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Last updated on October 18th, 2024

Online Auction – Heart of Lexington Retail-1

$1,234,567

601 W. Main Street, Lexington, Kentucky 40508


Building Size6,125 Square Feet
Land Size0.4 Acres
Zoningb-2B

Rare Downtown Lexington Retail Location at Signalized Intersection

  • High Traffic Location at W. Main & Jefferson St. just 1-Block from Rupp Arena & the Lexington Convention Center!
  • 2 minute walk to Rupp, Convention Center, Mary Todd Lincoln House, Towne Branch Park and Everything Vibrant Downtown Lexington has to Offer!
  • Extremely Rare Opportunity for Investment, Retail Location, Newest Tavern, Stylish Restaurant with Deeded Parking, Dual Entrances/Exits, Renovated Interior and Exterior
  • First Floor Retail, Front and Side Entrance, Upstairs Residential for Air BNB or Conversion to Office, Retail or Market Rent Apartments
  • New Town Branch Park (a $39 Million Investment) is merely Yards Away from the Premier Commercial/Retail Property - www.townbranchpark.org
  • Fantastic Location for the Coolest New Boutique Gallery - Nightspot – Dining Locale or Retail Venue!!
  • Significant Improvements, First Floor Apartment, Second Floor Apartment/Office, Paved Parking with 2 Street & Alleyway Access – Rear Patio Area
  • Zoning is B-2B Downtown Center Business – Numerous Allowable Uses
  • Ownership Dissolution through Mediated Settlement Order for Directed Immediate Sale of Assets
  • Vital Statistics: 4,294 +/- SF Above Grade – 1,831 +/- SF Basement – Brick Exterior – Central HVAC throughout – 17,424 +/- SF Land incl. Asphalt Parking Lot – All Utilities to Site – Multiple Access Points – Membrane Roof (Note: All Dimensions and Sizes are from Fayette Co. PVA-Buyer is Required to Verify)
  • Title Commitment Available – Selling Free and Clear – Insurable Title
  • Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed
  • Brokers Protected & Buyer Agents Welcome – 2% Buyer Agent Fee Offered

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com
10% Buyer's Premium and other terms apply
Online bidding ends November 19th at 3:00 pm ET
Inspection: November 12th at 12:00pm ET

Property Address: 601 & 605 West Main Street, Lexington, Kentucky 40508

#tranzon #auction #onlineauction #realestate #realestateauction


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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