218 E Third Street, Lexington, KY 40508 (MLS# 22001447)

218 E Third Street, Lexington, KY 40508

$929,500

Property Type: Land Lot Size (sq. ft.): 20,212 Status: Closed

Current Price: $929,500 List Date: 8/03/2022 Last Modified: 9/03/2025

Overview

Description

This property is to be sold as one package and will not be broken up. There are 5 individual lots with 2 buildings. Zoned B-2A, A Downtown frame business. The Lots included are: 206,208,214,218 East Third Street and 213, 215 Noble Street. The subject contains 0.464 acres. The land is currently improved with a house and a small commercial building. Examples of permitted uses include, but are not limited to banks, credit agencies, professional and governmental offices, research laboratories, schools, libraries, television studios, community centers, hospitals, supermarkets, restaurants, nights clubs, beauty shops, service stations, theaters, motels, hotels, any type of dwelling unit. Examples of prohibited uses include agricultural, warehousing, manufacturing, and truck terminals.

Listing Details MLS# 22001447

Listing Information

Comp Sale YN: No
Property Sub Type: Unimproved Land

Status Change Information

Price Change Timestamp: 2022-04-12T15:46:05Z
Status Change Timestamp: 2022-08-09
Purchase Contract Date: 2022-06-24
Close Date: 2022-07-28
Close Price: 929500
Buyer Financing: Other
Sale Type: Arms Length Sale
Concessions Comments: n/a

Address

County: Fayette
Street Number: 218
Street Direction Prefix: E
Street Name: Third
Street Suffix: Street
State: KY
Zip Code: 40508
Directions: South Broadway to East Third Street
Parcel Number: 1216430

Contract

Original List Price: 1200000
Start Showing Date: 2022-01-27
Listing Contract Date: 2022-01-27
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/Acre: 2101293.1
List Price/SqFt: 48.24
Sold Price/Acre: 2003232.76
Sold Price/SqFt: 45.99
SP/LP: 0.95

Tax Legal

MLS Area Major: 001 - Fayette County NW
Subdivision Name: Downtown

Lot

Lot Size Acres: 0.464
Lot Size Square Feet: 20212

More Information

Remarks

Public Remarks: This property is to be sold as one package and will not be broken up. There are 5 individual lots with 2 buildings. Zoned B-2A, A Downtown frame business. The Lots included are: 206,208,214,218 East Third Street and 213, 215 Noble Street. The subject contains 0.464 acres. The land is currently improved with a house and a small commercial building. Examples of permitted uses include, but are not limited to banks, credit agencies, professional and governmental offices, research laboratories, schools, libraries, television studios, community centers, hospitals, supermarkets, restaurants, nights clubs, beauty shops, service stations, theaters, motels, hotels, any type of dwelling unit. Examples of prohibited uses include agricultural, warehousing, manufacturing, and truck terminals.

Property Details

Sidewalk Available YN: Yes

Showing Information

Showing Instructions: Sellers property manager has to be contacted to get access to the structures on the property.

Tax & Legal

Additional Parcels YN: Yes
Zoning Description: B-2A, Downtown Frame Business

Utilities

Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available

Listing Office: Weesner Properties, Inc.

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.