Building

Basement YN

Yes

Year Built

1930

Stories Total

3

Accessibility Features YN

Yes

Leasable Area

7343

Lot

Lot Size Acres

0.0517

Lot Size Square Feet

2252

Remarks

Public Remarks

Rarely available downtown building with upscale renovations throughout. First Floor owner-occupied by Georgie's Social House with Lease back preference/potential for fresh 5-year term open closing. https://georgieslexington.com Second Floor on a recent Lease with 5-year term through October 2030 (Relix Bridal, Inc.): https://relixbridal.com Third floor offers common kitchenette and restrooms with individual office suites that historically lease for $750/month. Now vacant to accommodate new owner preference as it could be easily converted to a single office space for owner use, or for new single-tenant lease, or to continue as individual office suites which typically lease quickly. Complete renovations in 2020 included new roof, hardwood floors throughout, elevator (coded for private access), new lobby with mail room, 2 kitchenettes, 2 restrooms per floor, new HVAC systems, interior and exterior paint, handicap accessible ramp, and attractive and creative office look on floors 2 and 3 with exposed brick and open ceilings. Location Description: -Prime Downtown Location on popular N Limestone Street @ corner of Church Street -Across from the Courthouse, making it attractive to attorneys and various office users -Surrounded by downtown staple restaurants like Le Deauville, Corto Y Lima, Pearl's, Lussi Brown Coffee, Jack Brown's, and more Property Highlights: -A classic 3-story building with an elevator, this is one of the most historic buildings in Downtown Lexington -Opportunity for owner occupancy, or as investment opportunity given seller lease back potential + recent second floor lease on 5-year term, and potential for quick activiation of new office lease(s) on the third floor -This offering has been intentionally timed and structured to accommodate variety of Buyer preferences - from establishing new owner/use possibilities, buyer preferred tenancies, or toward furthering the existing seller tenancy opportunities

Building and Property Details

# of Floors Serviced

3

# of Men's Restrooms

3

# of Women's Restrooms

3

Tax & Legal

Tax Rate

1.2638

Zoning

Other

Zoning Description

B-2B

Directions

N. Limestone on the left on the corner of Church Street across from the Courthouses.

Association/Community

Number Of Buildings

1

Construction Materials

Brick

Yes

Possession

Close Of Escrow

Yes

Building Features

Wood Flooring

Yes

Business Type

Commercial

Yes

Professional/Office

Yes

Retail

Yes

Sale Includes

Building(s)

Yes

Land

Yes

Leases

Yes

Showing Requirements

Call Listing Agent

Yes

Property Features