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247 S Forbes Road

Lexington, KY 40504
  • $5
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 23019197
UPDATED: 19 min ago
$5
  • 0
    BEDS
  • 17.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 52,005
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1964
County:

School Ratings & Info

Description

Forbes Business Center located at 247 S. Forbes Road was originally developed in 1964 and occupied as part of the G. F. Vaughan portfolio, one of the two primary block/masonry industrial buildings (Building #1) is available. Building #1 has 52,005 total SF, 4,457 SF office, 2 dock doors, 1 drive-in door, 1200 AMP 480 V 3-phase power, and 20' clear height. Extensive 2019 renovations to the building include: interior and exterior paint, new asphalt and parking, upgraded dock doors and drive-in doors, new landscaping, LED lights, new TPO roof, new gutters, and much more.Property Highlights:- Renovated in 2019- Expandable Site- Below Market Rents- Below Market Operating Expenses- Outside Storage Potential- New TPO RoofWith an MSA over 645,000, Lexington is the second largest market in the Commonwealth of Kentucky. Lexington provides a strategic location for businesses through access to a highly educated labor force, low startup and operational costs, below average cost of living, and its location at the I-75/I-64 intersection providing a 24-hour or less drive to approximately 70% of the United States population.

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lexpert 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/144010628
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247 S Forbes Road Lexington, KY 40504

  • Price: $5
  • Status: Active
  • On Site: 68 Days
  • Updated: 19 min ago
  • MLS #: 23019197
0
Beds
0
Baths
0
½ Baths
17.84
Acres
52,005
SQFT
$0
$/SQFT
1964
Built
Neighborhood:
Commercial
County:
Fayette
Area:
Fayette County Nw 1
Property Description
Forbes Business Center located at 247 S. Forbes Road was originally developed in 1964 and occupied as part of the G. F. Vaughan portfolio, one of the two primary block/masonry industrial buildings (Building #1) is available. Building #1 has 52,005 total SF, 4,457 SF office, 2 dock doors, 1 drive-in door, 1200 AMP 480 V 3-phase power, and 20' clear height. Extensive 2019 renovations to the building include: interior and exterior paint, new asphalt and parking, upgraded dock doors and drive-in doors, new landscaping, LED lights, new TPO roof, new gutters, and much more.Property Highlights:- Renovated in 2019- Expandable Site- Below Market Rents- Below Market Operating Expenses- Outside Storage Potential- New TPO RoofWith an MSA over 645,000, Lexington is the second largest market in the Commonwealth of Kentucky. Lexington provides a strategic location for businesses through access to a highly educated labor force, low startup and operational costs, below average cost of living, and its location at the I-75/I-64 intersection providing a 24-hour or less drive to approximately 70% of the United States population.
Exterior Features

Construction Materials BlockBrick Docks 1 - 3 Docks Number Of Dock Doors 2 Number Of Drive In Doors 1 Parking 36 - 55 SpacesOn SitePaved Stories One

Interior Features

Building Square Footage 52796 Warehouse Square Footage 48339

Property Features

Building Info Lot Expansion Potential Business Type Industrial Current Zoning I-2 Heavy Industrial Electricity Phase 3 Electricity Voltage 480 Lease Type Triple Net Miscellaneous Features 3 Phase Electricity Sale Lease Includes BuildingsLand Tax Rate 1.1253 Terms Lease

Bluegrass REALTORS® logo Listing provided courtesy of Peter Barr of Block + Lot Real Estate: (859) 309-0099 . Listing information © 2023 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lexpert 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.
 
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The Lexpert
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Lexington KY, 40509
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