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31642173
31642202

1040 Manchester St, Lexington, KY 40508

GL
KY KY 71312
Block + Lot
Listed by Block + Lot
$1,250,000
53 days on market
Updated 53 days ago

1040 Manchester Street

Details
APN 14101654
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 11,578
Price per SqFt $108
Year Built 1976
Year Renovated 2014
Buildings 3
Stories 1
Acreage 0.800
Zoning I-1

Industrial | 11,578 SqFt

Marketing description

Block + Lot is pleased to present this exceptionally updated and maintained Flex building located in the heart of the highly desirable Manchester Street corridor in Central Lexington. The building size at 11,578 SF on approximately 1 acre is very much in demand in this market, and consistently low in supply. As well, the division of office to warehouse is conducive to many business needs who can step right in and enjoy polished office space, cubicle rooms, multiple conference rooms, interior restrooms on each floor, copy room, and a warehouse space in the rear with loading dock access and lot accessibility that allows for large truck deliveries and pick ups. Other perks include two walk in coolers (455 SF and 375 SF), Kohler diesel back up generator that powers the entire building, 400 amp power, detached warehouse, and detached garage.

The property also benefits from a central location in a highly desirable corridor that will appeal to a variety of flex users whether they are a local or regional business, benefiting from proximity to New Circle Road, Downtown Lexington, and interstate access. Additionally, extensive improvements from 2014 and optimal upkeep over the years signal a lack of deferred maintenance providing reassurance to buyers looking for a solid investment for their own preferred use accommodate the time and deal structure necessary for such a pursuit.

  • Constantly high in demand / low in supply offering
  • Light Industrial zoning (I-1) with Adaptive Reuse Zoning Overlay
  • Just under 1 acre with generous access and parking areas for delivery

Investment highlights

  • Central Lexington Location just off Downtown in Lexington's booming Distillery District
  • Adaptive Reuse Zoning Overlay for added use flexibility
  • Close proximity to New Circle Road, Downtown, and Interstate access
  • This property is enrolled in Kentucky's Brownfield Program. See flyer links for details.

Listing Contacts

GL
KY KY 71312
Block + Lot
Listed by Block + Lot

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Additional Information

Name
Greg Leveridge
License
KY 71312
Brokerage
Block + Lot
Brokerage Phone
859-309-0099
Title
Broker
Brokerage Address
133 West Short Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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