101 W Short Street, Lexington, KY 40507 (MLS# 25506442)

101 W Short Street, Lexington, KY 40507

$1,030,000

Property Type: Commercial Sale Square Footage: 5,184 Lot Size (sq. ft.): 2,396 Status: Closed

Current Price: $1,030,000 List Date: 11/18/2025 Last Modified: 2/17/2026

Overview

Description

Offered for the first time in nearly 30 years, 101 West Short Street is a unique opportunity. Located just one block off East Main Street and directly across from the courthouse plazas, the setting is connected and central. Immediate neighbors include City Center, 21C Museum Hotel, and the Lexington Financial Center. The three-story ca. 1930's building has an attractive façade, with large picture windows framing the first-floor restaurant. Intricate stonework lends further detail. Open space on the second floor is ideal for events or private receptions, while offices occupy the third level. The corner lot has frontage on both West Short Street and North Limestone, with sweeping views of downtown Lexington and room for sidewalk dining areas. The property is fully leased, making it an appealing long and short-term investment.

Listing Details MLS# 25506442

Listing Information

Comp Sale YN: No
Property Sub Type: Mixed Use

Status Change Information

Status Change Timestamp: 2026-02-17
Purchase Contract Date: 2025-12-04
Close Date: 2026-02-17
Close Price: 1030000
Buyer Financing: Conventional
Sale Type: Arms Length Sale

Address

County: Fayette
Street Number: 101
Street Direction Prefix: W
Street Name: Short
Street Suffix: Street
State: KY
Zip Code: 40507
Parcel Number: 15864400

Contract

Original List Price: 912500
Start Showing Date: 2025-11-18
Listing Contract Date: 2025-11-18
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 176.02
Sold Price/SqFt: 198.69
SP/LP: 1.13

Tax Legal

MLS Area Major: 002 - Fayette County NE
Subdivision Name: Downtown

Interior

Living Area Units: Square Feet
Building Area Total: 5184
Building Area Source: Owner
Building Area Units: Square Feet

More Information

Building

Basement YN: Yes
Year Built: 1930
Stories Total: 3
Accessibility Features YN: No

Lot

Lot Size Acres: 0.055
Lot Size Square Feet: 2395.8

Remarks

Public Remarks: Offered for the first time in nearly 30 years, 101 West Short Street is a unique opportunity. Located just one block off East Main Street and directly across from the courthouse plazas, the setting is connected and central. Immediate neighbors include City Center, 21C Museum Hotel, and the Lexington Financial Center. The three-story ca. 1930's building has an attractive façade, with large picture windows framing the first-floor restaurant. Intricate stonework lends further detail. Open space on the second floor is ideal for events or private receptions, while offices occupy the third level. The corner lot has frontage on both West Short Street and North Limestone, with sweeping views of downtown Lexington and room for sidewalk dining areas. The property is fully leased, making it an appealing long and short-term investment.

Income and Expenses

Total Actual Rent: 103800

Showing Information

Showing Instructions: Showings strictly by appointment only with a proof of funds or preapproval letter e-mailed to the listing broker concurrent with the showing request. Min. 48-hour notice to show. LA accompany. Restricted hours.

Tax & Legal

Tax Rate: 1.2638
Zoning Description: B-2B
Directions: From Main Street: North Limestone to West Short Street; building on the northwest corner. From N. Broadway: West Short Street to North Limestone. Street parking on both West Short & North Limestone.

Association/Community

Number Of Buildings: 1

Basement

Full: Yes

Possession

Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Building Features

Kitchen Facilities: Yes

Business Type

Professional/Office: Yes
Restaurant: Yes

Sale Includes

Building(s): Yes
Leases: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Insurance: Yes
Taxes: Yes
Water: Yes

Showing Requirements

Listing Agent Must Accompany: Yes
Restricted Hours: Yes

Property Features

Basement: Full Building Features: Kitchen Facilities Business Type: Professional/Office; Restaurant Possession: Subject To Tenant Rights Sale Includes: Building(s); Leases Sewer: Public Sewer Tenant Pays: Electricity; Gas; Insurance; Taxes; Water Showing Requirements: Listing Agent Must Accompany; Restricted Hours

Listing Office: Kirkpatrick & Company

Last Updated: February - 17 - 2026

Information deemed reliable but not guaranteed.