1701 Alexandria Dr, Unit 1785 Lexington, KY 40504-3149
- Retail space
- 11,000 SF
- 7.96 lot acres
Current Use by Public Records
- Pierson-Trapp Co / Property Management Company / Shopping Mall
- Westside Pediatrics - Dr Rebecca Bosomworth M.D. / Pediatrician
- Westside Pediatrics / Pediatrician
- Ramsey Barry W MD / Pediatrician
- O’hana Market / African Goods Store
Property Details for 1701 Alexandria Dr
- Year built
- 1978
- Lot size
- 7.96 lot acres
- Property size
- 11,000 SF
- Zone code
- B-1
- Property type
- Retail space
- APN
- 15053300
- APU
- 15053300
Description
This exceptional 2,000 square foot coworking space, located at 1701 Alexandria Dr, Unit C in Lexington, Kentucky, presents a fantastic opportunity for businesses seeking a versatile and adaptable workspace. Situated in Fayette County, this single-tenant office space is zoned B-1, offering flexibility for a range of commercial uses. The property features a welcoming reception area, a comfortable sitting room, nine individual rooms (previously used as patient rooms in a pediatric office), and two bathrooms. The layout is adaptable and can be easily modified to suit diverse business needs. The building is a Class C property, offering a cost-effective solution for businesses looking to establish a strong presence in Lexington. This prime location in the 40504 zip code provides convenient access to local amenities and transportation networks. The ample square footage provides room for growth and expansion, making this an ideal space for businesses of all sizes. This is a single-tenant space within a single-building complex, offering privacy and control over the workspace. The property's previous use as a pediatric office suggests a layout well-suited for businesses requiring multiple individual rooms or consultation spaces. This is a rare opportunity to secure a well-located, adaptable office space in a thriving Lexington community.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,279,000
- AI Estimate
- $3,260,000
Market price range: $1.19M - $3.28MMarket price range: $1.19M - $3.26M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,140,000 Current use
- AUTO REPAIR, GARAGE
- $4,020,000 Change: +88% Conversion: Difficult
- RESTAURANT
- $3,590,000 Change: +68% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,440,000 Change: +14% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,430,000 Change: +14% Conversion: Difficult
- MEDICAL BUILDING
- $2,260,000 Change: +6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.5532
- Latitude
- 38.0391
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA