701 N. Limestone

Vacant Land for Sale
Catylist Listing ID: 30805661
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Self Storage
Gross Land Area: 2.18 Acres
Sale Price: $550,000 Per Acre
Total Price: $1,199,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/11/2023

Overview / Comments

• Rarely available 2+ acre offering, being sold as-is
• Only ½ mile from Lexington’s Central Business District
• Located within the heart of Lexington’s NoLi neighborhood
• Property is surrounded by a number of restaurants, businesses, retailers, and homes
• Located one block from Lexington’s popular Grey Line Station, a 65,000 SF complex home to retail, offices, dining, radio, event studio, & a public market
• Potential to explore zoning possibilities for mixed uses
• The property has been historically used as a scrap yard, fuel station, and auto repair uses

Multiple Addresses: 701, 707, 721, 723, & 727 N. Limestone & 115 W. 7th Street

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10254700
Zoning: B-4
Property Visibility: Excellent
Site Description: The property is located in the NoLi neighborhood at the intersections of N. Limestone, Seventh Street, and North Upper Street in Downtown Lexington. Located only ½ mile from Lexington’s Central Business District, and one block from Lexington’s popular Greyline Bus Station.
Zoning Description: Wholesale Warehouse

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,276 113,585 224,643
Median Age: 34.86 34.06 35.55
Households: 7,725 47,487 94,188
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.