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For Sale: Retail Property & Adjacent Lot 112 Alabama Ave 672 SF Retail Building Lexington, KY 40508 $225,000 ($334.82/SF)
Investment Highlights
- 672 SF retail/street retail building built in 1976, fully occupied and providing stable income
- Adjacent parcel at 112 Alabama Ave included, offering potential flexibility for future use or expansion
- Located in a B-1 zoned area within the Noli neighborhood, surrounded by locally-owned shops, restaurants, and service businesses
- Reliable rental history and central location make this a practical investment opportunity in a vibrant commercial district
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
672 SF
Building Class
C
Year Built
1976
Price
$225,000
Price Per SF
$334.82
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
B-1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13197250 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $77,900 |
Property Taxes
Parcel Number
13197250
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$77,900
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For Sale: Retail Property & Adjacent Lot | 112 Alabama Ave
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