247 N Broadway, Lexington, KY 40507

$750,000
Property Type: Commercial Sale Square Footage: 10,383 Lot Size (sq. ft.): 17,424 Status: Closed
Current Price: $750,000 List Date: 12/19/2016 Last Modified: 9/03/2025

Overview

Description

This property is in one of the absolute best locations Lexington has to offer in its downtown business district at the corner of Broadway and 3rd Street. The historic 'Tilford House' underwent a major, historically-correct renovation in 2000 bringing it to its current stunning, functional state. The property features the 7,614 SF, 2.5 story Tilford House with a 2,980 SF basement, and a 2,769SF, 1.5 story carriage house. Private parking for approximately 12 vehicles located in the rear of the house. The main house is expansive and features an abundance of historically-accurate construction and materials which were added and/or preserved during its renovation which mett the standards of the Bluegrass Trust for Historic Preservation. It was used as a law office for the past 16 years and lends itself to a variety of possible uses. The carriage house gives the opportunity for office or residential uses.This property affords the luxury of being in walking distance of all of downtown.

Listing Details MLS# 1626674

Listing Information

Property Sub Type
Mixed Use

Status Change Information

Price Change Timestamp
2017-09-13T14:51:10Z
Status Change Timestamp
2017-09-13
Purchase Contract Date
2017-08-17
Close Date
2017-09-12
Close Price
750000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
247
Street Direction Prefix
N
Street Name
Broadway
State
KY
Zip Code
40507
Parcel Number
12940000

Contract

Original List Price
995000
Start Showing Date
2016-12-18
Listing Contract Date
2016-12-18
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
SP/LP
0.88

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Commercial

Interior

Living Area
10383

More Information

Parking Information

Parking Total
20

Building

Year Built
1830
Stories Total
2

Lot

Lot Size Acres
0.4
Lot Size Square Feet
17424.02

Utilities

Cooling YN
Yes
Electricity Available
Yes
Phone Available
Yes
Water Available
Yes

Remarks

Public Remarks
This property is in one of the absolute best locations Lexington has to offer in its downtown business district at the corner of Broadway and 3rd Street. The historic 'Tilford House' underwent a major, historically-correct renovation in 2000 bringing it to its current stunning, functional state. The property features the 7,614 SF, 2.5 story Tilford House with a 2,980 SF basement, and a 2,769SF, 1.5 story carriage house. Private parking for approximately 12 vehicles located in the rear of the house. The main house is expansive and features an abundance of historically-accurate construction and materials which were added and/or preserved during its renovation which mett the standards of the Bluegrass Trust for Historic Preservation. It was used as a law office for the past 16 years and lends itself to a variety of possible uses. The carriage house gives the opportunity for office or residential uses.This property affords the luxury of being in walking distance of all of downtown.

Showing Information

Showing Instructions
Please use showing assist.

Tax & Legal

Tax Rate
1.2179
Zoning Description
420-C Office R-2 R-4
Directions
From the intersection of Broadway and Main St, head north on Broadway and the property is on your left at the corner of 3rd Street. Turn left onto 3rd Street, turn left onto Morrow Alley, continue to the end of the alley and turn left into the lot.

Construction Materials

Brick
Yes
Wood Siding
Yes

Possession

Close Of Escrow
Yes

Security Features

Fire Sprinkler System
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Water Heater
Yes

Building Features

Wood Flooring
Yes

Business Type

Mixed
Yes
Professional/Office
Yes

Ceiling

Drywall
Yes

Property Features

Utilities: Electricity Available; Phone Available; Water Available; Electricity Available; Phone Available; Water Available Building Features: Wood Flooring Business Type: Mixed; Professional/Office Ceiling: Drywall Construction Materials: Brick; Wood Siding Possession: Close Of Escrow Security Features: Fire Sprinkler System Special Listing Conditions: Standard Water Heater: Water Heater
Listing Office: Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.