160 Prosperous Place, Lexington, KY 40509

New Listing
$1,650,000
Property Type: Commercial Sale Square Footage: 6,840 Lot Size (sq. ft.): 24,829 Status: Active
Current Price: $1,650,000 List Date: 6/25/2026 Last Modified: 6/25/2026

Overview

Description

160 Prosperous Place is a two story medical office building with a full basement, consisting of approximately 6,840 square feet plus additional basement area. The building was completely renovated in 2021 and converted to its current medical office use, making it ideal for an owner/user or an investor seeking a modern, turnkey healthcare facility. The first floor features a reception and waiting area, two private offices, a nurses 'station/lab, seven exam rooms, and two procedure/xray rooms. The second floor offers multiple private offices, a conference room, a break room, and additional shell space suitable for future expansion or for buildout to generate additional rental income. The full basement is configured as partially finished office space with additional storage and is accessible via an overhead door, providing excellent flexibility for records, equipment, or ancillary services. Additional property features include a backup generator and sinks in four of the exam rooms.

Listing Details MLS# 26014906

Listing Information

Comp Sale YN
No
Property Sub Type
Office

Status Change Information

Status Change Timestamp
2026-06-25

Address

County
Fayette
Street Number
160
Street Name
Prosperous
Street Suffix
Place
State
KY
Zip Code
40509
Zip +4
1863
Parcel Number
19319000

Contract

Original List Price
1650000
Start Showing Date
2026-06-25
Listing Contract Date
2026-06-25
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/SqFt
241.23

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Commercial

Interior

Living Area Units
Square Feet
Building Area Total
6840
Building Area Source
Plans
Building Area Units
Square Feet

More Information

Building

Basement YN
Yes
Year Built
1995
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.57
Lot Size Square Feet
24829.2

Utilities

Cooling YN
Yes

Remarks

Public Remarks
160 Prosperous Place is a two story medical office building with a full basement, consisting of approximately 6,840 square feet plus additional basement area. The building was completely renovated in 2021 and converted to its current medical office use, making it ideal for an owner/user or an investor seeking a modern, turnkey healthcare facility. The first floor features a reception and waiting area, two private offices, a nurses 'station/lab, seven exam rooms, and two procedure/xray rooms. The second floor offers multiple private offices, a conference room, a break room, and additional shell space suitable for future expansion or for buildout to generate additional rental income. The full basement is configured as partially finished office space with additional storage and is accessible via an overhead door, providing excellent flexibility for records, equipment, or ancillary services. Additional property features include a backup generator and sinks in four of the exam rooms.

Building and Property Details

# of Drive-in Doors
Yes
Usable SqFt
6840

Tax & Legal

Tax Rate
1.2638
Zoning
Other
Zoning Description
P-1 - PROFESSIONAL OFFICE
Directions
Traveling on Richmond Road toward downtown Lexington, turn right on Prosperous Place and property will be on your right.

Association/Community

Number Of Buildings
1

Basement

Partially Finished
Yes
Walk-Out Access
Yes
Walk-Up Access
Yes

Cooling

Electric
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Security Features

Fire Sprinkler System
Yes

Water Heater

Water Heater
Yes

Business Type

Professional/Office
Yes

Docks

Other
Yes

Sale Includes

Building(s)
Yes
Easements
Yes
Land
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes

Documents

Survey
Yes

Property Features

Basement: Partially Finished; Walk-Out Access; Walk-Up Access Business Type: Professional/Office Cooling: Electric Docks: Other Parking Features: On Site; Paved Possession: Close Of Escrow Sale Includes: Building(s); Easements; Land; Other Security Features: Fire Sprinkler System Water Heater: Water Heater Showing Requirements: Call Listing Agent Documents: Survey
Listing Office: Keller Williams Commonwealth
Last Updated: June - 25 - 2026
Information deemed reliable but not guaranteed.