Lexington Mixed-Use Investment
201-235 Woodland Ave 473-477 East Maxwell 488-498 East High Street, Lexington, KY 40502
Multi-family and commercial properties near the University of Kentucky.
- Added:
- Nov 21, 2025
- Days on Market:
- 183
- Last Refresh:
- Apr 5 at 10:48 pm
Property Features for 201-235 Woodland Ave 473-477 East Maxwell 488-498 East High Street
General Information
- Standard status
- Active
Listing agent Al Isaac License #KY #223721 (859) 422-4400
Listing office NAI Isaac (859) 422-4400
Listing date Nov 21, 2025
Source Naiglobal
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 NAI Isaac
HighLights
- 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.
- Located in one of Lexington's wealthiest zip codes.
- Favorable zoning allows for a variety of uses (B‑1, P‑1, R‑3).
- Most of the property is not in the Historic Overlay zone, allowing for building modifications or new construction.
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5001
- Latitude
- 38.0464
Nearby Similar for Sale
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 Woodland Ave 473-477 East Maxwell 488-498 East High Street 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.
