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    FOR LEASE
    Office buildings

    146 E Third St Lexington, KY 40508

    6,848 SF 0.21 ac lot Built 1890
    Individually Owned 16-yr Hold Free & Clear
    Property ID
    US34-0447723
    146 E Third St, Lexington, KY 40508 For Lease 1 / 34
    $18 SF/Yr 6,848 SF available
    146 E Third St, Lexington, KY 40508
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    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1890
    Total area 6,848 SF
    Lot 0.21 ac (8,999 SF)
    Zoning code B-2A
    APN 11355625
    UPID US34-0447723
    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
    Current use
    Occupant on record · Public records
    • RESPEC Engineer
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.08M
    Blend (final) Blend
    $1.08M
    Owner & transaction history
    John S L Morgan · 16 yrs held
    John S L Morgan
    since 2010
    2 recorded transactions
    2020
    Price N/A
    2010
    $275,000
    Zoning & alternative use
    B-2A · Lexington, KY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Zoning description

    (c) In the Downtown Business Frame (B-2A) zone, where at least fifty (50%) percent of dwelling units of a lot are being provided at an affordable level, developments shall be granted an affordable housing bonus in use, setbacks, height, FAR, lot coverage, and all other regulations per the Downtown Business (B-2) zone. Affordable level shall mean eighty (80%)…

    Zone name Downtown Frame Business
    General category COMMERCIAL
    Zone area 106.94 ac
    Source LEXINGTON-FAYETTE COUNTY, KENTUCKY ZONING ORDINANCE
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