1951 North Broadway, Lexington, KY

$1,500,000

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2,600

Square feet

1.30

Acres

About 1951 North Broadway

Block+Lot is excited to offer 1.3 acres of flat, retail land off of N. Broadway for lease or for sale. The property is conveniently located just off Interstates 75/64 and only 0.8 miles from Downtown Lexington, and is conducive to redevelopment or to be used as is. The 2,600 SF restaurant is available for lease and with many recent improvements is in excellent condition, ready for a new restaurant to take over as second generation restaurant space. All fully-equipped kitchen equipment is included. Immediately surrounding the site is a Shell gas station, Marathon gas station, and Days Inn and Suites. There are approximately 26,600 avg. cars/day on N. Broadway.The property is zoned B-5P (Interchange Business) making it ideal for many retail uses including restaurants and convenience stores, hospitality, and gas/automotive service stations.The former Transylvania University Baseball fields were recently purchased, and upon approval, will be transformed into an affordable housing development featuring homes, apartments, and possibly townhomes on the 12.5-acre property. Learn more: https://amp.kentucky.com/news/local/counties/fayette-county/article286728455.html.

Comm/Prof/Ind property for sale in Lexington, KY at 1951 North Broadway. This Comm/Prof/Ind property is priced at $577/sqft

Facts & Features of 1951 North Broadway

MLS® # 24001239
Price $1,500,000
Square Footage 2,600
Acres 1.30
Year Built 1968
Type Comm/Prof/Ind
Sub-Type Restaurant, Retail
Status Active

Community Information of 1951 North Broadway

Address 1951 North Broadway
Area Fayette County NW
Subdivision Commercial
City Lexington
County Fayette
State KY
Zip Code 40505

Additional Information On 1951 North Broadway

Date Listed January 23rd, 2024
Zoning B-5P

Listing Details On 1951 North Broadway

OfficeBlock + Lot Real Estate

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