127 W Main Street, Lexington, KY 40507
$1,100,000
Property Type:
Commercial Sale
Square Footage:
6,037
Lot Size (sq. ft.):
2,614
Status:
Closed
Current Price:
$1,100,000
List Date:
8/19/2022
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 22018552
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Office
Status Change Information
- Status Change Timestamp
- 2022-11-28
- Purchase Contract Date
- 2022-10-25
- Close Date
- 2022-11-21
- Close Price
- 1100000
- Buyer Financing
- Conventional
Address
- County
- Fayette
- Street Number
- 127
- Street Direction Prefix
- W
- Street Name
- Main
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40507
- Parcel Number
- 12105678
Contract
- Original List Price
- 1225000
- Start Showing Date
- 2022-08-19
- Listing Contract Date
- 2022-08-18
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/SqFt
- 202.92
- Sold Price/SqFt
- 182.21
- SP/LP
- 0.9
Tax Legal
- MLS Area Major
- 002 - Fayette County NE
- Subdivision Name
- Downtown
Interior
- Building Area Total
- 6037
More Information
Building
- Year Built
- 1940
- Stories Total
- 3
Lot
- Lot Size Acres
- 0.06
- Lot Size Square Feet
- 2614
Remarks
- Public Remarks
- Located in the heart of the Central Business District this property stands prominently on Main St. 127-129 W. Main St. is a quality 3-story office building with the flexible B-2B downtown zoning classification. The tall storefront windows and classic building façade give the building excellent street presence and visibility. The building has wooden floors throughout, tall ceilings, interior exposed brick walls, and is fully sprinkled! The first floor has a beautiful reception area, 3 private offices, kitchenette, conference room, 2 bathrooms, and a data/copy room. Second floor has 5 private offices, conference room, another kitchenette, and 2 restrooms. The third floor has 3 private offices, 1 restroom, and an open work area. Zoning allows for office, retail, or residential uses. Property is located in the Downtown Management District and an Opportunity Zone!
Showing Information
- Showing Instructions
- Contact Listing Agent for Showings. Agent must be present.
Tax & Legal
- Tax Rate
- 1.2727
- Zoning Description
- B-2B
- Directions
- Located directly across from City Center on West Main St. in Lexington
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Parking Features
- None
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Roof
- Flat
- Yes
Security Features
- Fire Sprinkler System
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Building Features
- Partially Carpeted
- Yes
- Wood Flooring
- Yes
Business Type
- Professional/Office
- Yes
Existing Lease Type
- None
- Yes
Property Features
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Building Features:
Partially Carpeted; Wood Flooring
Business Type:
Professional/Office
Existing Lease Type:
None
Parking Features:
None
Possession:
Close Of Escrow; Negotiable
Roof:
Flat
Security Features:
Fire Sprinkler System
Sewer:
Public Sewer
Special Listing Conditions:
Standard
Listing Office:
Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.