1158 1170 Manchester St, Lexington

$6,156,800

0 Beds
0 Baths
8.26 Acres
0 Garages

Upper 4 floors & acreage of landmark Distillery District building - Pepper Rickhouse. Immediately available for development; ground floor leased. The Pepper Rickhouse was built as the primary bourbon-aging barrel house for the James E. Pepper Distillery. Formerly listed as a fallout shelter for the city of Lexington, the building's hardened 10'' concrete floors, double brick exterior, and upper four floors/acreage offered here represent a substantial shell for redevelopment. Unique Adaptive Reuse zoning allows for residential, hotel, office, restaurant, bar, nightclub, entertainment, etc. in addition to underlying industrial uses (self-storage, breweries, and distilleries). Floor plate is nearly an acre, columns are 19' on center, and ceiling heights range from 15'4'' to 16'. Fully sprinklered. Two existing freight elevators. Listed on the National Register of Historic Places. Historic Tax Credits & New Market Tax Credits a possibility. Broker/LLC manager.

Essential Information
MLS® #20014337
Price$6,156,800
Bathrooms0.00
Acres8.26
Year Built1935
TypeCommercial
Sub-TypeHotel/Motel, Mixed Use, Retail
StatusActive
Community Information
Address1158 1170 Manchester St
AreaFayette County NW 1
SubdivisionCommercial
CityLexington
CountyFayette
StateKY
Zip Code40508
Utilities

Electricity Cnnectd, Natrl Gas Connected, Water Connected, Other, Telephone

Features

100/200 Amp, 200/400 Amp, 3 Phase Electricity, Freight Elevator

Parking

56 or More Spaces, Graveled, On Site, Paved

Interior
# of Stories5
StoriesFive or More
Exterior
RoofGravel
ConstructionBrick, Concrete
Additional Information
Date ListedJuly 15th, 2020
ZoningAdaptive Reuse (I-2)
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Listing Provided Courtesy of: Limestone Realty

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