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161 N Limestone
Lexington, KY 40507
Bureau Propriété À vendre
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Faits saillants de l'investissement
- A classic 3-story building with an elevator, this is one of the most historic buildings in Downtown Lexington
- This offering has been intentionally timed and structured to accommodate variety of Buyer preferences
- Opportunity for owner occupancy, or as investment opportunity given seller lease back potential + recent second floor lease on 5-year term, leasback
Résumé de l'annonce
Rarely available downtown building with upscale renovations throughout. First Floor owner-occupied by Georgie’s Social House with Lease back preference/potential for fresh 5-year term open closing. https://georgieslexington.com
Second Floor on a recent Lease with 5-year term through October 2030 (Relix Bridal, Inc.): https://relixbridal.com
Third floor offers common kitchenette and restrooms with individual office suites that historically lease for $750/month. Now vacant to accommodate new owner preference as it could be easily converted to a single office space for owner use, or for new single-tenant lease, or to continue as individual office suites which typically lease quickly.
Complete renovations in 2020 included new roof, hardwood floors throughout, elevator (coded for private access), new lobby with mail room, 2 kitchenettes, 2 restrooms per floor, new HVAC systems, interior and exterior paint, handicap accessible ramp, and attractive and creative office look on floors 2 and 3 with exposed brick and open ceilings.
Location Description:
-Prime Downtown Location on popular N Limestone Street @ corner of Church Street
-Across from the Courthouse, making it attractive to attorneys and various office users
-Surrounded by downtown staple restaurants like Le Deauville, Corto Y Lima, Pearl's, Lussi Brown Coffee, Jack Brown's, and more
Second Floor on a recent Lease with 5-year term through October 2030 (Relix Bridal, Inc.): https://relixbridal.com
Third floor offers common kitchenette and restrooms with individual office suites that historically lease for $750/month. Now vacant to accommodate new owner preference as it could be easily converted to a single office space for owner use, or for new single-tenant lease, or to continue as individual office suites which typically lease quickly.
Complete renovations in 2020 included new roof, hardwood floors throughout, elevator (coded for private access), new lobby with mail room, 2 kitchenettes, 2 restrooms per floor, new HVAC systems, interior and exterior paint, handicap accessible ramp, and attractive and creative office look on floors 2 and 3 with exposed brick and open ceilings.
Location Description:
-Prime Downtown Location on popular N Limestone Street @ corner of Church Street
-Across from the Courthouse, making it attractive to attorneys and various office users
-Surrounded by downtown staple restaurants like Le Deauville, Corto Y Lima, Pearl's, Lussi Brown Coffee, Jack Brown's, and more
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
7 343 pi²
Classe d’immeuble
C
Année de construction/rénovation
1930/2020
Prix
2 524 979 $ CAD
Prix par pi²
343,86 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
3 étages
Superficie de plancher typique
2 448 pi²
Coefficient d’occupation des sols de l’immeuble
1,12
Taille du lot
0,15 AC
Zone de développement économique
Oui
Zonage
B-2B - Entreprise du centre-ville
Commodités
- Climatisation
Impôts fonciers
| Numéro de lot | 10940300 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 1 226 018 $ CAD |
Impôts fonciers
Numéro de lot
10940300
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 226 018 $ CAD
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