1170 Manchester Street, Lexington, KY 40508

$15,500,000

Virtual Tour

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Property Type: Commercial Sale Square Footage: 200,000 Lot Size (sq. ft.): 304,920 Status: Contingent

Current Price: $15,500,000 List Date: 2/03/2025 Last Modified: 3/04/2026

Overview

Description

Amazing re development opportunity located in the heart of The Distillery District! Lower level is currently leased to multiple amazing tenants. Leaving the top 4 floors for your vision. Ample Parking. High visibility.

Listing Details MLS# 25001835

Listing Information

Comp Sale YN: No
Property Sub Type: Industrial

Status Change Information

Status Change Timestamp: 2026-03-04
Purchase Contract Date: 2026-03-04

Address

County: Fayette
Street Number: 1170
Street Name: Manchester
Street Suffix: Street
State: KY
Zip Code: 40508
Parcel Number: 25642500 / 22406000

Contract

Original List Price: 15500000
Start Showing Date: 2025-02-03
Listing Contract Date: 2025-02-03
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 77.5

Tax Legal

MLS Area Major: 004 - Fayette County SW
Subdivision Name: Commercial

Interior

Living Area: 200000
Building Area Total: 200000

More Information

Parking Information

Parking Total: 56

Building

Year Built: 1935
Stories Total: 5
Accessibility Features YN: Yes

Lot

Lot Size Acres: 7
Lot Size Square Feet: 304920

Remarks

Public Remarks: Amazing re development opportunity located in the heart of The Distillery District! Lower level is currently leased to multiple amazing tenants. Leaving the top 4 floors for your vision. Ample Parking. High visibility.

Building and Property Details

Common Area SqFt: 2000
Maximum Ceiling Height: 15
Retail SqFt: 38500

Showing Information

Showing Instructions: Call Chris Mitchell 859-321-2898. Agent will accompany you.

Tax & Legal

Tax Rate: 1.2583
Zoning Description: I-2
Directions: Manchester Street away from Downtown. Property is on your right.

Association/Community

Number Of Buildings: 1

Utilities

Electricity Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes

Construction Materials

Brick: Yes
Concrete: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes

Parking Features

Gravel: Yes
Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Flat: Yes
Tar/Gravel: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Building Features

Concrete Floor: Yes
Freight Elevator(s): Yes

Business Type

Industrial: Yes

Ceiling

Open: Yes

Existing Lease Type

Gross: Yes

Sale Includes

Building(s): Yes
Land: Yes
Leases: Yes

Property Features

Utilities: Electricity Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Phone Available; Sewer Connected; Water Connected Building Features: Concrete Floor; Freight Elevator(s) Business Type: Industrial Ceiling: Open Construction Materials: Brick; Concrete Existing Lease Type: Gross Listing Terms: 1031 Exchange; Cash Parking Features: Gravel; Paved Possession: Close Of Escrow Roof: Flat; Tar/Gravel Sale Includes: Building(s); Land; Leases Sewer: Public Sewer Special Listing Conditions: Standard

Documents

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Listing Office: Bluegrass Sotheby's International Realty

Last Updated: March - 04 - 2026

Information deemed reliable but not guaranteed.