1020 Monarch Street, Lexington, KY 40513
$3,100,000
Property Type:
Commercial Sale
Square Footage:
22,536
Lot Size (sq. ft.):
63,162
Status:
Active
Current Price:
$3,100,000
List Date:
7/04/2026
Last Modified:
7/04/2026
Listing Details MLS# 25503131
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Office
Status Change Information
- Status Change Timestamp
- 2026-07-04
- Back on Market Date
- 2026-07-04
Address
- County
- Fayette
- Street Number
- 1020
- Street Name
- Monarch
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40513
- Parcel Number
- 38111720
Contract
- Original List Price
- 3100000
- Start Showing Date
- 2025-10-07
- Listing Contract Date
- 2025-10-06
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
- Office Exclusive YN
- No
- List Price/SqFt
- 137.56
Tax Legal
- MLS Area Major
- 004 - Fayette County SW
- Subdivision Name
- Commercial
Interior
- Living Area Units
- Square Feet
- Building Area Total
- 22536
- Building Area Source
- Estimated
- Building Area Units
- Square Feet
More Information
Building
- Year Built
- 2004
- Stories Total
- 3
- Accessibility Features YN
- Yes
Lot
- Lot Size Acres
- 1.45
- Lot Size Square Feet
- 63162
Remarks
- Public Remarks
- Excellent owner-occupant or investment opportunity in Lexington's desirable Beaumont Centre. 1020 Monarch Street is a well-maintained three-story professional office building containing approximately 22,536 square feet with elevator service and ample surface parking. The first floor is fully leased to two professional tenants providing stable income. The second floor features a large training room, open area for cubicles or workstations, three private offices, a large conference room, and a spacious break room. The third floor (7,632 RSF) offers 22 private offices, large and small conference rooms, two public restrooms plus one private restroom, a large break room, and a dedicated storage room. Located in the heart of Beaumont Centre near Harrodsburg Road, New Circle Road, and Man O' War Boulevard, the property is surrounded by restaurants, retail, and professional services. Offered at $3,100,000, this property provides flexibility for an owner-occupant to occupy the upper floors while benefiting from existing rental income on the first floor
Showing Information
- Showing Instructions
- Call listing broker
Tax & Legal
- Tax Rate
- 1.22
- Zoning
- Other
- Zoning Description
- P-1 Professional Office
- Directions
- New Circle Road to Harrodsburg Road, left on Beaumont Centre Circle
Association/Community
- Number Of Buildings
- 1
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Negotiable
- Yes
Roof
- Membrane
- Yes
Security Features
- Fire Sprinkler System
- Yes
Business Type
- Commercial
- Yes
- Professional/Office
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Property Features
Business Type:
Commercial; Professional/Office
Parking Features:
On Site; Paved
Possession:
Negotiable
Roof:
Membrane
Sale Includes:
Building(s); Land
Security Features:
Fire Sprinkler System
Showing Requirements:
Call Listing Agent
Listing Office:
The Gibson Company
Last Updated: July - 04 - 2026
Information deemed reliable but not guaranteed.