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$23 ↓$2on 5/29/2024

1951 N Broadway Lexington, KY  40505

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Property Description for 1951 N Broadway Lexington, KY 40505

Block+Lot is excited to offer 1.3 acres of flat, retail land off of N. Broadway for lease or for sale. The property is conveniently located just off Interstates 75/64 and only 0.8 miles from Downtown Lexington, and is conducive to redevelopment or to be used as is. The 2,600 SF restaurant is available for lease and with many recent improvements is in excellent condition, ready for a new restaurant to take over as second generation restaurant space. All fully-equipped kitchen equipment is included. Immediately surrounding the site is a Shell gas station, Marathon gas station, and Days Inn and Suites. There are approximately 26,600 avg. cars/day on N. Broadway. The property is zoned B-5P (Interchange Business) making it ideal for many retail uses including restaurants and convenience stores, hospitality, and gas/automotive service stations. The former Transylvania University Baseball fields were recently purchased, and upon approval, will be transformed into an affordable housing development featuring homes, apartments, and possibly townhomes on the 12.5-acre property. Learn more: https://amp.kentucky.com/news/local/counties/fayette-county/article286728455.html.

Address:1951 N Broadway Lexington KY 40505
Status:Active
on site: 323 days
Price:$24
Bathrooms:0
Year Built:1968
Lot Size:1.30
County: Fayette
MLS #:24001241

Lot Dimensions:56628
Directions:This property is located off N Broadway, next to Haggard Lane, just off the Interstate interchange.
Abv. Grnd. Sq. Ft. :2,600

Loan Price
$0
Price And Interest $0/month
Property Tax $0/month
MTG INS $0/month
HOME INS $0/month
Price
$23
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$0 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
05/29/24 $0,025 $0,024 -6%

Mandatory HOA Fee:$

Area: 002 - Fayette County NE
Subdivision: Commercial
Zip Code:40505

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Gregory Leveridge and Lauren Cambron with Block + Lot Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Lexington, KY Market Report

95
Avg. DOM
$243
Avg. $ / Sq.Ft.
$ 415,000
Med. List Price

The house prices in Lexington are not dropping at the moment. There has been a increase in price of $20,630.45. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lexington are going Up. The average house price is $399,000.00 and the average price per square feet is $243.00 per square feet. At the moment, the amount of homes listed is exactly 2667 houses, with 450 with active status, 347 with pending status and 1870 sold in Lexington .

The most popular place to buy a home in Lexington is 003 - Fayette County SE. 003 - Fayette County SE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lexington .

The average amount of property taxes you would have to pay for a home in Lexington is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lexington are staying listed for an average of 70 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lexington was 2075 minutes ago.

At the moment we have 18 open houses that you can visit.

The cost of the most expensive home in Lexington is $10,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lexington is $92,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lexington in year 1794 and the newest built house is in year 9999.

The average size of properties in Lexington is 47.24 sq.ft. , the biggest one being 3633 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.