1170 Manchester Street, Lexington, KY 40508

$15,500,000
Property Type: Commercial Sale Square Footage: 200,000 Lot Size (sq. ft.): 304,920 Status: Contingent
Current Price: $15,500,000 List Date: 2/03/2025 Last Modified: 3/04/2026

Overview

Description

Amazing re development opportunity located in the heart of The Distillery District! Lower level is currently leased to multiple amazing tenants. Leaving the top 4 floors for your vision. Ample Parking. High visibility.

Listing Details MLS# 25001835

Listing Information

Comp Sale YN
No
Property Sub Type
Industrial

Status Change Information

Status Change Timestamp
2026-03-04
Purchase Contract Date
2026-03-04

Address

County
Fayette
Street Number
1170
Street Name
Manchester
Street Suffix
Street
State
KY
Zip Code
40508
Parcel Number
25642500 / 22406000

Contract

Original List Price
15500000
Start Showing Date
2025-02-03
Listing Contract Date
2025-02-03
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
77.5

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Interior

Living Area
200000
Building Area Total
200000

More Information

Parking Information

Parking Total
56

Building

Year Built
1935
Stories Total
5
Accessibility Features YN
Yes

Lot

Lot Size Acres
7
Lot Size Square Feet
304920

Remarks

Public Remarks
Amazing re development opportunity located in the heart of The Distillery District! Lower level is currently leased to multiple amazing tenants. Leaving the top 4 floors for your vision. Ample Parking. High visibility.

Building and Property Details

Common Area SqFt
2000
Maximum Ceiling Height
15
Retail SqFt
38500

Showing Information

Showing Instructions
Call Chris Mitchell 859-321-2898. Agent will accompany you.

Tax & Legal

Tax Rate
1.2583
Zoning Description
I-2
Directions
Manchester Street away from Downtown. Property is on your right.

Association/Community

Number Of Buildings
1

Utilities

Electricity Connected
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Construction Materials

Brick
Yes
Concrete
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes

Parking Features

Gravel
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Flat
Yes
Tar/Gravel
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Building Features

Concrete Floor
Yes
Freight Elevator(s)
Yes

Business Type

Industrial
Yes

Ceiling

Open
Yes

Existing Lease Type

Gross
Yes

Sale Includes

Building(s)
Yes
Land
Yes
Leases
Yes

Property Features

Utilities: Electricity Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Phone Available; Sewer Connected; Water Connected Building Features: Concrete Floor; Freight Elevator(s) Business Type: Industrial Ceiling: Open Construction Materials: Brick; Concrete Existing Lease Type: Gross Listing Terms: 1031 Exchange; Cash Parking Features: Gravel; Paved Possession: Close Of Escrow Roof: Flat; Tar/Gravel Sale Includes: Building(s); Land; Leases Sewer: Public Sewer Special Listing Conditions: Standard

Documents

Listing Office: Bluegrass Sotheby's International Realty
Last Updated: March - 04 - 2026
Information deemed reliable but not guaranteed.