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143 Midland Ave - Park View 2.38 Acres of Commercial Land Offered at $3,150,000 in Lexington, KY 40508

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INVESTMENT HIGHLIGHTS

Rare, Undeveloped acreage in Downtown
Awesome Views of Downtown & Thoroughbred Park
Corner Location with excellent visibility

Flexible B-2A zoning
Multiple Curb Cuts

EXECUTIVE SUMMARY

143 Midland Ave. Flyer

Main Aerial

Site Plan

PROPERTY FACTS

Price	$3,150,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial
No. Lots	1	Total Lot Size	2.38 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-2A

Price	$3,150,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	2.38 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-2A

1 LOT AVAILABLE

Lot

Price	$3,150,000	Lot Size	2.38 AC
Price Per AC	$1,323,529.41

Price	$3,150,000
Price Per AC	$1,323,529.41
Lot Size	2.38 AC

DESCRIPTION

Hotel? Retail? Mixed-Use? We’ll let you decide. The possibilities are endless with over 2.38 contiguous acres of raw downtown land with expansive frontage on both Midland and Short Streets. Elevated parcels offer sweeping views of our unique downtown skyline and Lexington’s own Thoroughbred Park. Several existing curb-cuts and two-way streets make access a breeze to this highly visible and prominent site. Flexible B-2B zoning is already in place. Located immediately next to Lexington’s Central Business District with the added benefit of easy access to I-75 via Winchester Rd. Town Branch Biking & Walking Trail will run adjacent to the Midland portion of this site, effortlessly connecting pedestrians throughout downtown to this site. A truly unique opportunity in a prime location where build-able land is scarce. You must view from the lookout bluff accessible from Race Street to truly appreciate the beauty and views of this special space.