325 Oliver Lewis Way, Lexington KY, 40508
(Active)
$85,000
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MLS# 23016351
Last Updated: 5/12/2024 5:32 PM
Description for
325 Oliver Lewis Way
Lexington, KY 40508
Yes, there is actually land available for development in downtown Lexington near the newly expanded Convention Center, Historic Distillery District, Town Branch Distillery, and Central Business District! The Davis Park development has Two premiere lots totaling 4.80 Acres available for Ground Lease at outstanding locations. 325 Oliver Lewis Way (Lot #27) is appx 1.75 acres zoned B-3 on the corner of Oliver Lewis Way & W High Street with ingress and egress on each street. This location is growing fast and surrounded by development and ideal for retail. 525 De Roode St. (Lot #30) is appx 3.1 Acres zoned MU-2 and also sits on a corner of Oliver Lewis Way and Scott St. Oliver Lewis was recently completed and serves as a convenient connector from downtown to the University of Kentucky. This lot is ideal for a multitude of uses such as retail, office, or flex! All utilities are available to the site. This development is planned to have 60+ apartments, a brand new public park, and Community Center, and more. Fayette county is limited on land opportunities such as this, especially with access to entertainment, shopping, and dining on all sides!
Price
$85,000
Commercial
Fayette
23016351
Active
Description
Yes, there is actually land available for development in downtown Lexington near the newly expanded Convention Center, Historic Distillery District, Town Branch Distillery, and Central Business District! The Davis Park development has Two premiere lots totaling 4.80 Acres available for Ground Lease at outstanding locations. 325 Oliver Lewis Way (Lot #27) is appx 1.75 acres zoned B-3 on the corner of Oliver Lewis Way & W High Street with ingress and egress on each street. This location is growing fast and surrounded by development and ideal for retail. 525 De Roode St. (Lot #30) is appx 3.1 Acres zoned MU-2 and also sits on a corner of Oliver Lewis Way and Scott St. Oliver Lewis was recently completed and serves as a convenient connector from downtown to the University of Kentucky. This lot is ideal for a multitude of uses such as retail, office, or flex! All utilities are available to the site. This development is planned to have 60+ apartments, a brand new public park, and Community Center, and more. Fayette county is limited on land opportunities such as this, especially with access to entertainment, shopping, and dining on all sides!
Listing Information
| Property Type: Other | ||
| 1.75 Acres | ||
Commercial
Neighborhood
Room Information
Exterior / Lot Features
B-3
Driving Directions
This is a rare opportunity to lease land between Rupp arena and the University of Kentucky near the future home of Town Branch Park and Town Branch Trail. Property has frontage on Oliver Lewis Way, W. High St., and Scott St.
Financial Considerations
| 12049050-B |
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 |
|---|---|---|---|
| 8/24/2023 | Active | $85,000 USD |
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Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | - USD | - | $40,000 USD | - |