102-112 W Short Street, Lexington, KY 40507
Local realty services provided by:CENTURY 21 Advantage Realty
102-112 W Short Street,Lexington, KY 40507
$1,200,000
- 0.12 Acres
- Lots / Land
- Pending
Listed by: gregory leveridge
Office: block + lot real estate
MLS#:25018559
Source:KY_LBAR
Price summary
- Price:$1,200,000
About this home
We are pleased to present this rarely available, high barrier for entry offering in the heart of downtown Lexington. This prime location serves as parking for the surrounding retail and office that serve downtown Lexington. Stabilized income, NNN Lease structure with BG Parking Partners LLC strong credit serve this offering through December 31, 2028, As well, the Owner enjoys the option to terminate with 30 days notice to Tenant, lending flexibility to buyer as opportunity for new owner to lease to a similar/different professional parking business or redevelop the site at buyer discretion. Buyer agent fee not included in offered price.
-Located in theDesignated Opportunity Zone for Lexington, Kentucky
-Heart of Downtown Lexington, surrounded by retail, office, and residential
-Rarely available purchase opportunity with beneficial Lease structure to Landlord and multitude of possibilities for new owner
-NOI of $72,000, contact agent for financial and lease detail
-Value add potential through increased rents
-15 Parking Spaces
-Opportunity to maintain stabilized parking income or to redevelop the site
-Landlord beneficial Lease structure
-Loan Assumption possibility...
Contact an agent
Home facts
- Subdivision & Development:Commercial
- Listing ID #:25018559
- Added:343 day(s) ago
- Updated:August 21, 2025 at 10:45 PM
Structure and exterior
- Lot area:0.12 Acres
Finances and disclosures
- Price:$1,200,000
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