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

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.

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

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.