178 N Martin Luther King Boulevard, Lexington, KY 40507

$600,000
Property Type: Commercial Sale Square Footage: 6,182 Lot Size (sq. ft.): 23,087 Status: Closed
Current Price: $600,000 List Date: 3/06/2015 Last Modified: 9/03/2025

Overview

Description

Many potential uses for this building and property. Think Investment-Future Development.Urban Living, Offices, Retail, Apartments, High Rise . Lots of parking, 2 detached buildings. Multiple Properties-Martin Luther King Blvd, Wickliffe Street, East Second Street. Many different options. This can be a part of the city block development. CALL FOR MORE DETAILS. Two blocks from Main Street. Business, High Rise Apartments, Retail - Lots of Potential . Properties include, 178, 180 Martin Luther King Blvd; 212,214,216,218,220 Wickliffe Street. Just Reduced $200,000. Bring Reasonable Offer

Listing Details MLS# 1504064

Listing Information

Property Sub Type
Mixed Use

Status Change Information

Price Change Timestamp
2015-06-09T16:17:17Z
Status Change Timestamp
2015-06-09
Purchase Contract Date
2015-05-08
Close Date
2015-06-09
Close Price
600000
Buyer Financing
Cash
Concessions Comments
No

Address

County
Fayette
Street Number
178
Street Direction Prefix
N
Street Name
Martin Luther King
Street Suffix
Boulevard
State
KY
Zip Code
40507
Zip +4
1531
Parcel Number
12391750

Contract

Original List Price
800000
Start Showing Date
2015-03-06
Listing Contract Date
2015-03-06
Listing Agreement
Exclusive Right To Sell
Owner Name
Do Not Contact
Occupant Type
Vacant
Office Exclusive YN
No
SP/LP
0.75

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Downtown

Interior

Living Area
6182

More Information

Parking Information

Parking Total
55

Building

Basement YN
Yes
Stories Total
2

Lot

Lot Size Acres
0.53
Lot Size Square Feet
23086.82
Road Frontage Feet
39

Utilities

Cooling YN
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Water Available
Yes

Remarks

Public Remarks
Many potential uses for this building and property. Think Investment-Future Development.Urban Living, Offices, Retail, Apartments, High Rise . Lots of parking, 2 detached buildings. Multiple Properties-Martin Luther King Blvd, Wickliffe Street, East Second Street. Many different options. This can be a part of the city block development. CALL FOR MORE DETAILS. Two blocks from Main Street. Business, High Rise Apartments, Retail - Lots of Potential . Properties include, 178, 180 Martin Luther King Blvd; 212,214,216,218,220 Wickliffe Street. Just Reduced $200,000. Bring Reasonable Offer

Building and Property Details

# of Men's Restrooms
Yes
# of Women's Restrooms
2
Maximum Ceiling Height
9

Tax & Legal

Tax Rate
1.0309
Zoning Description
B-2A
Directions
Main Street to Martin Luther King Blvd. 2 1/2 blocks to right onto Wickliffe Street. White Brick Building-Parking in the side lot.

Association/Community

Number Of Buildings
3

Construction Materials

Brick
Yes
Other
Yes

Parking Features

Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Water Heater
Yes

Building Features

Partially Carpeted
Yes
Wood Flooring
Yes

Business Type

Mixed
Yes
Professional/Office
Yes
Retail
Yes

Ceiling

Drywall
Yes

Electric

100 Amp Service
Yes
200+ Amp Service
Yes

Sale Includes

Building(s)
Yes
Fixtures
Yes
Land
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Water Available Building Features: Partially Carpeted; Wood Flooring Business Type: Mixed; Professional/Office; Retail Ceiling: Drywall Construction Materials: Brick; Other Electric: 100 Amp Service; 200+ Amp Service Parking Features: Paved Possession: Close Of Escrow Roof: Shingle Sale Includes: Building(s); Fixtures; Land Special Listing Conditions: Standard Water Heater: Water Heater
Listing Office: Lifstyl Real Estate
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.