Search
Five-Story Mixed-Use Property
For Sale
$15,500,000

1170 Manchester St, Lexington, KY 40508

Historic commercial building with leased lower-level space, four upper floors, and on-site parking.

Property Size200,000 SF
Price / SF$77.50
Days on Market24

Property Features for 1170 Manchester St

General Information

Standard status Active
Size 200,000 SF

Building Details

Year Built 1935
Tenancy Multi
Listing Agency: Bluegrass Sotheby's International Realty
Listed By: Christopher Mitchell · License #197495
Source: Sellkentucky
Added: Aug 9 Changed: Aug 27 Last Checked: Aug 30 at 8:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bluegrass Sotheby's International Realty

Investment Insights

Based on property information with market context.

Constructed in 1935, this five-story mixed-use property contains approximately 200,000 square feet. The lower level is leased to multiple tenants, while the four upper floors are available for redevelopment or reconfiguration. On-site parking is included.

The property is located at 1170 Manchester St in Lexington, Kentucky, within The Distillery District. Its high-visibility setting supports a range of mixed-use redevelopment considerations, subject to applicable approvals and site requirements.

Key Highlights

  • Approximately 200,000 square feet across five floors
  • Lower level leased to multiple tenants
  • Four upper floors available for redevelopment

Property Analytics

Current Use

RELIC Lexington Home Decor Store Brevede Coffee Distillery ... Cafe & Coffee Shop Pepper Rickhouse Tour Operator Old Distillery & Warehoue Warehouse & Storage VIBE Lexington Barre, ... Gym & Fitness Center

Suggested Use

Top Pick Nail Salon Dental Office Bakery Skin Care Clinic Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

682
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial building with leased lower-level space, four upper floors, and on-site parking.
Where is this mixed-use property located?
The property is located at 1170 Manchester St 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 across five floors; Lower level leased to multiple tenants; Four upper floors available for redevelopment
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message