203 E Fourth Street, Lexington, KY 40508
$800,000
Property Type:
Commercial Sale
Square Footage:
10,557
Lot Size (sq. ft.):
33,541
Status:
Closed
Current Price:
$800,000
List Date:
7/02/2021
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 20001653
Listing Information
- Property Sub Type
- Office
Status Change Information
- Price Change Timestamp
- 2021-07-02T18:11:44Z
- Status Change Timestamp
- 2022-01-04
- Purchase Contract Date
- 2021-09-07
- Close Date
- 2021-12-31
- Close Price
- 800000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
Address
- County
- Fayette
- Street Number
- 203
- Street Direction Prefix
- E
- Street Name
- Fourth
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40508
- Parcel Number
- 15911600
Contract
- Original List Price
- 1050000
- Start Showing Date
- 2020-01-22
- Listing Contract Date
- 2020-01-22
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- SP/LP
- 0.91
Tax Legal
- MLS Area Major
- 002 - Fayette County NE
- Subdivision Name
- Commercial
Interior
- Living Area
- 10557
More Information
Parking Information
- Parking Total
- 20
Building
- Basement YN
- Yes
- Year Built
- 9999
- Stories Total
- 3
Lot
- Lot Size Acres
- 0.77
- Lot Size Square Feet
- 33541.23
Remarks
- Public Remarks
- This offers a unique opportunity to own a beautiful, free-standing office building in Downtown Lexington under $85/SF. This brick Victorian style building was built in the 1840's and sits on a picturesque 0.77 Acres (per PVA) with a well-manicured lot and mature landscaping. The building is 10,557 SF (per PVA) on three floors with an elevator. The 1st and 2nd floors are fully finished, the 3rd floor is partially finished, and an unfinished basement (not included in total SF). The building features an abundance of natural light from the large windows, has a wet sprinkler system, fire alarm system, and 20 parking spaces. The property is currently used as offices, and has been previously used as event space and a single family residence. The property is zoned R-4 allowing a multitude of uses including converting to high density apartments, or a single family home. There was a new addition to the building in 2002/2003 in which the elevator was added.
Showing Information
- Showing Instructions
- Call Listing Agent to Show.
Tax & Legal
- Tax Rate
- 1.2777
- Zoning Description
- R-4
- Directions
- The property is located at the corner of E Fourth Street and N. Martin Luther King Blvd. in close proximity to the Carrick House, Transylvania University and the NoLi District offering several nearby amenities.
Association/Community
- Number Of Buildings
- 1
Construction Materials
- Brick
- Yes
Security Features
- Fire Sprinkler System
- Yes
Special Listing Conditions
- Standard
- Yes
Building Features
- Elevator(s)
- Yes
Business Type
- Professional/Office
- Yes
- Other
- Yes
Property Features
Building Features:
Elevator(s)
Business Type:
Professional/Office; Other
Construction Materials:
Brick
Security Features:
Fire Sprinkler System
Special Listing Conditions:
Standard
Listing Office:
Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
