1212 N Limestone Street

    Lexington, KY 40505
    • $599,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: 1916926
    $599,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,240
      SQFT
    • $185
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1967
    County:

    School Ratings & Info

    Description

    Fantastic investment opportunity directly in the path of growth! With about $48,000 yearly in cash flow, you'll have the potential to make 8% on your investment every year. New development is taking place up and down N. Limestone so opportunity is endless! Sale includes the building, land, equipment, fixture, and lease.

    Monthly Payment Calculator

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
    www.laneteamky.com/homes/97194720

    1212 N Limestone Street Lexington, KY 40505

    • Price: $599,000
    • Status: Active
    • MLS #: 1916926
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,240
    SQFT
    $185
    $/SQFT
    1967
    Built
    Neighborhood:
    Highlawn
    County:
    Fayette
    Area:
    Fayette County Ne 2
    Property Description
    Fantastic investment opportunity directly in the path of growth! With about $48,000 yearly in cash flow, you'll have the potential to make 8% on your investment every year. New development is taking place up and down N. Limestone so opportunity is endless! Sale includes the building, land, equipment, fixture, and lease.
    Exterior Features

    Construction BlockConcrete Dock Doors 0 Docks None Drive In Doors 0 Lot Expansion Sq Ft 0 Parking 11 - 20 SpacesOn SitePaved Railroad Siding No Roof Type Membrane Stories One

    Interior Features

    Ceiling Dropped Elevator Capacity 0 Flooring VinylTile/Brick Floors Serviced 0 Miscellaneous Air Conditioning200/400 Amp3 Phase ElectricityHot Water Heater Restrooms Mens 1 Restrooms Womens 0 Sq Ft Building 3240 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 3240 Sq Ft Warehouse 0 Water Heater Size 0

    Property Features

    Adv License And Permit 0 Annual Rent 48000 Building Expansion Sq Ft 0 Cash Flow Before Tax 48000 Ceiling Height 8 Credit Losses And Vacancy 0 Current Zoning B-1 Electric 0 Elevator Services 0 Exchange No Exchange Fuel Expense 0 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 0 Inground Tank No Janitorial Services 0 Land Lease 0 Lawn Services 0 Lease Type Triple Net Less Operating Expense 0 Net Operating Income 0 Occupancy 0 Occupant Type Tenant Other Income 0 Payroll 0 Personal Property Taxes 0 Possession Close Plus 30 DaysNegotiableSub To Tenant Rights Property Insurance 0 Property Management 0 Property Subtype1 Retail Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 0 Sale Or Lease Includes BuildingsLandFixturesEquipmentLeases Sewer Sewer ConnectedStormCity Sewer And Water 0 Sprinklers None Tax Rate 1.2774 Telephone 0 Tenant Pays ElectricGasWaterSewerTrash RemovalTaxesInsuranceInterior Maintenance Terms SaleCashConventional Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Trade Name Use H & M Grocery Utilities On Site Electricity ConnectedWater ConnectedTelephone Water Pipe Size 0

    Listing provided courtesy of Nicholas Sortor of Rector Hayden, Realtors. Listing information © 2019 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
     
    The Lane Team
    2424 Harrodsburg Rd. Ste. 101
    Lexington KY, 40503