508 Maryland, Lexington, KY 40508
$1,300,000
Property Type:
Commercial Sale
Square Footage:
19,443
Lot Size (sq. ft.):
42,689
Status:
Closed
Current Price:
$1,300,000
List Date:
3/04/2015
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1503984
Listing Information
- Property Sub Type
- Mixed Use
Status Change Information
- Price Change Timestamp
- 2016-03-15T04:00:00Z
- Status Change Timestamp
- 2016-03-15
- Purchase Contract Date
- 2016-03-11
- Close Date
- 2016-03-11
- Close Price
- 1300000
- Buyer Financing
- Other
- Sale Type
- Arms Length Sale
- Concessions Comments
- No
Address
- County
- Fayette
- Street Number
- 508
- Street Name
- Maryland
- State
- KY
- Zip Code
- 40508
- Parcel Number
- 19306630
Contract
- Original List Price
- 1690000
- Start Showing Date
- 2015-03-04
- Listing Contract Date
- 2015-03-04
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
- Office Exclusive YN
- No
- List Price/SqFt
- 86.92
- Sold Price/SqFt
- 66.86
- SP/LP
- 0.77
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Commercial
Interior
- Building Area Total
- 19443
More Information
Parking Information
- Parking Total
- 56
Building
- Basement YN
- Yes
- Year Built
- 1965
- Stories Total
- 2
Lot
- Lot Size Acres
- 0.98
- Lot Size Square Feet
- 42688.84
Utilities
- Cooling YN
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Water Available
- Yes
Remarks
- Public Remarks
- This commercial property in the Jefferson Street corridor offers unlimited opportunities! This former YMCA has nearly 20,000 square feet to work with and more parking than any other business location in the downtown corridor. This building has the potential of being the focal point of the bustling Jefferson corridor. Your options are endless. Invest in this great opportunity today! Owner/Agent.
Showing Information
- Showing Instructions
- No lockbox. LA must accompany.
Tax & Legal
- Tax Rate
- 1.1191
- Zoning Description
- R-4 with Conditional Use
- Directions
- Outbound West Main, right on Jefferson. Past Nick Ryan's, Grey Goose, Blue Heron, Enoteca and W+M Market. Across the Street from the New Apiary Restaurant. Corner of Jefferson and Maryland.
Construction Materials
- Concrete
- Yes
Parking Features
- Off Site
- Yes
- On Site
- Yes
- Paved
- Yes
Roof
- Flat
- Yes
Special Listing Conditions
- Standard
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Partially Carpeted
- Yes
- Vinyl Flooring
- Yes
- Wood Flooring
- Yes
Business Type
- Mixed
- Yes
- Recreation
- Yes
- Other
- Yes
Ceiling
- Dropped
- Yes
Sale Includes
- Building(s)
- Yes
- Equipment
- Yes
- Fixtures
- Yes
- Land
- Yes
Documents
- Survey
- 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; Vinyl Flooring; Wood Flooring
Business Type:
Mixed; Recreation; Other
Ceiling:
Dropped
Construction Materials:
Concrete
Parking Features:
Off Site; On Site; Paved
Roof:
Flat
Sale Includes:
Building(s); Equipment; Fixtures; Land
Special Listing Conditions:
Standard
Water Heater:
Water Heater
Documents:
Survey
Listing Office:
Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.