For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

201-235 East High St Lexington, KY 40502

For Sale
$3,595,000

Multi-family and commercial properties near the University of Kentucky.

Source: Al Isaac Agent Al Isaac

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lexington Mixed-Use Investment Portfolio

This multi-family and commercial mixed-use investment portfolio is located in Lexington, in a prime area near the University of Kentucky, specifically East High and East Maxwell Streets. The portfolio comprises multiple residential and commercial properties situated within four blocks of the University of Kentucky's main campus, which has over 31,800 students and 14,000 employees. The properties are located within close proximity to downtown Lexington. The residential properties are situated off Euclid Ave and Woodland Ave near the W.T. Young Main Library. Kroger and Chevy Chase shopping area with banks (ATMs), drug stores, Starbucks, Domino's pizza, etc. are all within walking distance. Located in one of Lexington's wealthiest zip codes. The properties are zoned B-1 (Neighborhood Business), P-1 (Professional Office) and R-3 (Planned Neighborhood Residential). Most of the property is not located in the Historic Overlay zone, so building modifications or new construction are permitted in accordance to the zoning ordinance. The portfolio's net operating income (NOI) is $273,891.
Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Building Supply Clothing Store Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.500136
Latitude
38.046439

FAQs

What type of property is this?
Mixed-use property - Multi-family and commercial properties near the University of Kentucky.
Where is this mixed-use property located?
The property is located at 201-235 East High St Lexington, KY.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: - Prime location within four blocks of the University of Kentucky main campus.; - Mixed-use investment portfolio including both multi-family and commercial properties.; - Strong income potential with a NOI of $273,891.
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