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395 Elaine Dr
Lexington, KY 40504
Retail Property For Sale
Executive Summary
This 7,060 square foot B-1 zoned retail/office building offers a prime opportunity for an owner-occupant or investor. Ideally situated along South Broadway with excellent visibility and strong traffic counts, the property is minutes from downtown Lexington, the University of Kentucky campus, and major hospitals including Baptist Health and UK Hospital. The surrounding area features a wide variety of restaurants, shopping, and professional services, making it highly convenient for tenants and customers alike. The building is currently divided for three tenants with suites of approximately 1,180 SF, 2,995 SF, and 2,836 SF. The 2,836 SF space includes double-door side access for loading/unloading and is presently configured as office with storage and delivery capability. Both end-cap suites of 1,180 SF and 2,836 SF are available for immediate lease, providing flexibility for retail, medical, office, or service-oriented users.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,100 SF
Building Class
B
Year Built
2011
Price
$1,650,000
Price Per SF
$232.39
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.86 AC
Zoning
B-1
Parking
27 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
199’ on Elaine Dr
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,606,800 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,606,800
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