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Distillery District Redevelopment Opportunity
For Sale
$15,500,000
Pending

1170 Manchester Street, Lexington, KY 40508

COMMERCIAL - Lexington, KY

Property Size200,000 SF
Lot Size7.00 Acres
Days on Market542

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 Pending
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
Listed By: Christopher Mitchell · License #197495
Added: Feb 3, 2025 Changed: Jun 26 Last Checked: Jul 30 at 9:06PM
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 commercial property presents a redevelopment opportunity in the heart of The Distillery District of Lexington, Kentucky. The property includes a lower level that is currently leased to multiple tenants. The top four floors are available for redevelopment. The property benefits from ample parking and high visibility. The lot size is 7 acres and the property size is 200,000 square feet.

Key Highlights

  • Year built: 1935
  • Brick and concrete construction
  • Flat tar/gravel roof

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

2,476
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?
Commercial land - Commercial property in Lexington's Distillery District with redevelopment potential.
Where is this commercial land 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: Year built: 1935; Brick and concrete construction; Flat tar/gravel roof
More about this property
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