1951 North Broadway, Lexington KY, 40505
(Active)
$1,500,000
|
2,600 sqft
|
MLS# 24001239
Last Updated: 5/11/2024 12:08 AM
Description for
1951 North Broadway
Lexington, KY 40505
Block+Lot is excited to offer 1.3 acres of flat, retail land off of N. Broadway for lease or for sale. The property is conveniently located just off Interstates 75/64 and only 0.8 miles from Downtown Lexington, and is conducive to redevelopment or to be used as is. The 2,600 SF restaurant is available for lease and with many recent improvements is in excellent condition, ready for a new restaurant to take over as second generation restaurant space. All fully-equipped kitchen equipment is included. Immediately surrounding the site is a Shell gas station, Marathon gas station, and Days Inn and Suites. There are approximately 26,600 avg. cars/day on N. Broadway.The property is zoned B-5P (Interchange Business) making it ideal for many retail uses including restaurants and convenience stores, hospitality, and gas/automotive service stations.The former Transylvania University Baseball fields were recently purchased, and upon approval, will be transformed into an affordable housing development featuring homes, apartments, and possibly townhomes on the 12.5-acre property. Learn more: https://amp.kentucky.com/news/local/counties/fayette-county/article286728455.html.
Price
$1,500,000
Commercial
Fayette
2,600 (approx)
24001239
Active
Description
Block+Lot is excited to offer 1.3 acres of flat, retail land off of N. Broadway for lease or for sale. The property is conveniently located just off Interstates 75/64 and only 0.8 miles from Downtown Lexington, and is conducive to redevelopment or to be used as is. The 2,600 SF restaurant is available for lease and with many recent improvements is in excellent condition, ready for a new restaurant to take over as second generation restaurant space. All fully-equipped kitchen equipment is included. Immediately surrounding the site is a Shell gas station, Marathon gas station, and Days Inn and Suites. There are approximately 26,600 avg. cars/day on N. Broadway.The property is zoned B-5P (Interchange Business) making it ideal for many retail uses including restaurants and convenience stores, hospitality, and gas/automotive service stations.The former Transylvania University Baseball fields were recently purchased, and upon approval, will be transformed into an affordable housing development featuring homes, apartments, and possibly townhomes on the 12.5-acre property. Learn more: https://amp.kentucky.com/news/local/counties/fayette-county/article286728455.html.
Listing Information
| Property Type: Other | ||
| 1.3 Acres | 2,600 (approx) | 1968 |
Commercial
Neighborhood
Room Information
Exterior / Lot Features
B-5P
Driving Directions
Located on N Broadway right next to Haggard Lane and the interstate interchange.
Financial Considerations
| 13895950 |
Listing Price History
Lexington Real Estate
Lexington is located in Kentucky.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/23/2024 | Active | $1,500,000 USD |
|