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671 N Broadway
Lexington, KY 40508
Retail Property For Sale


Investment Highlights
- Features a 3,596 square foot building
- Situated on a hard corner
- Generates month-to-month income from the current tenant
- Zoned B-1
- Occupies approximately 0.58 acres
- Exposed to a traffic count of 19,000 vehicles per day
Executive Summary
This offering consists of three contiguous parcels located at 669 & 671 N. Broadway and 404 Delcamp Drive in Lexington, Kentucky. Positioned on a hard-corner intersection along North Broadway, the property benefits from approximately 19,000 vehicles per day and includes an existing 3,596-square-foot building situated on approximately ±0.58 acres. The site is zoned B-1 and is currently generating month-to-month tenant income, providing interim cash flow while preserving flexibility for future ownership plans.
The property's location places it approximately one mile from Downtown Lexington and approximately two miles from the Interstate 64 and Interstate 75 corridor, providing convenient connectivity throughout the Lexington metropolitan area and regional transportation network. The surrounding area includes established residential neighborhoods, neighborhood-serving retail, commercial businesses, and community amenities that contribute to ongoing consumer activity and visibility.
The combination of corner positioning, existing improvements, B-1 zoning, and multiple parcel configuration presents potential value for investors, owner-users, or redevelopment-oriented buyers seeking a well-located urban infill opportunity. Existing traffic exposure, accessibility, and proximity to downtown support a variety of commercial uses permitted under current zoning. The property's current income stream, coupled with its redevelopment potential, allows buyers to evaluate multiple strategies based on their investment objectives and long-term plans.
The property's location places it approximately one mile from Downtown Lexington and approximately two miles from the Interstate 64 and Interstate 75 corridor, providing convenient connectivity throughout the Lexington metropolitan area and regional transportation network. The surrounding area includes established residential neighborhoods, neighborhood-serving retail, commercial businesses, and community amenities that contribute to ongoing consumer activity and visibility.
The combination of corner positioning, existing improvements, B-1 zoning, and multiple parcel configuration presents potential value for investors, owner-users, or redevelopment-oriented buyers seeking a well-located urban infill opportunity. Existing traffic exposure, accessibility, and proximity to downtown support a variety of commercial uses permitted under current zoning. The property's current income stream, coupled with its redevelopment potential, allows buyers to evaluate multiple strategies based on their investment objectives and long-term plans.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,596 SF
Building Class
C
Year Built
1920
Price
$1,770,482 CAD
Price Per SF
$492.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.58 AC
Opportunity Zone
Yes
Zoning
B-1 - Neighborhood Business District
Parking
12 Spaces (3.34 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $558,329 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$558,329 CAD
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