$1,350,000

550 W Fourth St

Lexington KY, 40508

Description

+/-25,057 SF industrial building on +/-1.85 AC for sale Adjacent to Transylvania University and The Flats at 345 (new apartment community) Located near many restaurants, shopping and attractions along Jefferson St, as well as Lexington's Central Business District, the $241 Million expansion/renovation of the Lexington Center/Rupp Arena (Under Construction), the future $40 Million Town Branch Park (Under Construction), Transylvania University, The Cheapside Pavilion, the United States District Courthouse and the $32 Million recently renovated Fayette County Courthouse.The nearby Jefferson Townhome Development is a new construction, gated community and Phase II of the townhome development is currently under construction This property may be eligible to benefit from incentives for investing in Opportunity Zones - to learn more visit http://www.thinkkentucky.com/OZ/ Electric: 3 Phase, 4 - 400 Amps for a total of 1,600 Amps Column Spacing: 21' x 28' 6,800 lb crane

Details

MLS#1904966
Sub-TypeResale
StatusActive
Year1957
Days On Site173

Features

SQ Feet25,000
Story(s)2
ZoningI-1

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Area Information

StateKY
CountyFayette
CityLexington
Zip Code40508
AreaFayette County NW 1
Listing VS Median (in 40508)
Price:
$1,350,000
low | high
Med:
$169,500
100% of Average
SqFt:
25,000
low | high
Med:
1,080
100% of Average
$ / SqFt:
$54
low | high
Med:
$157
100% of Average
On Site:
173
low | high
Med:
105
100% of Average
Listing Updated: 09/22/2019
MLS Number: 1904966
Listing Provided By:
Jack Woodruff  of  Woodruff Properties LLC