Entity Owned Property summary
This 2,141 square foot executive office condo is situated on the first floor of a three-story building within the desirable Beaumont Centre office park in Lexington, Kentucky. Built in 2001, this Class B property is currently vacant, offering a unique owner/user opportunity. The suite boasts six private offices, a spacious reception area, an open workspace ideal for cubicles, a private restroom complete with a shower, and a large break room. A portion of the space (three offices and shared break room) is currently leased to Lifestance, presenting potential rental income for an investor. The property sits on a one-acre lot and is zoned P-1 Professional office, ensuring flexibility for various business uses. The asking price is $339,000, translating to $158.34 per square foot. This single-unit condo offers a blend of immediate occupancy and potential rental income, making it an attractive investment in a thriving Lexington business district with ample nearby shopping and amenities. The property's address is 1030 Monarch Street, Suite 110, Lexington, KY 40513. The APN is condo|42.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Psychotherapist Child Psychologist
Location
Value estimations
Owner & transaction history
Zoning & alternative use
2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
P-1 · Lexington, KY2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…
Zoning
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Zoning designation
Official district profile
2. The principal permitted uses of the P-1 and B-1 zones, except as specifically prohibited hereinbelow. (c) Accessory Uses. The following shall be considered accessory uses in the MU-1 zone: 1. The accessory uses permit…
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