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203 E Fourth St
Lexington, KY 40508
Office Property For Sale

Investment Highlights

  • Priced under $100/SF
  • Elevator access to all floors
  • 0.77 Acre Site
  • Renovated 2002/2003

Property Facts

Property Type
Office
Property Subtype
Office/Residential
Building Size
10,557 SF
Building Class
B
Year Built/Renovated
1840/2002
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,519 SF
Building FAR
0.31
Lot Size
0.77 AC
Zoning
R-4 - High Density Apartment
Parking
20 Spaces (1.89 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

About 203 E FOURTH ST , LEXINGTON, KY 40508

203 E. 4th Street offers a unique opportunity to own a beautiful, free-standing office building in Downtown Lexington under $85/SF. This brick Victorian style building was built in the 1840’s and sits on a picturesque 0.77 Acres (per PVA) with a well-manicured lot and mature landscaping. The building is 10,557 SF (per PVA) on three floors with an elevator. The first and second floors are fully finished, the third floor is partially finished, and an unfinished basement (not included in total SF). The building features an abundance of natural light from the large windows, has a wet sprinkler system, fire alarm system, and 20 parking spaces. The property is currently used as offices, and has been previously used as event space and a single family residence. The property is zoned R-4 allowing a multitude of uses including converting to high density apartments. There was a new addition to the building in 2002/2003 in which the elevator was added. The first floor features two large offices, a reception/office, mail/copy room, three large meeting/conference rooms, men’s and women’s ADA restrooms, and a covered patio. The second floor features six large offices, conference room, kitchenette, men’s and women’s ADA restrooms, storage, and a covered patio. The partially finished third floor has restrooms stubbed for plumbing and features four rooms, and a mechanical room. The basement features an abundance of storage and mechanical/elevator rooms. The property is located at the corner of E Fourth Street and N. Martin Luther King Blvd. in close proximity to the Carrick House, Transylvania University and the NoLi District offering several nearby amenities.

Property Taxes

Property Taxes

Parcel Number
15911600
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$800,000
  • Listing ID: 18262874

  • Date on Market: 1/22/2020

  • Last Updated:

  • Address: 203 E Fourth St, Lexington, KY 40508

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