948 Manchester Street, Lexington, KY 40508

$880,593
Property Type: Commercial Sale Square Footage: 6,621 Lot Size (sq. ft.): 20,909 Status: Closed
Current Price: $880,593 List Date: 12/06/2022 Last Modified: 9/03/2025

Overview

Description

We are pleased to present this free-standing 6,621 SF (per PVA), mixed-use property at 948-950 Manchester Street. The property was constructed in 1973 (per PVA) and sits on 0.48 acres of B-4 (Wholesale Warehouse) land, with an adaptive reuse overlay which allows a multitude of uses including retail, office, warehouse, etc. There is a parking lot consisting of approximately 14 spaces plus free street parking along the side road (Willard Street). The property is currently configured into 3 sections, the first is an open room with concrete floors and a restroom, the second is a turn-key office with a large open office area including an exposed kitchen, two private offices, and one large storage closet, and the third section is a large open room. Connecting the second and third sections is a small hallway with men's and women's restrooms off of it. In addition, there is an exposed courtyard in the property which could make beautiful outdoor space or be covered to create additional square f ...

Listing Details MLS# 22025327

Listing Information

Comp Sale YN
No
Property Sub Type
Industrial

Status Change Information

Status Change Timestamp
2023-02-15
Purchase Contract Date
2022-12-08
Close Date
2023-02-02
Close Price
880593

Address

County
Fayette
Street Number
948
Street Name
Manchester
Street Suffix
Street
State
KY
Zip Code
40508
Parcel Number
13630300

Contract

Original List Price
950000
Start Showing Date
2022-11-21
Listing Contract Date
2022-11-21
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
SP/LP
0.93

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Interior

Living Area
6621

More Information

Parking Information

Parking Total
20

Building

Year Built
1973

Lot

Lot Size Acres
0.48
Lot Size Square Feet
20909

Remarks

Public Remarks
We are pleased to present this free-standing 6,621 SF (per PVA), mixed-use property at 948-950 Manchester Street. The property was constructed in 1973 (per PVA) and sits on 0.48 acres of B-4 (Wholesale Warehouse) land, with an adaptive reuse overlay which allows a multitude of uses including retail, office, warehouse, etc. There is a parking lot consisting of approximately 14 spaces plus free street parking along the side road (Willard Street). The property is currently configured into 3 sections, the first is an open room with concrete floors and a restroom, the second is a turn-key office with a large open office area including an exposed kitchen, two private offices, and one large storage closet, and the third section is a large open room. Connecting the second and third sections is a small hallway with men's and women's restrooms off of it. In addition, there is an exposed courtyard in the property which could make beautiful outdoor space or be covered to create additional square footage.

Showing Information

Showing Instructions
Contact Agent for Showing

Tax & Legal

Tax Rate
1.2366
Zoning Description
B-4 Adaptive Reuse
Directions
The property is ideally located in close proximity to not only the Distillery District, but the newly renovated Central Bank Center, and the new Town Branch Park & Town Branch Commons. Town Branch Commons is a public-private park system that traces the historic Town Branch Creek through downtown Lexington. Town Branch Commons is composed of Town Branch Park and Town Branch Trail.

Association/Community

Number Of Buildings
1

Special Listing Conditions

Standard
Yes

Business Type

Industrial
Yes
Professional/Office
Yes
Retail
Yes

Property Features

Business Type: Industrial; Professional/Office; Retail Special Listing Conditions: Standard
Listing Office: Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.