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    117 W Maxwell St Lexington, KY 40508

    For Sale
    $269,900

    COMMERCIAL - Lexington, KY

    Type:Office
    Property size:
    952 SF
    Lot size:
    0.05 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 117 W Maxwell St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    17008100
    Parking features
    Offsite
    Size
    952 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1900

    Top Ten Realty 2774567

    Listing agent Jon Travis T Emnett (859) 277-4567

    Listing date Dec 2, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lexington Office/Live-Work Opportunity

    This property, remodeled 25 years ago and well-maintained, offers a blend of historical character and modern features. Previously used as an office, the property is zoned B-1, allowing for use as a commercial office or a live-work space. The 952 square feet building includes multiple fireplaces, hardwood flooring, high ceilings, a kitchenette, and a full bath. A covered front porch provides a welcoming entry. Located in Lexington, KY, the property is conveniently situated near downtown and the University of Kentucky (UK). The 0.0457-acre lot currently has no on-site parking; however, street parking is available, along with monthly spots at the Lextran transit center. There is a courtyard to the side of the building that could potentially be converted into parking if a utility pole is moved.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Nail Salon Dental Office Clothing Store Building Supply Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.50159
    Latitude
    38.043864

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    FAQs

    What type of property is this?
    Office building - Versatile B-1 zoned property near downtown and UK.
    Where is this office building located?
    The property is located at 117 W Maxwell St Lexington, KY.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Prime location near downtown Lexington and the University of Kentucky (UK).; - Zoned B-1, allowing for flexible use as an office or a 'live where you work' setup.; - Remodeled 25 years ago, blending historic character with modern features.
    (859) 277-4567
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    Lexington, KY 40508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 W Maxwell St Lexington, KY 40508
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