Commercial Development
For Sale
Contact for pricing
Pending
181 N Mill St, Lexington, KY 40507
Four-parcel commercial land assemblage currently operated as a surface parking business.
Property SizeContact for details
Days on Market393
Property Features for 181 N Mill St
General Information
Standard status
Pending
Total Parking Spaces
94
Property subtype
Land
Zoning
B-2B
Listing Agency:
Silvestri Real Estate
Listed By:
Robert Jones · License #KY - 241952
Source:
Crexi
Added: Sep 19, 2025
Changed: Oct 16
Last Checked: Oct 16 at 7:30AM
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 Silvestri Real Estate
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Investment Insights
Based on property information with market context.
This 0.8-acre commercial land assemblage includes four parcels in downtown Lexington. The property is currently used for surface parking, with a lease to a neighboring business extending through April 2026.
The parcels carry B-2B zoning and are situated within an Opportunity Zone and a Qualified Census Tract. The included addresses are 181 N Mill St, 183 N Mill St, 187-193 N Mill St, and 310 W 2nd St, Lexington, KY 40507.
The parcels carry B-2B zoning and are situated within an Opportunity Zone and a Qualified Census Tract. The included addresses are 181 N Mill St, 183 N Mill St, 187-193 N Mill St, and 310 W 2nd St, Lexington, KY 40507.
Key Highlights
- 0.8 acres of commercial land across four total parcels
- B‑2B zoning
- Currently operated as a surface parking business
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,626
Businesses Nearby
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Business Placement
Demographics for 40507, KY
2,043
Population
1,765
Households
1.2
Avg Household Size
44
Median Age
54%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
5,108
Density / Sq Mi
$34,543
Median Household Income
$40,826
Median Earnings
$642
Median Rent
$391,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Four-parcel commercial land assemblage currently operated as a surface parking business.
Where is this commercial land located?
The property is located at 181 N Mill St Lexington, KY.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: 0.8 acres of commercial land across four total parcels; B‑2B zoning; Currently operated as a surface parking business
