Multi-Family/Commercial Mixed-Use Investment Portfolio
201-235 Woodland Ave, 473-477 East Maxwell, 488-498 East High Street, Lexington, KY 40502
- For Sale $3,100,000
- Property Type Retail - Street Retail
- Property Size 16,000 SF
- Lot Size 0.72 Acre
- Property Tenancy Multi-Tenant
- Date Updated Jun 24, 2022
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- City Lexington, KY
- Neighborhood Transylvania Park
- Zip Code 40502
- Market Lexington
- Multiple residential and commercial properties portfolio located in a prime University of Kentucky area
- Great investment with all properties located within four blocks of the University of Kentucky main campus and three blocks of downtown Lexington
- University of Kentucky has over 31,800 students and 14,000 employees
- Kroger and Chevy Chase shopping area with banks (ATMs), drug stores, Starbucks, Domino's pizza, etc. all within walking distance
- Located in one of Lexington's wealthiest zip codes
- Zoned B-1 (Neighborhood Business), P-1 (Professional Office) and R-3 (Planned Neighborhood Residential) with a maximum building height of 35'
- Portfolio is not located within the Historic Overlay District (H-1) so building modifications or new construction are permitted in accordance to the zoning ordinance
- NOI: $165,520
- Sale Price: $3,999,000 REDUCED TO $3,100,000
Frequently Asked Questions
What is the total square footage of Multi-Family/Commercial Mixed-Use Investment Portfolio?
Multi-Family/Commercial Mixed-Use Investment Portfolio totals 16,000 square feet.
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