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32,608 SF Flex Space For Sale 764 E Seventh St 32,000 SF 100% Leased Industrial Building Lexington, KY 40505 $2,120,000 ($66.25/SF)



Investment Highlights
- ±32,608 SF building on 0.43 acres
- Zoned I-1 Light Industrial
- Excellent visibility and signage on E Seventh Street
- Suitable for a variety of uses (warehousing, showroom, creative office, potential for some retail)
- Two story building with multiple access points
Executive Summary
SVN | Stone Commercial Real Estate is pleased to present for sale an exceptional commercial property located on East Seventh Street. This well kept ±32,608 SF property is zoned for light industrial (I-1) and could benefit a variety of uses such as warehousing, showroom, or creative office space. There also may be potential for some retail uses. The two story property has multiple access points and a convenient divide between the top and lower level. The top level boasts refinished hardwood floors and updated lighting that elevates the space for showroom or office uses. There is a roll up door that is accessible to the top level. The lower level has its own entrance and access from Seventh Street, but also contains multiple interior access points to the top level. There are abundant signage opportunities on the building for this well positioned corner lot that totals 0.43 acres. The property could be well suited for a single occupant, or multiple users. The seller is willing to lease back the lower level from a new owner and those terms are negotiable. There is currently free street parking and off-street parking, with opportunities to utilize neighboring properties for additional parking.
To schedule a showing or to learn more about the property, please contact Harrison Lane at Harrison.Lane@svn.com or by phone at 859-537-1051.
To schedule a showing or to learn more about the property, please contact Harrison Lane at Harrison.Lane@svn.com or by phone at 859-537-1051.
Property Facts
| Price | $2,120,000 | Lot Size | 0.43 AC |
| Price Per SF | $66.25 | Rentable Building Area | 32,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1948 |
| Property Subtype | Warehouse | Parking Ratio | 0.47/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 1 |
| Zoning | I-1 - Light Industrial | ||
| Price | $2,120,000 |
| Price Per SF | $66.25 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.43 AC |
| Rentable Building Area | 32,000 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 0.47/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| Zoning | I-1 - Light Industrial |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14957300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $850,000 |
Property Taxes
Parcel Number
14957300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$850,000
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