1220 N Limestone

    Lexington, KY 40505
    • $600,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 1825650
    $600,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1967
    County:

    School Ratings & Info

    Description

    Investment for sale. Neighborhood grocery located at the intersection of N. Limestone and Locust Avenue. The property is encumbered by a long-term lease for $4,000 per month with triple net terms. The tenant has 3 years remaining on the current term with multiple five year options. Store fixtures are the property of the landlord and convey with purchase.

    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 Better Homes and Garden Real Estate Cypress 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.lexingtonkyhomesearch.com/homes/89378651

    1220 N Limestone Lexington, KY 40505

    • Price: $600,000
    • Status: Active
    • MLS #: 1825650
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1967
    Built
    Neighborhood:
    Commercial
    County:
    Fayette
    Area:
    Fayette County Ne 2
    Property Description
    Investment for sale. Neighborhood grocery located at the intersection of N. Limestone and Locust Avenue. The property is encumbered by a long-term lease for $4,000 per month with triple net terms. The tenant has 3 years remaining on the current term with multiple five year options. Store fixtures are the property of the landlord and convey with purchase.
    Exterior Features

    Dock Doors 0 Drive In Doors 0 Lot Expansion Sq Ft 0

    Interior Features

    Elevator Capacity 0 Floors Serviced 0 Restrooms Mens 0 Restrooms Womens 0 Sq Ft Building 0 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 0 Sq Ft Warehouse 0 Water Heater Size 0

    Property Features

    Adv License And Permit 0 Annual Rent 0 Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Ceiling Height 0 Credit Losses And Vacancy 0 Current Zoning B-1-Neighborhood Business Electric 0 Elevator Services 0 Fuel Expense 0 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 0 Janitorial Services 0 Land Lease 0 Lawn Services 0 Less Operating Expense 0 Net Operating Income 0 Occupancy 0 Occupant Type Owner Other Income 0 Payroll 0 Personal Property Taxes 0 Property Insurance 0 Property Management 0 Property Subtype1 Retail Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 0 Sewer And Water 0 Tax Rate 1.2774 Telephone 0 Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Water Pipe Size 0

    Listing provided courtesy of Robert P Sophiea of Keller Williams Greater Lexington. Listing information © 2018 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 Better Homes and Garden Real Estate Cypress 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.
     
    Better Homes and Garden Real Estate Cypress
    3221 Summit Square Place, Ste 200
    Lexington KY, 40590
    Client Provided August 6, 2018 --> Google Ads Remarketing: