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Auction0.4 Acres
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601 West Main Street, Lexington, KY 40508 - Fayette County

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Property ID 21794227

Auction Information

Online Auction – Heart of Lexington Retail-1 Block from Rupp Arena
601 & 605 West Main Street, Lexington, KY
11/19/2024, 03:00 PM
Online Bidding SiteExternal Link

Online Auction Heart of Lexington Retail-1 Block from Rupp Arena

Online Auction Heart of Lexington Retail-1 Block from Rupp Arena

Rare Downtown Lexington Retail Location at Signalized Intersection

High Traffic Location at W. Main & Jefferson St. just 1-Block from Rupp Arena & the Lexington Convention Center!

2 minute walk to Rupp, Convention Center, Mary Todd Lincoln House, Towne Branch Park and Everything Vibrant Downtown Lexington has to Offer!

Extremely Rare Opportunity for Investment, Retail Location, Newest Tavern, Stylish Restaurant with Deeded Parking, Dual Entrances/Exits, Renovated Interior and Exterior

First Floor Retail, Front and Side Entrance, Upstairs Residential for Air BNB or Conversion to Office, Retail or Market Rent Apartments

New Town Branch Park (a $39 Million Investment) is merely Yards Away from the Premier Commercial/Retail Property

Fantastic Location for the Coolest New Boutique Gallery - Nightspot Dining Locale or Retail Venue!!

Significant Improvements, First Floor Apartment, Second Floor Apartment/Office, Paved Parking with 2 Street & Alleyway Access Rear Patio Area

Zoning is B-2B Downtown Center Business Numerous Allowable Uses

Ownership Dissolution through Mediated Settlement Order for Directed Immediate Sale of Assets

Vital Statistics: 4,294 +/- SF Above Grade 1,831 +/- SF Basement Brick Exterior Central HVAC throughout 17,424 +/- SF Land incl. Asphalt Parking Lot All Utilities to Site Multiple Access Points Membrane Roof (Note: All Dimensions and Sizes are from Fayette Co. PVA-Buyer is Required to Verify)

Title Commitment Available Selling Free and Clear Insurable Title

Subject to Sale Prior to the Auction without Notice Pre-Auction Offers Welcomed

Brokers Protected & Buyer Agents Welcome 2% Buyer Agent Fee Offered

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998

10% Buyer's Premium and other terms apply

Online bidding ends November 19th at 3:00 pm ET

Inspection: November 12th at 12:00pm ET

Property Address: 601 & 605 West Main Street, Lexington, Kentucky 40508

#tranzon #auction #onlineauction #realestate #realestateauction

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Edward D. Durnil

Tranzon Asset Advisors
(859) 694-9771

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Edward D. Durnil

Edward D. Durnil

Tranzon Asset Advisors