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20072280
20072281

1170 Newtown Pike, Lexington, KY 40511

AH
KY 188954
Haymaker Commercial Real Estate
JM
KY KY271166, KY KY 271166
Haymaker Commercial Real Estate
Listed by Haymaker Commercial Real Estate
$1,650,000
627 days on market
Updated 18 days ago

1170 Newtown Pike

Details
Property Type Land
Sub Type Agricultural, Commercial
Price Per Acre $825,000
Acreage 2.000
Zoning A-U

Land | 2 acres

Marketing description

1170 Newtown Pike, Lexington, KY – Premier Commercial Real Estate Opportunity

Discover a prime commercial real estate offering at 1170 Newtown Pike, strategically located near downtown Lexington and I-75/I-64. This highly visible property sits in a high-traffic corridor, making it an ideal location for businesses seeking maximum exposure. Perfect for land searches and development opportunities, the property is well-suited for office, retail, or mixed-use developments. With its flexible zoning, proximity to major employers, and Lexington’s thriving market, this site presents a valuable investment for commercial growth and expansion. Don’t miss out on this exceptional development opportunity in one of Lexington’s most sought-after locations.

Lexington, KY, a vibrant medium-sized city, is bursting with limited land opportunities. As Kentucky’s second-largest city, it’s a hub for large corporations and a magnet for visitors drawn to its diverse offerings, from the renowned bourbon industry and picturesque horse farms to lively nightlife and thriving business ventures. Conveniently located just a short commute from major metropolitan areas like Cincinnati, Louisville, Knoxville, and Nashville, this site is a rare gem indeed.

Ready to seize this unparalleled opportunity? We’re here to be your partner in adding an essential asset to this thriving corridor!

Call Josh McCurn, 859.447.4887 to schedule your site visit!

Investment highlights

    • Prime Location: Situated in one of Lexington’s major commercial corridors, Newtown Pike offers direct access to downtown Lexington and I-75/I-64, providing excellent connectivity for businesses and customers alike.
    • High Traffic Visibility: With daily traffic counts exceeding 30,000 vehicles, the property benefits from significant exposure to both local commuters and visitors.
      • Proximity to Key Amenities: Located near hotels, restaurants, and business hubs, including the University of Kentucky and major employers in the area, which attracts a diverse customer base and workforce.
        • Strong Local Economy: Lexington’s steady population growth, low unemployment rate, and strong commercial real estate market make this property a solid investment opportunity.
          • Versatile Property Use: The flexible zoning accommodates various commercial uses, from office space to retail or mixed-use development, allowing for adaptive reuse and value-added opportunities.
            • Established Business Environment: The Newtown Pike area is home to numerous established businesses, creating a synergistic environment for commercial success.
              • Potential for Appreciation: As Lexington continues to grow, properties in well-trafficked, centrally located areas like Newtown Pike are expected to see increased demand and potential for value appreciation.

                Listing Contacts

                AH
                KY 188954
                Haymaker Commercial Real Estate
                JM
                KY KY271166, KY KY 271166
                Haymaker Commercial Real Estate
                Listed by Haymaker Commercial Real Estate

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                Additional Information

                Name
                Andy Haymaker
                License
                188954
                Name
                Josh McCurn
                License
                KY271166
                Brokerage
                Haymaker Commercial Real Estate
                Brokerage Address
                3120 Wall Street
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