407 Marquis Ave
Lexington, KY


Subdivision: Commercial
Bedrooms:
Bathrooms:

Finished Area: sq ft.
MLS Number: 806,286
Price: $925,000

Marketing Remarks: WOW! Rare opportunity to acquire a Chevy Chase office building!! This is a landmark property in a very desirable location. Current tenant is a private school paying half price rent. Market rents for this area are 12-16ft. Potential income is $160,000+ year. This area is the cats meow of locations within walking distance to the University of Kentucky campus. It is across from the Chevy Chase Kroger store. Many restaurants, Starbucks and banks are in walking distance. This location and property is spectacular! Zoning is B-1 which allows office, business and residential. The possession must be flexible due to the school needing the property until fall 2009. The property could use some creative updating but is a fantastic value- add deal. Seller is quite firm on price. Hurry with a clean offer, this one will be gone in a snap!

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Listing Courtesy Of: Silvestri-Craig Realtors

Street #: 407 Address: Marquis Ave

List Price: $925,000 Approx. Total Sq. Ft: 13404 Lot Size / Acreage: 0.380 acres, 16553 sq.ft Listing Date: 12/31/1969 Entry Date: 12/31/1969 Status: A City: Lexington State: KY Zip Code: 40502 Area: Fayette County SE 3 County: Fayette APN: 12262600 Subdivision: Commercial Tax Rate: 1.0789 MLS #: 806,286 Listing Office missing: Silvestri-Craig Realtors Full Baths: 0 Half Baths: 0 Quarter Baths: 0 3/4 Baths: 0 Marketing Remarks: WOW! Rare opportunity to acquire a Chevy Chase office building!! This is a landmark property in a very desirable location. Current tenant is a private school paying half price rent. Market rents for this area are 12-16ft. Potential income is $160,000+ year. This area is the cats meow of locations within walking distance to the University of Kentucky campus. It is across from the Chevy Chase Kroger store. Many restaurants, Starbucks and banks are in walking distance. This location and property is spectacular! Zoning is B-1 which allows office, business and residential. The possession must be flexible due to the school needing the property until fall 2009. The property could use some creative updating but is a fantastic value- add deal. Seller is quite firm on price. Hurry with a clean offer, this one will be gone in a snap! Tools Contact Mortgage Calculator Printer Friendly Version of This Page Email This Listing to a Friend Listing Office missing: Silvestri-Craig Realtors This listing has been viewed 41 times.

Listing Courtesy Of: Silvestri-Craig Realtors

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Listing Office missing: Silvestri-Craig Realtors

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