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221-239 W Short Street, Lexington, KY 40507

Lexington
Local realty services provided by:CENTURY 21 Advantage Realty
221-239 W Short Street,Lexington, KY 40507
$4,150,000
  • 0.74 Acres
  • Lots / Land
  • Pending
Listed by: gregory leveridge
Office: block + lot real estate
MLS#:25018584
Source:KY_LBAR

Price summary

  • Price:$4,150,000

About this home

Block + Lot is 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, Modified Net Lease structure (Landlord paying property tax only, Tenant pays Insurance and all Operating Costs), strong credit serve this offering, with a recent expiration of a 5 year term currently on month to month with tenant eager to renew (potentially at increased rate) but lending opportunity for new owner to renew, lease to a similar/different professional parking business, or redevelop the site at buyer discretion. Tremendous value add potential given that the revenues today are approximately 55% of what they were in 2019, with the seller having executed the Lease just before the Covid pandemic. Buyer agent fee not included in offered price. -Located in the Designated Opportunity Zone for Lexington, Kentucky -Heart of...

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Home facts

  • Listing ID #:25018584
  • Added:245 day(s) ago
  • Updated:August 21, 2025 at 10:45 PM

Structure and exterior

  • Lot area:0.74 Acres

Finances and disclosures

  • Price:$4,150,000
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