Building

Basement YN

Yes

Year Built

1880

Stories Total

3

Remarks

Public Remarks

This one of a kind property offers a refined sense of charm and history. High ceilings, expansive windows, hardwood floors, decorative fireplaces, & crown moldings abound throughout this 3 story gracious layout. Featuring appx. 12 private offices, kitchenette/break room, 3 restrooms, conference room, and multiple addtl. work station areas to accommodate more employees, this makes for an attractive/functional work environment. Also included in the offering is a variety of furniture. There is also a large unfinished basement that is ideal for file & related storage, & a private parking lot. This is a great opportunity to purchase a building for your business with a lower monthly cost than renting office space downtown. Using a 3.75% interest rate, on a 20 year commercial loan with 20% down, the monthly mortgage would be under $4,100. If you were to rent this building for $14.50/SF, the monthly base rent alone would be $7,451/Month.

Showing Information

Showing Instructions

Call Listing Agent to Show.

Tax & Legal

Tax Rate

1.2777

Zoning Description

P-1

Directions

Nicely located in Downtown Lexington along N. Broadway between Fourth and Fifth Streets. It is adjacent to the historic Transylvania University campus. The property offers great visibility and curb appeal.

Special Listing Conditions

Standard

Yes

Business Type

Professional/Office

Yes

Property Features