1020 Monarch Street, Lexington, KY 40513

$3,100,000
Property Type: Commercial Sale Square Footage: 22,536 Lot Size (sq. ft.): 63,162 Status: Active
Current Price: $3,100,000 List Date: 7/04/2026 Last Modified: 7/04/2026

Overview

Description

Excellent owner-occupant or investment opportunity in Lexington's desirable Beaumont Centre. 1020 Monarch Street is a well-maintained three-story professional office building containing approximately 22,536 square feet with elevator service and ample surface parking. The first floor is fully leased to two professional tenants providing stable income. The second floor features a large training room, open area for cubicles or workstations, three private offices, a large conference room, and a spacious break room. The third floor (7,632 RSF) offers 22 private offices, large and small conference rooms, two public restrooms plus one private restroom, a large break room, and a dedicated storage room. Located in the heart of Beaumont Centre near Harrodsburg Road, New Circle Road, and Man O' War Boulevard, the property is surrounded by restaurants, retail, and professional services. Offered at $3,100,000, this property provides flexibility for an owner-occupant to occupy the upper floors while ...

Listing Details MLS# 25503131

Listing Information

Comp Sale YN
No
Property Sub Type
Office

Status Change Information

Status Change Timestamp
2026-07-04
Back on Market Date
2026-07-04

Address

County
Fayette
Street Number
1020
Street Name
Monarch
Street Suffix
Street
State
KY
Zip Code
40513
Parcel Number
38111720

Contract

Original List Price
3100000
Start Showing Date
2025-10-07
Listing Contract Date
2025-10-06
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
137.56

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Interior

Living Area Units
Square Feet
Building Area Total
22536
Building Area Source
Estimated
Building Area Units
Square Feet

More Information

Building

Year Built
2004
Stories Total
3
Accessibility Features YN
Yes

Lot

Lot Size Acres
1.45
Lot Size Square Feet
63162

Remarks

Public Remarks
Excellent owner-occupant or investment opportunity in Lexington's desirable Beaumont Centre. 1020 Monarch Street is a well-maintained three-story professional office building containing approximately 22,536 square feet with elevator service and ample surface parking. The first floor is fully leased to two professional tenants providing stable income. The second floor features a large training room, open area for cubicles or workstations, three private offices, a large conference room, and a spacious break room. The third floor (7,632 RSF) offers 22 private offices, large and small conference rooms, two public restrooms plus one private restroom, a large break room, and a dedicated storage room. Located in the heart of Beaumont Centre near Harrodsburg Road, New Circle Road, and Man O' War Boulevard, the property is surrounded by restaurants, retail, and professional services. Offered at $3,100,000, this property provides flexibility for an owner-occupant to occupy the upper floors while benefiting from existing rental income on the first floor

Showing Information

Showing Instructions
Call listing broker

Tax & Legal

Tax Rate
1.22
Zoning
Other
Zoning Description
P-1 Professional Office
Directions
New Circle Road to Harrodsburg Road, left on Beaumont Centre Circle

Association/Community

Number Of Buildings
1

Parking Features

On Site
Yes
Paved
Yes

Possession

Negotiable
Yes

Roof

Membrane
Yes

Security Features

Fire Sprinkler System
Yes

Business Type

Commercial
Yes
Professional/Office
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Business Type: Commercial; Professional/Office Parking Features: On Site; Paved Possession: Negotiable Roof: Membrane Sale Includes: Building(s); Land Security Features: Fire Sprinkler System Showing Requirements: Call Listing Agent
Listing Office: The Gibson Company
Last Updated: July - 04 - 2026
Information deemed reliable but not guaranteed.