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1200 N Limestone
Lexington, KY 40505
For Sale: Prime NoLi Retail / Office Property · Retail Property For Sale
Investment Highlights
- 3,120 SF retail/street retail property built in 1945 with 100% occupancy
- Strong and consistent rental history, providing immediate income and stability
- Excellent street exposure and accessibility, benefiting from nearby residential and commercial areas
- Zoned B-1, offering a high-traffic, high-visibility location ideal for investors
- Situated in the vibrant Noli neighborhood, surrounded by locally-based restaurants, boutique shops, and service businesses
Executive Summary
Introducing a prime investment opportunity in Downtown Lexington, KY. This 3,120 SF, 1945-built property offers 100% occupancy in a sought-after B-1 zoned area. With one unit, this retail/street retail space is a remarkable find for investors seeking a high-traffic, high-visibility location. Boasting a strong and consistent rental history, this property presents an excellent chance to capitalize on the increasing demand for retail space in this vibrant area.
Located in the Noli neighborhood, the property is surrounded by a strong, locally-based business hub featuring popular restaurants, boutique shops, and service-oriented businesses. This central location benefits from heavy foot traffic, excellent street visibility, and easy access to surrounding residential and commercial areas, making it highly desirable for both tenants and investors. Don’t miss this opportunity to acquire a valuable asset in one of Lexington’s most dynamic retail corridors.
*** Out of courtesy to ownership and staff, please avoid direct contact with the tenant. No drop-ins will be permitted a tour. Showings will be arranged by appointment only while normal business operations continue. ***
Located in the Noli neighborhood, the property is surrounded by a strong, locally-based business hub featuring popular restaurants, boutique shops, and service-oriented businesses. This central location benefits from heavy foot traffic, excellent street visibility, and easy access to surrounding residential and commercial areas, making it highly desirable for both tenants and investors. Don’t miss this opportunity to acquire a valuable asset in one of Lexington’s most dynamic retail corridors.
*** Out of courtesy to ownership and staff, please avoid direct contact with the tenant. No drop-ins will be permitted a tour. Showings will be arranged by appointment only while normal business operations continue. ***
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,120 SF
Building Class
C
Year Built
1945
Price
$938,190 CAD
Price Per SF
$300.70 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.51
Lot Size
0.14 AC
Zoning
B-1 - Neighborhood Business
Parking
10 Spaces (3.21 Spaces per 1,000 SF Leased)
Frontage
86’ on Limestone St
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 10444400 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $321,587 CAD |
Property Taxes
Parcel Number
10444400
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$321,587 CAD
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