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Property profile & analytics
OFF-MARKET
Specialty properties

247 Lexington Rd Versailles, KY 40383

1,660 SF Built 1822
Property ID
Property summary
AI-generated overview

This exceptional 1,660 square foot office space, housed in a beautifully preserved 1822 historic home, presents a unique opportunity in the heart of Downtown Versailles. Ideally situated for convenient access to the courthouse square, local businesses, shops, and restaurants, this single-tenant property offers unparalleled convenience and charm. The building features two large rooms with the potential for subdivision to create smaller, more specialized work areas, catering to a variety of business needs. A full kitchen and a half bath add to the functionality and comfort of the space. Ample storage is available, and a covered back patio provides a pleasant outdoor area. Seven dedicated parking spaces ensure convenient parking for employees and clients. The property is zoned commercial and sits on a 10,000 square foot lot. A Net Net Net (NNN) lease is available for a two-year term, subject to lessee qualification. The monthly rent is $1950. This property is perfect for businesses seeking a prestigious and convenient location in a vibrant downtown setting. The blend of historic character and modern functionality makes this an exceptional opportunity.

Property profile
Verified
Property type Specialty properties
Year built 1822
Total area 1,660 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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