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1020 Monarch St Lexington, KY 40513

Sponsored
For Sale
$3,100,000

COMMERCIAL - Lexington, KY

Type:Office
Property size:
22,536 SF
Lot size:
1.45 Acres
Days on Market:
107
Last Refresh:
Jan 21 at 1:06 am

Property Features for 1020 Monarch St

General Information

Property type
Commercial Sale
Property subtype
Office
Standard status
Active
APN
38111720
Size
22,536 SF
Lot size
1.45 Acres

Building Details

Year built
2004
Floors in Building
3
Roof type
Membrane

We can help!

Listing Contact
Kevin Verhoven

The Gibson Company 2248833

Listing agent Kevin Verhoven (859) 224-8833

Listing date Oct 7, 2025

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Well-Maintained Office Building in Lexington

Located in Lexington's Beaumont Centre, 1020 Monarch Street is a well-maintained three-story professional office building. The building contains approximately 22,536 square feet and features elevator service and ample surface parking. The first floor is fully leased to two professional tenants, providing stable income. The second floor includes a large training room, an open area suitable for cubicles or workstations, three private offices, a large conference room, and a spacious break room. The third floor, comprising 7,632 rentable square feet, offers 22 private offices, large and small conference rooms, two public restrooms plus one private restroom, a large break room, and a dedicated storage room. Situated in the heart of Beaumont Centre near Harrodsburg Road, New Circle Road, and Man O' War Boulevard, the property is surrounded by restaurants, retail, and professional services. This property, set on a 1.45-acre lot, presents an opportunity for an owner-occupant to occupy the upper floors while benefiting from existing rental income on the first floor.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mid-America Conversion Services General Contractor of Doctors of Audiology Medical Clinic Advancmed Non-Profit Organization National Association State ... Non-Profit Organization The Thrasher Group Civil Engineering Company

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.55511
Latitude
38.022259

FAQs

What type of property is this?
Office building - Three-story office building in Beaumont Centre with stable income.
Where is this office building located?
The property is located at 1020 Monarch St Lexington, KY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: - Excellent owner-occupant or investment opportunity in desirable Beaumont Centre location.; - First floor is fully leased to two professional tenants, providing stable income.; - Flexible space: Upper floors suitable for owner-occupancy with existing rental income.
More about this property
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