177 Burt RdLexington, KY 40503

For Sale
$2,495,000

13,004 SF Medical Office, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 13,004-square-foot medical office building in Lexington, Kentucky, presents a compelling investment opportunity. Located at 177 Burt Rd, this single-story, Class B building sits on a 1.33-acre lot and is zoned P-1 for Professional Office use. Currently, the building has a 33% occupancy rate with two tenants, offering approximately 8,670 square feet available for lease under a modified lease agreement. The property boasts ample parking and enjoys a prime location, just half a mile from Baptist Health Hospital, two miles from the University of Kentucky campus, three miles from downtown Lexington, and five miles from Blue Grass Airport. Its proximity to retail, restaurants, and other medical offices makes it an ideal location for a variety of medical and professional businesses. The asking price for this multi-tenant property is $2,495,000. The building's strategic location, combined with its size and available lease space, presents a strong potential for increased revenue and return on investment. This is a rare opportunity to acquire a well-situated medical office building in a thriving Kentucky market.

Highlights

  • 13,004 SF medical/office building on 1.33 acres, for sale at $2,495,000.
  • Excellent location near retail, restaurants, and other medical/office buildings.
  • 8,670 SF available for lease.
  • Conveniently located near Baptist Health Hospital, UK campus, downtown Lexington, and Blue Grass Airport.
  • Prime location for medical and office users serving the area's business community.
  • Ample on-site parking.

Property Details for 177 Burt Rd

Property type
Other office properties, Medical offices
Square Feet
13,004 SF
Class
B
Buildings
1
Stories
1
Lot Size (sq. ft)
57,935 SF

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0080805
Longitude
-84.5214898
177 Burt Rd, Lexington, Kentucky
Leaflet | © OpenStreetMap contributors

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177 Burt Rd
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