Downtown Development Land
Land | 0.8 acres
Marketing description
Silvestri Real Estate is pleased to present the exclusive listing of 0.8 acres of prime development land in downtown Lexington. This listing contains four total parcels, all of which are located within an Opportunity Zone and a Qualified Census Tract. Currently being operated as a surface parking business, there is a month-to-month lease in place with a neighboring business that uses some of the parking spaces. Boundary lines on images are approximate.
181 N Mill St, Lexington, KY, 40507
183 N Mill St, Lexington, KY 40507
187-193 N Mill St, Lexington, KY 40507
310 W 2nd St, Lexington, KY 40507
Investment highlights
Zoned B-2B (Lexington Center Business), this allows for a multitude of development options, including a principal use of apartments. Full description of B-2B zoning allowances located via the link below or in the ‘Due Diligence’ tab of this listing.
Full LFUCG Code and Zoning (see Sec. 8-19)
https://codelibrary.amlegal.com/codes/lexingtonfayettecoky/latest/lexingtonfayettecoky_zone/0-0-0-1
This rare opportunity for downtown development is conveniently located within walking distance to many of Lexington’s most iconic destinations.
Central Bank Center Convention Center | 0.3 miles
Rupp Arena | 0.3 miles
Triangle Park | 0.2 miles
Fifth Third Pavilion | 0.12 miles
Jeff Ruby’s | 0.23 miles
Gratz Park | 0.05 miles
Transylvania University | 0.14 miles
Lexington Opera House | 0.1 miles
LexLive | 0.31 miles
Tony’s of Lexington | 0.24 miles
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