1040 Manchester Street, Lexington, KY 40508
$1,250,000
Property Type:
Commercial Sale
Square Footage:
11,578
Lot Size (sq. ft.):
34,848
Status:
Contingent
Current Price:
$1,250,000
List Date:
5/12/2026
Last Modified:
5/12/2026
Overview
Description
...
(Read more)
We are pleased to present this exceptionally updated and maintained Flex building located in the heart of the highly desirable Manchester Street corridor in Central Lexington. The building size at 11,578 SF on approximately 1 acre is very much in demand in this market, and consistently low in supply. As well, the division of office to warehouse is conducive to many business needs who can step right in and enjoy polished office space, cubicle rooms, multiple conference rooms, interior restrooms on each floor, copy room, and a warehouse space in the rear with loading dock access and lot accessibility that allows for large truck deliveries and pick ups. Other perks include two walk in coolers (455 SF and 375 SF), Kohler diesel back up generator that powers the entire building, 400 amp power, detached warehouse, and detached garage. The property also benefits from a central location in a highly desirable corridor that will appeal to a variety of flex users whether they are a local or regional business, benefiting from proximity to New Circle Road, Downtown Lexington, and interstate access. Additionally, extensive improvements from 2014 and optimal upkeep over the years signal a lack of deferred maintenance providing reassurance to buyers looking for a solid investment for their own preferred use accommodate the time and deal structure necessary for such a pursuit. -Constantly high in demand / low in supply offering -Light Industrial zoning (I-1) with Adaptive Reuse Zoning Overlay -Just under 1 acre with generous access and parking areas for delivery -Central Lexington Location just off Downtown in Lexington's booming Distillery District -Adaptive Reuse Zoning Overlay for added use flexibility -Close proximity to New Circle Road, Downtown, and Interstate access -This property is enrolled in Kentucky's Brownfield Program.
Listing Details MLS# 26010653
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Industrial
Status Change Information
- Status Change Timestamp
- 2026-05-12
- Purchase Contract Date
- 2026-05-12
Address
- County
- Fayette
- Street Number
- 1040
- Street Name
- Manchester
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40508
- Parcel Number
- 14101654
Contract
- Original List Price
- 1250000
- Start Showing Date
- 2026-05-12
- Listing Contract Date
- 2026-04-13
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/SqFt
- 107.96
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Commercial
Interior
- Living Area Units
- Square Feet
- Building Area Total
- 11578
- Building Area Source
- Public Records
- Building Area Units
- Square Feet
More Information
Building
- Year Built
- 1976
- Stories Total
- Yes
- Accessibility Features YN
- Yes
Lot
- Lot Size Acres
- 0.8
- Lot Size Square Feet
- 34848
Remarks
- Public Remarks
- We are pleased to present this exceptionally updated and maintained Flex building located in the heart of the highly desirable Manchester Street corridor in Central Lexington. The building size at 11,578 SF on approximately 1 acre is very much in demand in this market, and consistently low in supply. As well, the division of office to warehouse is conducive to many business needs who can step right in and enjoy polished office space, cubicle rooms, multiple conference rooms, interior restrooms on each floor, copy room, and a warehouse space in the rear with loading dock access and lot accessibility that allows for large truck deliveries and pick ups. Other perks include two walk in coolers (455 SF and 375 SF), Kohler diesel back up generator that powers the entire building, 400 amp power, detached warehouse, and detached garage. The property also benefits from a central location in a highly desirable corridor that will appeal to a variety of flex users whether they are a local or regional business, benefiting from proximity to New Circle Road, Downtown Lexington, and interstate access. Additionally, extensive improvements from 2014 and optimal upkeep over the years signal a lack of deferred maintenance providing reassurance to buyers looking for a solid investment for their own preferred use accommodate the time and deal structure necessary for such a pursuit. -Constantly high in demand / low in supply offering -Light Industrial zoning (I-1) with Adaptive Reuse Zoning Overlay -Just under 1 acre with generous access and parking areas for delivery -Central Lexington Location just off Downtown in Lexington's booming Distillery District -Adaptive Reuse Zoning Overlay for added use flexibility -Close proximity to New Circle Road, Downtown, and Interstate access -This property is enrolled in Kentucky's Brownfield Program.
Tax & Legal
- Tax Rate
- 1.2638
- Zoning
- Other
- Zoning Description
- I-1 Light Industrial
- Directions
- Manchester Street outbound, the property will be on your left.
Association/Community
- Number Of Buildings
- 3
Construction Materials
- Block
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Shingle
- Yes
Business Type
- Industrial
- Yes
- Warehouse
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Property Features
Business Type:
Industrial; Warehouse
Construction Materials:
Block
Parking Features:
On Site; Paved
Possession:
Close Of Escrow
Roof:
Shingle
Sale Includes:
Building(s); Land
Showing Requirements:
Call Listing Agent
Listing Office:
Block + Lot Homes
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.
