240 E Third St Lexington, KY 40508
- Office buildings
- 1,967 SF
- 0.13 lot acres
Current Use by Public Records
- Office buildings
Property Details for 240 E Third St
- Year built
- 1880
- Lot size
- 0.13 lot acres
- Property size
- 1,967 SF
- Zone code
- B-2A
- Property type
- Office buildings
- APN
- 10356500
- APU
- 10356500
Description
This 1,964 square foot, Class C office building is located at 240 E Third St, Lexington, KY 40508. Built in 1880, this property offers two suites with attractive finishes, including wood floors. Amenities include a private entrance, kitchen, and full bath. The building sits on a lot with a fenced yard and provides off-street parking. Zoned B-2, this mixed-use property allows for both commercial and residential uses. Its prime downtown location places it within walking distance of Lexington's vibrant city center, restaurants, and nightlife. The asking price is $399,000, translating to $203.16 per square foot. This presents a compelling opportunity for a small business owner or investor seeking a foothold in the thriving Lexington market. The property consists of one building and offers a unique blend of historical charm and modern convenience. This is an excellent investment opportunity in a desirable location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.4902
- Latitude
- 38.0469
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA