741 Price Avenue, Lexington, KY 40508

$875,000
Property Type: Commercial Sale Square Footage: 14,400 Lot Size (sq. ft.): 13,504 Status: Closed
Current Price: $875,000 List Date: 9/01/2022 Last Modified: 9/03/2025

Overview

Description

Hard to find Downtown I-1 zoning. Well built, brick, two story warehouse/office located off of N. Broadway on Price Avenue. First floor features small office area, large showroom area with hardwood floors, kitchen, 2 baths, freight elevator and warehouse with 2 dock doors and 1 drive in door. Second floor is wide open space with arched truss ceiling and pine flooring. Endless possibilities!

Listing Details MLS# 22019558

Listing Information

Comp Sale YN
No
Property Sub Type
Mixed Use

Status Change Information

Status Change Timestamp
2022-12-13
Purchase Contract Date
2022-09-09
Close Date
2022-12-13
Close Price
875000
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Fayette
Street Number
741
Street Name
Price
Street Suffix
Avenue
State
KY
Zip Code
40508
Parcel Number
15289500

Contract

Original List Price
995000
Start Showing Date
2022-09-01
Listing Contract Date
2022-09-01
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
SP/LP
0.88

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Downtown

Interior

Living Area
14400

More Information

Building

Year Built
1906
Stories Total
2

Lot

Lot Size Acres
0.31
Lot Size Square Feet
13504
Road Frontage Feet
123

Remarks

Public Remarks
Hard to find Downtown I-1 zoning. Well built, brick, two story warehouse/office located off of N. Broadway on Price Avenue. First floor features small office area, large showroom area with hardwood floors, kitchen, 2 baths, freight elevator and warehouse with 2 dock doors and 1 drive in door. Second floor is wide open space with arched truss ceiling and pine flooring. Endless possibilities!

Building and Property Details

# of Dock Doors
2
# of Drive-in Doors
Yes

Tax & Legal

Tax Rate
1.2727
Zoning Description
I-1
Directions
North Broadway outbound to left on West Sixth to right on Price Ave. Property is located at the end of the street on left.

Association/Community

Number Of Buildings
1

Construction Materials

Brick
Yes

Listing Terms

Lease Option
Yes

Possession

See Remarks
Yes

Roof

Other
Yes

Special Listing Conditions

Standard
Yes

Building Features

Wood Flooring
Yes

Business Type

Mixed
Yes
Warehouse
Yes

Ceiling

Open
Yes

Docks

1-3 Docks
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Property Features

Building Features: Wood Flooring Business Type: Mixed; Warehouse Ceiling: Open Construction Materials: Brick Docks: 1-3 Docks Listing Terms: Lease Option Possession: See Remarks Roof: Other Sale Includes: Building(s); Land Special Listing Conditions: Standard
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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