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32027205
32027201

165 Midland Avenue, Lexington, KY 40508

Block + Lot
Listed by Block + Lot
$2,600,000
38 days on market
Updated 38 days ago
Opportunity zone

165 Midland Avenue

Details
Property Type Industrial, Mixed Use
Sub Type Flex, Warehouse
Square Footage 14,719
Year Built 1949
Acreage 0.690
Zoning B-4
Ground Lease No

About This Property

Marketing description

Positioned just outside the Central Business District, this 14,000± SF commercial building offers exceptional visibility along busy Midland Avenue and direct exposure to The Legacy Trail, creating a prime signage and branding opportunity. The 26± parking spaces support customers and staff alike.

Built in 1949 and thoughtfully updated over time, the property blends character with modern functionality. Its current layout - currently a fitness facility - features expansive open areas, private offices upstairs, and three drive-in doors that enhance operational flexibility. With B-4 zoning, the building is well-suited for office, showroom, storage, or a combination of uses.

Location Description: The site sits on the corner of Midland Ave. and Corral St. adjacent to Thoroughbred Park and across the street from the new Fayette County Public Schools Career and Technical Education Building. The site has excellent proximity to Lexington’s emerging entertainment districts, the Central Business District, the UK Medical Center, and local arts and Downtown park features. The site also enjoys easy access to the events at the Convention Center, Rupp Arena, and the University of Kentucky, and the thriving East End of Downtown. The newly constructed Town Branch Commons makes the intersection of Midland and Corral pedestrian friendly and presents itself as an entrance to Downtown Lexington.

Investment highlights

  • Non-metered street parking permitted
  • Located in the Opportunity Zone
  • Exceptional visibility
  • Five bathrooms & four showers
  • Two utility rooms with washer/dryer hookups

Listing Contacts

Block + Lot
Listed by Block + Lot

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