lexington, KY is listed for $1,825,000 ($249 per sqft). Built in 1930, the home offers 7,343 sqft of living space on a 0.05 acres lot.

Agent Description

Rarely available downtown building with upscale renovations throughout. First Floor owner-occupied by Georgie's Social House with Lease back preference/potential for fresh 5-year term open closing. Second Floor on a recent Lease with 5-year term through October 2030 (Relix Bridal, Inc.): Third floor offers common kitchenette and restrooms with individual office suites that historically lease for $750/month.

Now vacant to accommodate new owner preference as it could be easily converted to a single office space for owner use, or for new single-tenant lease, or to continue as individual office suites which typically lease quickly. Complete renovations in 2020 included new roof, hardwood floors throughout, elevator (coded for private access), new lobby wi

th mail room, 2 kitchenettes, 2 restrooms per floor, new HVAC systems, interior and exterior paint, handicap accessible ramp, and attractive and creative office look on floors 2 and 3 with exposed brick and open ceilings. Location Description: -Prime Downtown Location on popular N Limestone Street @ corner of Church Street -Across from the Courthou

se, making it attractive to attorneys and various office users -Surrounded by downtown staple restaurants like Le Deauville, Corto Y Lima, Pearl's, Lussi Brown Coffee, Jack Brown's, and more Property Highlights: -A classic 3-story building with an elevator, this is one of the most historic buildings in Downtown Lexington -Opportunity for owner occu

pancy, or as investment opportunity given seller lease back potential + recent second floor lease on 5-year term, and potential for quick activiation of new office lease(s) on the third floor -This offering has been intentionally timed and structured to accommodate variety of Buyer preferences - from establishing new owner/use possibilities, buyer preferred tenancies, or toward furthering the existing seller tenancy opportunities

Key Features

  • Built in 1930
  • 0.05 acre lot
  • 3 stories

Property Details

3 stories
1930

Monthly Cost Estimate

$9,760/mo

20% down · 6.5% · 30 years

Principal$1,320
Interest$7,908
Insurance$532

Estimates only. Actual payments may vary.

Location

161 N Limestone

Lexington, KY 40507

Commercial

Property Details

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 161 N Limestone is listed at $1,825,000 ($249/sqft). The estimated monthly payment is $7,908 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.05 acre lot, 3 stories.

This property is listed by Gregory Leveridge and can be reached at 8594218959 or greg@balrealestate.com.

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GL

Gregory Leveridge

Agent at Block + Lot Real Estate

(859) 421-8959

Listed by Block + Lot Real Estate

MLS# 26004750· Source: listhub· Updated 29 days ago

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161 N Limestone, Lexington, KY 40507

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