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Leased Storefront Property

431 Jersey St, Lexington, KY 40508

For Sale
New
$2,000,000

A 1969 storefront building is fully leased on the University of Kentucky campus.

Property Size4,369 SF
Price / SF$457.77
Days on Market2

Property Features for 431 Jersey St

General Information

Standard status Active
Size 4,369 SF
Property subtype Commercial
Occupancy 100%

Site & Location

Neighborhood Historic South Hill Neighborhood

Additional Details

Tenant in Place Yes

Building Details

Year Built 1969
Listing Agency: Keller Williams Commonwealth
Listed By: Lake Cumberland Real Estate Professional
Source: Lakecumberlandky
Added: Nov 6 Last Checked: Nov 6 at 2:44PM

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 Keller Williams Commonwealth

Rey
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Investment Insights

Based on property information with market context.

The storefront property contains 4,369 square feet and was built in 1969. The building is fully leased, with its location on the University of Kentucky campus providing the stated campus context.

Situated at 431 Jersey St in Lexington, the property is identified as part of the UK campus setting.

Key Highlights

  • 4,369‑square‑foot storefront building
  • Fully leased property on the University of Kentucky campus
  • Built in 1969

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Oneness Sneaker Boutique Clothing & Fashion Store

Suggested Use

Top Pick Garden Center Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Nursing Home Auto Parts 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,711
Businesses Nearby
103k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 93% Shops & Services 7%
Raising Cane's Chicken Fingers Dining
34,546 visits/mo 0.1 miles
McDonald's Dining
34,086 visits/mo 0.1 miles
Tropical Smoothie Cafe Dining
7,333 visits/mo 0.5 miles
Chase Bank Shops & Services
6,799 visits/mo 0.5 miles
Qdoba Mexican Grill Dining
6,091 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Storefront properties in Lexington, KY

$437 Jul
$399 Aug
$445 Sep
$374 Oct

Properties on Market for Storefront properties in Lexington

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Cane's Florist — 544 S Upper St, Lexington, KY 40508
  • South-Florist | Flower Delivery Lexington KY — 500 S Upper St, Lexington, KY 40508
  • Somethin' Bloomin' — 418 W Maxwell St, Lexington, KY 40508, United States
  • A New Leaf Inc — Lexington, KY 40507

Frequently Asked Questions

What type of property is this?
Storefront property - A 1969 storefront building is fully leased on the University of Kentucky campus.
Where is this storefront property located?
The property is located at 431 Jersey St Lexington, KY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4,369‑square‑foot storefront building; Fully leased property on the University of Kentucky campus; Built in 1969
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