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    891 Georgetown St Lexington, KY 40508

    For Sale
    $160,000

    SINGLE_FAMILY - Lexington, KY

    Type:Retail
    Property size:
    440 SF
    Lot size:
    0.17 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 891 Georgetown St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    B-1
    Rooms
    Basement
    APN
    15105025
    Size
    440 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1939
    Floors in Building
    1

    The Gibson Company 2248833

    Listing agent Ernie B Arnold (859) 312-3598

    Listing date Nov 20, 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

    Retail Property on Georgetown Street

    This 440-square-foot retail property is located on the corner of Georgetown Street and Price Road in Lexington, Kentucky. The property is zoned B-1. The lot size is 0.17 acres. There is currently a month-to-month tenant in place, paying $1,500 per month. The tenant is responsible for utilities and minor maintenance, while the owner covers taxes and insurance. The property benefits from high visibility due to its corner location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zaki Mediterranean Grill Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -84.504699
    Latitude
    38.070398

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    FAQs

    What type of property is this?
    Retail space - Retail property for sale with month-to-month tenant.
    Where is this retail space located?
    The property is located at 891 Georgetown St Lexington, KY.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - High-visibility corner lot location at Georgetown Street and Price Road.; - Tenant in place providing $1,500 monthly income.; - Tenant responsible for utilities and minor maintenance.
    (859) 312-3598
    Request Owner's contact information
    891 Georgetown St Lexington, KY 40508
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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
    891 Georgetown St Lexington, KY 40508
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