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RARE OPPORTUNITY & TWO PARKING LOTS INCLUDED! 266 E Short St 18,920 SF 92% Leased Retail Building Lexington, KY 40507 $2,690,000 ($142.18/SF)



Investment Highlights
- High Ceilings
- Ample Parking
Executive Summary
A VERY RARE OPPORTUNITY TO OWN ONE OF THE MOST HISTORIC PROPERTIES IN DOWNTOWN LEXINGTON-
Zoned BUSINESS Retail/Office/Residential THE 1865 Renovated First Black Church with unique history and the adjacent 3 story office building which was a 1926 Addition AND
Further Includes the Two Connecting PARKING LOTS with 30 parking spaces (4 sequential properties).
Possible Owner Financing to right buyer. Call Zeff @ 859-321-1749 for viewing and to discuss Opportunity.
Long Term Leases in place and some additional space available for owner occupancy or leasing.
Zoned BUSINESS Retail/Office/Residential THE 1865 Renovated First Black Church with unique history and the adjacent 3 story office building which was a 1926 Addition AND
Further Includes the Two Connecting PARKING LOTS with 30 parking spaces (4 sequential properties).
Possible Owner Financing to right buyer. Call Zeff @ 859-321-1749 for viewing and to discuss Opportunity.
Long Term Leases in place and some additional space available for owner occupancy or leasing.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
18,920 SF
Building Class
B
Year Built/Renovated
1865/2019
Price
$2,690,000
Price Per SF
$142.18
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.56
Lot Size
0.77 AC
Opportunity Zone
Yes
Zoning
B-2 A
Parking
29 Spaces (1.53 Spaces per 1,000 SF Leased)
Very walkable
80/100
Fairly drivable
40/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 94038750 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $792,000 |
Property Taxes
Parcel Number
94038750
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$792,000
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
RARE OPPORTUNITY & TWO PARKING LOTS INCLUDED! | 266 E Short St
