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Executive Summary

This 7,060 square foot B-1 zoned retail/office building offers a prime opportunity for an owner-occupant or investor. Ideally situated along South Broadway with excellent visibility and strong traffic counts, the property is minutes from downtown Lexington, the University of Kentucky campus, and major hospitals including Baptist Health and UK Hospital. The surrounding area features a wide variety of restaurants, shopping, and professional services, making it highly convenient for tenants and customers alike. The building is currently divided for three tenants with suites of approximately 1,180 SF, 2,995 SF, and 2,836 SF. The 2,836 SF space includes double-door side access for loading/unloading and is presently configured as office with storage and delivery capability. Both end-cap suites of 1,180 SF and 2,836 SF are available for immediate lease, providing flexibility for retail, medical, office, or service-oriented users.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,000 SF
Building Class
C
Year Built
2010
Price
$2,265,417 CAD
Price Per SF
$323.63 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,000 SF
Building FAR
0.33
Lot Size
0.49 AC
Zoning
B-1
Parking
15 Spaces (2.14 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
14858150
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,692,993 CAD
  • Listing ID: 37765510

  • Date on Market: 2025-09-22

  • Last Updated:

  • Address: 395 Elaine Dr, Lexington, KY 40504

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