701 N Limestone, Lexington, KY 40508
$850,000
Property Type:
Land
Lot Size (sq. ft.):
94,961
Status:
Closed
Current Price:
$850,000
List Date:
7/11/2023
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 22011818
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Unimproved Land
Status Change Information
- Status Change Timestamp
- 2024-02-28
- Purchase Contract Date
- 2024-02-22
- Close Date
- 2024-02-28
- Close Price
- 850000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- NA
Address
- County
- Fayette
- Street Number
- 701
- Street Direction Prefix
- N
- Street Name
- Limestone
- State
- KY
- Zip Code
- 40508
- Directions
- The property is located in the NoLi neighborhood at the intersections of N. Limestone, Seventh Street, and North Upper Street in Downtown Lexington. Located only ½ mile from Lexington's Central Business District, and one block from Lexington's popular Greyline Bus Station.
- Parcel Number
- 10255000
Contract
- Original List Price
- 1199000
- Start Showing Date
- 2022-06-06
- Listing Contract Date
- 2022-06-06
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- List Price/Acre
- 550000
- List Price/SqFt
- 12.63
- Sold Price/Acre
- 389908.26
- Sold Price/SqFt
- 8.95
- SP/LP
- 0.71
Tax Legal
- MLS Area Major
- 002 - Fayette County NE
- Subdivision Name
- Commercial
Lot
- Lot Size Acres
- 2.18
- Lot Size Square Feet
- 94961
More Information
Remarks
- Public Remarks
- • Rarely available 2+ acre offering, being sold as-is • Only ½ mile from Lexington's Central Business District • Located within the heart of Lexington's NoLi neighborhood • Property is surrounded by a number of restaurants, businesses, retailers, and homes • Located one block from Lexington's popular Grey Line Station, a 65,000 SF complex home to retail, offices, dining, radio, event studio, & a public market • Potential to explore zoning possibilities for mixed uses • The property has been historically used as a scrap yard, fuel station, and auto repair uses. • Multiple Addresses: 701, 707, 721, 723, & 727 N. Limestone & 115 W. 7th Street
Showing Information
- Showing Instructions
- Call Listing Agent to Show.
Tax & Legal
- Zoning Description
- B-4
Special Listing Conditions
- Standard
- Yes
Property Features
Special Listing Conditions:
Standard
Listing Office:
Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.