Mixed-Use Building with Four Upper
For Sale
$15,500,000
1170 Manchester Street, Lexington, KY 40508
Commercial Sale, Lexington, KY
Property Size200,000 SF
Lot Size7.00 Acres
Price / SF$77.50
Days on Market590
Property Features for 1170 Manchester Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
I-2
Parking
56
Subdivision
Commercial
Directions
Manchester Street away from Downtown. Property is on your right.
Standard status
Active
APN
25642500 / 22406000
Size
200,000 SF
Lot size
7.00 Acres
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Building Details
Year built
1935
Floors in Building
5
Building materials
Brick, Concrete
Roof type
Tar/Gravel, Flat
Listing Agency:
Bluegrass Sotheby's International Realty
(859) 268-0099
Listed By:
Christopher Mitchell · License #197495
(859) 321-2898
Added: Feb 3, 2025
Changed: Sep 12
Last Checked: Sep 16 at 11:06AM
MLS# 25001835
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.
Investment Insights
Based on property information with market context.
This mixed-use property at 1170 Manchester Street in Lexington, Kentucky, contains approximately 200,000 square feet across a 7-acre site. Built in 1935, the structure uses brick and concrete construction and includes a flat tar-and-gravel roof. The lower level is leased to multiple tenants, while the upper four floors are available for redevelopment or reconfiguration.
The property includes parking and is served by public sewer, with phone service available. Its location in Lexington’s 40508 ZIP code places the building within Fayette County. The existing improvements provide a substantial base for continued mixed-use occupancy and future work on the upper levels.
The property includes parking and is served by public sewer, with phone service available. Its location in Lexington’s 40508 ZIP code places the building within Fayette County. The existing improvements provide a substantial base for continued mixed-use occupancy and future work on the upper levels.
Key Highlights
- Approximately 200,000 square feet on 7 acres
- Four upper floors available for redevelopment
- Lower level leased to multiple tenants
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Explore this area
Business Placement
Demographics for 40508, KY
25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick-and-concrete property with a leased lower level and four upper floors available for redevelopment.
Where is this mixed-use property located?
The property is located at 1170 Manchester Street Lexington, KY.
What is the asking price?
The asking price for this property is $15,500,000.
What are key features of this property?
This property features: Approximately 200,000 square feet on 7 acres; Four upper floors available for redevelopment; Lower level leased to multiple tenants
