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

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.

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

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.

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.