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- LoopNet Team
903 Manchester St
Lexington, KY 40508
Prime Class A Com. Condos – Near Rupp Arena · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Class A Commercial Condos – Near Rupp Arena
EXECUTIVE SUMMARY
Exclusive Downtown Location in the Booming Historic Old Tarr Distillery District! Premier Location just a 4-minute walk to Rupp Arena and Everything Vibrant Downtown Lexington has to Offer! Incredible Location!! Neighboring Landmark Properties include The Manchester Hotel & Manchester Music Hall Concert Venue! Lexington’s Towne Branch Park ($39M Construction) will be only 100 yards away! Check out this Amazing New Downtown Venue on your Doorstep! www.townbranchpark.org Fantastic Location for the Coolest New Brewery – Boutique Distillery – Brew Pub Restaurant-Nightspot - Gallery or Fabulous Entertainment Venue!! Currently Operating as Premier Private Event & Catering Center & Speak-Easy Lounge, with one of the Largest Commercial Kitchens & CBD Production in Central Kentucky Luxuriously Appointed Interiors with Refined Lighting, Themed Ballroom, Two Full-Service Bars, Private Rooms and Open Floor Plan creates Flexibility for Variety of Uses. Multiple Access Points are Perfectly Suited for Multiple Tenants or Owner-User and Tenants in this Voguish Open Designed Location – Buy One Unit or Both! Ownership of Both Suites entitles Purchaser to Retain 51% Control of Condominium Shares Opening Soon Mexican Themed La Mazunte Bodega and La Brasa Right Next Door! Zoning is I-1 (Light Industrial) with Commercial, Light Manufacturing, Business & Other Uses Permitted Exceptionally Large Commercial Kitchen with Ability to Convert Space for Manufacturing, Hospitality or Commercial Functions Appraised for $3,450,000 in November 2023 – Appraisal Available w/signed NDA Owners Retiring from Event Center & Catering Business – Equipment Package Offered Separately Each Unit Will Be Offered Individually and in Combination of Both Units Square Footage: Unit 110 (10,970 +/-), Unit 190 (10,865 +/-), Total (21,835 +/-) – per recorded plat Title Commitment Available – Selling Free and Clear – Clear Title Guaranteed Survey, Appraisal, Environmental Site Assessment & Condominium Docs available
PROPERTY FACTS
| Property Type | Retail | No. Floors | 1 |
| Property Subtype | Standalone | Year Built | 1990 |
| Costar Property Class | C | Parking Allocation | 0.65/1,000 sq ft |
| Total Plot Size | 1.06 ac | APN / Parcel ID | 38239460 |
| Net Internal Area (NIA) | 68,212 sq ft | ||
| Use Class | I-1 - Zoning is I-1 (Light Industrial) with Commercial, Light Manufacturing, Business & Other Uses Permitted | ||
| Property Type | Retail |
| Property Subtype | Standalone |
| Costar Property Class | C |
| Total Plot Size | 1.06 ac |
| Net Internal Area (NIA) | 68,212 sq ft |
| No. Floors | 1 |
| Year Built | 1990 |
| Parking Allocation | 0.65/1,000 sq ft |
| APN / Parcel ID | 38239460 |
| Use Class | I-1 - Zoning is I-1 (Light Industrial) with Commercial, Light Manufacturing, Business & Other Uses Permitted |
