500 E 7th Street, Lexington, KY 40505
$800,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
3,600
Status:
Closed
Current Price:
$800,000
List Date:
6/05/2023
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 23010319
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Business
Status Change Information
- Status Change Timestamp
- 2025-06-06
- Purchase Contract Date
- 2025-04-03
- Close Date
- 2025-05-30
- Close Price
- 800000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
Address
- County
- Fayette
- Street Number
- 500
- Street Direction Prefix
- E
- Street Name
- 7th
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40505
- Parcel Number
- 111222111
Contract
- Original List Price
- 950000
- Start Showing Date
- 2023-06-05
- Listing Contract Date
- 2023-06-05
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- SP/LP
- 0.84
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Downtown
Building
- Year Built
- 1964
More Information
Lot
- Lot Size Acres
- 0.083
- Lot Size Square Feet
- 3600
Remarks
- Public Remarks
- For sale is a highly successful and long-established liquor store located in the vibrant downtown area of Lexington, KY. This exceptional opportunity offers potential buyers a chance to acquire a profitable business with a solid customer base and a track record of success spanning over two decades. The store is ideally situated in a high-traffic location, surrounded by bustling residential and commercial developments, ensuring a constant flow of customers. Don't miss out on this chance to own a thriving liquor store in a prime downtown location.
Showing Information
- Showing Instructions
- Call agent
Tax & Legal
- Tax Rate
- 1.277
- Zoning Description
- commercial
- Directions
- 7th street east
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Special Listing Conditions
- Standard
- Yes
Business Type
- Commercial
- Yes
- Retail
- Yes
Property Features
Business Type:
Commercial; Retail
Possession:
Close Of Escrow; Negotiable
Special Listing Conditions:
Standard
Listing Office:
RE/MAX Creative Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.