School Campus with
123-147 East Sixth Street, Lexington, KY 40508
For Sale
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Three adjoining parcels combine a former school campus with two parking parcels and distinct residential and commercial zoning.
Property Size47,790 SF
Days on Market29
Property Features for 123-147 East Sixth Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Frontage
Road Access
Public Transit
Utilities to Site
Additional Details
Land Use
Tenant in Place
Amenities
gym/auditorium
library
cafeteria
Building Details
Year Built
Buildings
Construction
Listing Agency:
Tranzon LLC Elizabethtown
Listed By:
Edward Durnil · License #KY P1734
(270) 769-0284
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 4:12PM
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 Tranzon LLC Elizabethtown
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Investment Insights
Based on property information with market context.
The property comprises a 47,790-square-foot former school building on approximately 3.09 acres, together with two adjoining parking parcels totaling approximately 0.10 acre. Built in 1939 with additions through 1976, the brick masonry building includes classrooms, offices, a library, cafeteria, and gymnasium/auditorium, with plumbing, electrical, and HVAC access throughout. The parcels are offered together, with the parking sites across Keller Alley from the main campus.
The property has 324 feet of frontage on East Sixth Street and additional access via Keller Alley and Glass Alley. It is a few blocks north of downtown Lexington and half a block from North Limestone Street, with a LexTran bus stop at the corner. The University of Kentucky, Transylvania University, and downtown Lexington employment base are within a few miles.
The main campus is zoned R-3, which permits multifamily use by right; the outparcels are zoned B-1 for commercial or parking use. Public utilities are available, and the property is in FEMA Flood Zone X.
The property has 324 feet of frontage on East Sixth Street and additional access via Keller Alley and Glass Alley. It is a few blocks north of downtown Lexington and half a block from North Limestone Street, with a LexTran bus stop at the corner. The University of Kentucky, Transylvania University, and downtown Lexington employment base are within a few miles.
The main campus is zoned R-3, which permits multifamily use by right; the outparcels are zoned B-1 for commercial or parking use. Public utilities are available, and the property is in FEMA Flood Zone X.
Key Highlights
- 47,790‑square‑foot former school building on approximately 3.09 acres
- Two adjoining parking parcels total approximately 0.10 acre
- 324 feet of frontage on East Sixth Street, plus access from Keller Alley and Glass Alley
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,043
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
Frequently Asked Questions
What type of property is this?
School - Three adjoining parcels combine a former school campus with two parking parcels and distinct residential and commercial zoning.
Where is this school located?
The property is located at 123-147 East Sixth Street Lexington, KY.
What are key features of this property?
This property features: 47,790‑square‑foot former school building on approximately 3.09 acres; Two adjoining parking parcels total approximately 0.10 acre; 324 feet of frontage on East Sixth Street, plus access from Keller Alley and Glass Alley
