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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
Portfolio of Multi-Family and Commercial properties located on Woodland Avenue, East Maxwell Street and East High Street. Great investment with all properties located within close proximity to downtown Lexington and the University of Kentucky.
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Location

  • City Lexington, KY
  • Neighborhood Transylvania Park
  • Zip Code 40502
  • Market Lexington

Contacts

Al Isaac

NAI Isaac Commercial Properties

(859) 422-4400

Highlights

  • 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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Attachments

Contact Listing Broker

Al Isaac

NAI Isaac Commercial Properties

(859) 422-4400

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