864 S Broadway, Lexington, KY 40504
$850,000
Property Type:
Commercial Sale
Square Footage:
5,537
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$850,000
List Date:
10/15/2021
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 20106832
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Business
Status Change Information
- Status Change Timestamp
- 2022-03-02
- Purchase Contract Date
- 2022-01-17
- Close Date
- 2022-03-02
- Close Price
- 850000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
Address
- County
- Fayette
- Street Number
- 864
- Street Direction Prefix
- S
- Street Name
- Broadway
- Street Suffix Modifier
- 866
- State
- KY
- Zip Code
- 40504
- Parcel Number
- 11882068
Contract
- Original List Price
- 1450000
- Start Showing Date
- 2021-04-16
- Listing Contract Date
- 2021-04-16
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
- Office Exclusive YN
- No
- SP/LP
- 0.59
Tax Legal
- MLS Area Major
- 004 - Fayette County SW
- Subdivision Name
- Downtown
Interior
- Living Area
- 5537
More Information
Parking Information
- Parking Total
- 35
Building
- Basement YN
- Yes
- Year Built
- 1962
- Stories Total
- 2
Lot
- Lot Size Acres
- 0.34
- Lot Size Square Feet
- 14810.41
Utilities
- Cooling YN
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
Remarks
- Public Remarks
- The Opportunity Has Arrived For A Great Investment. Prime location along the South Broadway corridor with an extra vacant lot for parking, plus a 5500+- SF two story building with attic & basement, for development, near UK campus for housing, medical offices, restaurants, retail, and commercial options. Many updates of flooring, paint, plumbing, roof, HVAC, security system, hot water heater and much more. This has been used in the past with 10 large bedrooms, 5 bathrooms, kitchen, dining areas, plus many office and storage areas. Ample parking lot available makes this an attractive investment. Possibilities are endless. Across from the former Old Coach House, Tear down or renovate, Sold As Is. Zoned R-3/Land Use 499-C Call today for your showing.
Tax & Legal
- Tax Rate
- 1.2774
- Zoning Description
- R3/499C
- Directions
- South Broadway InBound. Property on right, turn by Starbucks on Broadway Park - Property on other corner. Pull into Pondexter Aly behind the building.
Association/Community
- Number Of Buildings
- 2
Construction Materials
- Stone
- Yes
- Wood Siding
- Yes
- Other
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Composition
- Yes
Sewer
- Public Sewer
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Other Flooring Type
- Yes
- Tile/Brick Floor
- Yes
Business Type
- Commercial
- Yes
- Mixed
- Yes
Ceiling
- Drywall
- Yes
- Other
- Yes
Electric
- 3 Phase
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Property Features
Utilities:
Electricity Available; Natural Gas Available; Sewer Connected; Water Available; Electricity Available; Natural Gas Available; Sewer Connected; Water Available
Building Features:
Other Flooring Type; Tile/Brick Floor
Business Type:
Commercial; Mixed
Ceiling:
Drywall; Other
Construction Materials:
Stone; Wood Siding; Other
Electric:
3 Phase
Parking Features:
On Site; Paved
Possession:
Close Of Escrow
Roof:
Composition
Sale Includes:
Building(s); Land
Sewer:
Public Sewer
Water Heater:
Water Heater
Listing Office:
United Real Estate Bluegrass
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.