903 Manchester Street, Unit 110 & 190

Lexington, KY

Industrial for Sale - 21,052 Sq. Ft.


Agent Info

Edward Durnil
Tranzon Asset Advisors

Property Info

CIMLS#1155075
Location
  903 Manchester Street, Unit 110 & 190
  Lexington KY 40508
UpdatedFebruary 12th, 2024
TypeIndustrial
PriceUpon Request
Building21,052 Sq. Ft.

Property Description

Online Auction – Prime Class A Commercial Condos – Near Rupp Arena

Exclusive Downtown Location in the Booming Historic Old Tarr Distillery District!

Premier Location just a 4-minute walk to Rupp Arena and Everything Vibrant Downtown Lexington has to Offer!

Incredible Location!! Neighboring Landmark Properties include The Manchester Hotel & Manchester Music Hall Concert Venue!

Lexington’s Towne Branch Park ($39M Construction) will be only 100 yards away!

Check out this Amazing New Downtown Venue on your Doorstep! www.townbranchpark.org

Fantastic Location for the Coolest New Brewery – Boutique Distillery – Brew Pub Restaurant-Nightspot - Gallery or Fabulous Entertainment Venue!!

Currently Operating as Premier Private Event & Catering Center & Speak-Easy Lounge, with one of the Largest Commercial Kitchens & CBD Production in Central Kentucky

Luxuriously Appointed Interiors with Refined Lighting, Themed Ballroom, Two Full-Service Bars, Private Rooms and Open Floor Plan creates Flexibility for Variety of Uses.

Multiple Access Points are Perfectly Suited for Multiple Tenants or Owner-User and Tenants in this Voguish Open Designed Location – Buy One Unit or Both!

Ownership of Both Suites entitles Purchaser to Retain 51% Control of Condominium Shares

Opening Soon Mexican Themed La Mazunte Bodega and La Brasa Right Next Door!

Zoning is I-1 (Light Industrial) with Commercial, Light Manufacturing, Business & Other Uses Permitted

Exceptionally Large Commercial Kitchen with Ability to Convert Space for Manufacturing, Hospitality or Commercial Functions

Appraised for $3,450,000 in November 2023 – Appraisal Available w/signed NDA

Owners Retiring from Event Center & Catering Business – Equipment Package Offered Separately

Each Unit Will Be Offered Individually and in Combination of Both Units

Square Footage: Unit 110 (10,186 +/-), Unit 190 (10,866 +/-), Total (21,052 +/-) – per appr.

Title Commitment Available – Selling Free and Clear – Clear Title Guaranteed

Survey, Appraisal, Environmental Site Assessment & Condominium Docs available

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/Broker #P1734

10% Buyer's Premium and other terms apply

Online bidding end April 3rd at 3:00 pm

Inspection: March 27th & April 1st at 12:00 pm ET

Property Address: 903 Manchester Street, Unit 110 & 190 Lexington, KY 40508

Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

#tranzon #auction #onlineauction #realestate #realestateauction


Financials