507 Third StLexington, KY 40508

For Sale
$850,000

Prime Lexington location, 6,230 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 6,230 square foot commercial property, located at 507 East Third Street in Lexington, Kentucky, presents a unique investment opportunity. Built in 1948, this single-story building is zoned B-1 and offers versatile space suitable for a variety of uses, including creative office space, daycare/nursery, or storefront retail. Its prime location in a vibrant Lexington neighborhood ensures excellent visibility and high foot traffic, just minutes from the city's downtown core. The spacious layout boasts high ceilings, large windows, and an open floor plan, ideal for businesses seeking a flexible and inviting environment. The surrounding area is bustling with local businesses, restaurants, and residential areas, guaranteeing a consistent flow of potential customers. The asking price for this property is $850,000. This is an unparalleled chance to establish or expand a business in a thriving community. The property's versatility and desirable location make it an attractive prospect for a wide range of commercial ventures. Don't miss this chance to secure a foothold in Lexington's dynamic market.

Highlights

  • 6,230 SF commercial building at 507 East Third Street, Lexington, KY.
  • Built in 1948, B-1 zoning allows for diverse uses including office, daycare, or retail.
  • Prime location offers high visibility and foot traffic near downtown Lexington.
  • Features high ceilings, large windows, and an open floor plan.
  • Asking price: $850,000.

Property Details for 507 Third St

Property type
Day care centers & nurseries, Other retail properties
Square Feet
6,230 SF
Year Built
1948
Stories
1

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0445234
Longitude
-84.4847842
507 Third St, Lexington, Kentucky

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507 Third St
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