109-119 N Mill Street, Lexington, KY 40507

$2,600,000
Property Type: Commercial Sale Square Footage: 12,000 Lot Size (sq. ft.): 4,500 Status: Active
Current Price: $2,600,000 List Date: 3/27/2026 Last Modified: 3/27/2026

Overview

Description

Amazing opportunity. 6 apartments, 2 retail storefronts in 3 contiguous buildings. Stabilized property with a strong rental history. Easily managed. Buildings where completely renovated in 2010 and have been exceptionally well maintained by the current owners

Listing Details MLS# 26006199

Listing Information

Comp Sale YN
No
Property Sub Type
Mixed Use

Status Change Information

Status Change Timestamp
2026-03-27

Address

County
Fayette
Street Number
109-119
Street Direction Prefix
N
Street Name
Mill
Street Suffix
Street
State
KY
Zip Code
40507
Parcel Number
38234110

Contract

Original List Price
2600000
Start Showing Date
2026-03-27
Listing Contract Date
2026-03-27
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
216.67

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Downtown

Interior

Living Area
11000
Living Area Units
Square Feet
Building Area Total
12000
Building Area Source
Public Records
Building Area Units
Square Feet

More Information

Building

Basement YN
Yes
Year Built
1886
Stories Total
3
Accessibility Features YN
No

Lot

Lot Size Acres
0.1033
Lot Size Square Feet
4500

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Amazing opportunity. 6 apartments, 2 retail storefronts in 3 contiguous buildings. Stabilized property with a strong rental history. Easily managed. Buildings where completely renovated in 2010 and have been exceptionally well maintained by the current owners

Building and Property Details

Furniture, Fixtures & Equipment YN
No
Building Expansion Potential YN
No
Lot Expansion Potential YN
No
Railroad Siding YN
No

Showing Information

Showing Instructions
Call Chris Mitchell

Tax & Legal

Tax Rate
1.2638
Zoning
Other
Zoning Description
B-2B
Directions
West Main, right on North Mill Street. Buildings are on your left

Association/Community

Number Of Buildings
3

Basement

Crawl Space
Yes
Unfinished
Yes

Construction Materials

Brick
Yes

Cooling

Multi Units
Yes

Heating

Heat Pump
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

None
Yes

Possession

Close Of Escrow
Yes

Roof

Membrane
Yes

Security Features

Fire Sprinkler System
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Electric
Yes

Building Features

Partially Carpeted
Yes
Wood Flooring
Yes

Business Type

Food & Beverage
Yes
Professional Service
Yes

Ceiling

Dropped
Yes
Open
Yes

Docks

None
Yes

Electric

100 Amp Service
Yes

Existing Lease Type

Gross
Yes

Sale Includes

Building(s)
Yes

Tenant Pays

Electricity
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
No Sign
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Basement: Crawl Space; Unfinished Building Features: Partially Carpeted; Wood Flooring Business Type: Food & Beverage; Professional Service Ceiling: Dropped; Open Construction Materials: Brick Cooling: Multi Units Docks: None Electric: 100 Amp Service Existing Lease Type: Gross Heating: Heat Pump Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: None Possession: Close Of Escrow Roof: Membrane Sale Includes: Building(s) Security Features: Fire Sprinkler System Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Electricity Water Heater: Electric Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; No Sign; Showing Service
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: March - 27 - 2026
Information deemed reliable but not guaranteed.