1719 N Broadway, Lexington, KY 40505
$940,500
Property Type:
Commercial Sale
Square Footage:
9,000
Lot Size (sq. ft.):
33,106
Status:
Closed
Current Price:
$940,500
List Date:
6/29/2017
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1714823
Listing Information
- Property Sub Type
- Retail
Status Change Information
- Price Change Timestamp
- 2018-12-14T15:08:14Z
- Status Change Timestamp
- 2018-12-14
- Purchase Contract Date
- 2018-11-20
- Close Date
- 2018-12-13
- Close Price
- 940500
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
- Concessions Comments
- n/a
Address
- County
- Fayette
- Street Number
- 1719
- Street Direction Prefix
- N
- Street Name
- Broadway
- State
- KY
- Zip Code
- 40505
Contract
- Original List Price
- 1150000
- Start Showing Date
- 2017-06-29
- Listing Contract Date
- 2017-06-29
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 121.67
- Sold Price/SqFt
- 104.5
- SP/LP
- 0.86
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Commercial
Interior
- Living Area
- 9000
- Building Area Total
- 9000
More Information
Building
- Year Built
- 2001
Lot
- Lot Size Acres
- 0.76
- Lot Size Square Feet
- 33105.63
Remarks
- Public Remarks
- Stable Retail investment Opportunity - 1719 North Broadway is conveniently located between New Circle Rd. (Highway 4) and Interstate 75/64 in Lexington, KY. This highly visible site boasts tremendous traffic counts. The property is currently 100% occupied, and has maintained stable occupancy since purchased in 2006. The property also holds value add potential with an average rental rate below current market rates, and all current leases include renewal options with rent escalations.
Tax & Legal
- Tax Rate
- 1.2179
- Zoning Description
- B-3
- Directions
- Ideally located on North Broadway, between New Circle Rd. (Hwy 4) and I-75/64 in Lexington, KY. Less than 3 miles from Downtown Lexington and less than 1 mile from I-75/64 interchange.
Special Listing Conditions
- Standard
- Yes
Business Type
- Retail
- Yes
Property Features
Business Type:
Retail
Special Listing Conditions:
Standard
Listing Office:
Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.