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Davis Park Development 325 Oliver Lewis Way 1.75 Acres of Commercial Land for Lease in Lexington, KY 40508

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HIGHLIGHTS

  • The lot features curb cuts on High St. and Oliver Lewis Way for easy ingress and egress
  • Located in one of Lexington's busiest corridors, these lots provide excellent accessibility to several thoroughfares
  • Located right outside the Central Business District and within walking distance to an abundance of retail, restaurants, financial institutions, entert
  • The property is in close proximity to UK, Rupp Arena, the Distillery District, and the new Gatton Park on the Town Branch
  • Both lots are ripe for development and offer rare acreage in the Downtown area

LOT AVAILABLE

Display Rental Rate as

Rental Rate
  • $2.56 CAD/SF/YR
  • $0.21 CAD/SF/MO
  • $195,429 CAD/YR
  • $16,286 CAD/MO
Lease Term Negotiable
Lot Size 1.75 AC

Lot #27: 1.75 Acres, $80,000/Acre/Year, available for ground lease
Lot #30: 2.65 Acres, $75,000/Acre/Year, available for ground lease

PROPERTY OVERVIEW

Land available for development in downtown Lexington near the newly expanded Convention Center, Gatton Park, Historic Distillery District, Town Branch Distillery, and Central Business District! The Davis Park development has two premiere lots totaling appx. 4.4 Acres available for Ground Lease at outstanding locations. 325 Oliver Lewis Way (Lot #27) is appx 1.75 acres zoned B-3 on the corner of Oliver Lewis Way & W High Street with ingress and egress on each street. This location is growing fast and surrounded by development and ideal for retail. 525 De Roode St. (Lot #30) is appx 2.65 Acres zoned MU-2 and also sits on a corner of Oliver Lewis Way and Scott St. Oliver Lewis was recently completed and serves as a convenient connector from downtown to the University of Kentucky. This lot is ideal for a multitude of uses such as retail, office, or flex! All utilities are available to the site. Davis Park development is home to new apartments, park with playground, and Community Center. Fayette county is limited on land opportunities such as this, especially with access to entertainment, shopping, and dining on all sides! Outstanding Location on Oliver Lewis Way and both parcels have corner visibility and access. Lot #27 is at the corner of Oliver Lewis Way and High St. and Lot #30 is at the corner of Scott St and Oliver Lewis Way. Easy access to High St / Versailles Rd & S. Broadway.

PROPERTY FACTS

Total Space Available 1.75 AC
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
  • Listing ID: 24456861

  • Date on Market: 2025-04-16

  • Last Updated:

  • Address: 325 Oliver Lewis Way, Lexington, KY 40508

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