1040 Manchester Street,Lexington, KY 40508
Lexington, KY 40508
Description
We are pleased to present this exceptionally updated and maintained Flex building located in the heart of the highly desirable Manchester Street corridor in Central Lexington. The building size at 11,578 SF on approximately 1 acre is very much in demand in this market, and consistently low in supply. As well, the division of office to warehouse is conducive to many business needs who can step right in and enjoy polished office space, cubicle rooms, multiple conference rooms, interior restrooms on each floor, copy room, and a warehouse space in the rear with loading dock access and lot accessibility that allows for large truck deliveries and pick ups. Other perks include two walk in coolers (455 SF and 375 SF), Kohler diesel back up generator that powers the entire building, 400 amp power, detached warehouse, and detached garage. The property also benefits from a central location in a highly desirable corridor that will appeal to a variety of flex users whether they are a local or regional business, benefiting from proximity to New Circle Road, Downtown Lexington, and interstate access. Additionally, extensive improvements from 2014 and optimal upkeep over the years signal a lack of deferred maintenance providing reassurance to buyers looking for a solid investment for their own preferred use accommodate the time and deal structure necessary for such a pursuit. -Constantly high in demand / low in supply offering -Light Industrial zoning (I-1) with Adaptive Reuse Zoning Overlay -Just under 1 acre with generous access and parking areas for delivery -Central Lexington Location just off Downtown in Lexington's booming Distillery District -Adaptive Reuse Zoning Overlay for added use flexibility -Close proximity to New Circle Road, Downtown, and Interstate access -This property is enrolled in Kentucky's Brownfield Program.
Details
| MLS # | 26010653 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Contingent |
| Year | 1976 |
| Days On Site | 118 |
| Listing Provided By | Block + Lot Real Estate | Gregory Leveridge |
Features
| SQ Feet | 11,578 |
|---|---|
| Building(s) | 3 |
| Zoning | Other |
| Acreage | 0.80 |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Block |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Paved |
Area Information
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40508 |
| Area | 001 Fayette County NW |
| Subarea | Fayette County NW |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $1,250,000 low | high Med: $20,000 sqft: 11,578 low | high Med: 18,700 $ / sqft: $108 low | high Med: $1 On site: 118 low | high Med: 138 | |
Market Activity 40508
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Learn More About This Property
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40508 |
| Area | 001 Fayette County NW |
| Subarea | Fayette County NW |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $1,250,000 low | high Med: $20,000 sqft: 11,578 low | high Med: 18,700 $ / sqft: $108 low | high Med: $1 On site: 118 low | high Med: 138 | |