101 W Short Street, Lexington, KY 40507
$1,030,000
Property Type:
Commercial Sale
Square Footage:
5,184
Lot Size (sq. ft.):
2,396
Status:
Closed
Current Price:
$1,030,000
List Date:
11/18/2025
Last Modified:
2/17/2026
Overview
Description
Listing Details MLS# 25506442
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Mixed Use
Status Change Information
- Status Change Timestamp
- 2026-02-17
- Purchase Contract Date
- 2025-12-04
- Close Date
- 2026-02-17
- Close Price
- 1030000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
Address
- County
- Fayette
- Street Number
- 101
- Street Direction Prefix
- W
- Street Name
- Short
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40507
- Parcel Number
- 15864400
Contract
- Original List Price
- 912500
- Start Showing Date
- 2025-11-18
- Listing Contract Date
- 2025-11-18
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 176.02
- Sold Price/SqFt
- 198.69
- SP/LP
- 1.13
Tax Legal
- MLS Area Major
- 002 - Fayette County NE
- Subdivision Name
- Downtown
Interior
- Living Area Units
- Square Feet
- Building Area Total
- 5184
- Building Area Source
- Owner
- Building Area Units
- Square Feet
More Information
Building
- Basement YN
- Yes
- Year Built
- 1930
- Stories Total
- 3
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 0.055
- Lot Size Square Feet
- 2395.8
Remarks
- Public Remarks
- Offered for the first time in nearly 30 years, 101 West Short Street is a unique opportunity. Located just one block off East Main Street and directly across from the courthouse plazas, the setting is connected and central. Immediate neighbors include City Center, 21C Museum Hotel, and the Lexington Financial Center. The three-story ca. 1930's building has an attractive façade, with large picture windows framing the first-floor restaurant. Intricate stonework lends further detail. Open space on the second floor is ideal for events or private receptions, while offices occupy the third level. The corner lot has frontage on both West Short Street and North Limestone, with sweeping views of downtown Lexington and room for sidewalk dining areas. The property is fully leased, making it an appealing long and short-term investment.
Income and Expenses
- Total Actual Rent
- 103800
Showing Information
- Showing Instructions
- Showings strictly by appointment only with a proof of funds or preapproval letter e-mailed to the listing broker concurrent with the showing request. Min. 48-hour notice to show. LA accompany. Restricted hours.
Tax & Legal
- Tax Rate
- 1.2638
- Zoning
- B-2
- Zoning Description
- B-2B
- Directions
- From Main Street: North Limestone to West Short Street; building on the northwest corner. From N. Broadway: West Short Street to North Limestone. Street parking on both West Short & North Limestone.
Association/Community
- Number Of Buildings
- 1
Basement
- Full
- Yes
Possession
- Subject To Tenant Rights
- Yes
Sewer
- Public Sewer
- Yes
Building Features
- Kitchen Facilities
- Yes
Business Type
- Professional/Office
- Yes
- Restaurant
- Yes
Sale Includes
- Building(s)
- Yes
- Leases
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
- Insurance
- Yes
- Taxes
- Yes
- Water
- Yes
Showing Requirements
- Listing Agent Must Accompany
- Yes
- Restricted Hours
- Yes
Property Features
Basement:
Full
Building Features:
Kitchen Facilities
Business Type:
Professional/Office; Restaurant
Possession:
Subject To Tenant Rights
Sale Includes:
Building(s); Leases
Sewer:
Public Sewer
Tenant Pays:
Electricity; Gas; Insurance; Taxes; Water
Showing Requirements:
Listing Agent Must Accompany; Restricted Hours
Listing Office:
Kirkpatrick & Company
Last Updated: February - 17 - 2026
Information deemed reliable but not guaranteed.