Property Listing No Longer Available for Sale

120 Prosperous Place, Lexington, KY

Office for Sale - $3,900,000 - 47,754 Sq. Ft. on 2.87 acres


Property Info

CIMLS#922716
Location
  120 Prosperous Place
  Lexington KY 40509
UpdatedFebruary 12th, 2018
TypeOffice
Price$3,900,000
Building47,754 Sq. Ft.
Land2.87 acres

Property Description

NEWLY REDUCED PRICE! From $4,400,000 to $3,900,000! SVN Stone Commercial Real Estate is pleased to offer this Class A office building located at 120 Prosperous Place in Lexington, Kentucky. This is an EXCELLENT opportunity for an investor or owner/user with great upside potential. This three story office building has a total of 47,754 SF on 2.87 acres and approximately 204 parking spaces. The property has over 30,100rsf of vacant space available including a 15,426rsf 3rd floor. The building does have current tenants and current income. This property offers easy access to I-75/I-64, Richmond Road and Man O' War, and New Circle Road, and is just minutes away from the Richmond Road retail corridor and Hamburg Pavilion regional shopping center. Please contact us to get more information on this great opportunity.

Location Description:

Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities.Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.

Highlights:

>> PRICE REDUCED 3,900,000 down from $4,400,000!

>> 47,754 SF Office Building on 2.87 Acres with Great Upside Potential

>> Building features in place tenants and income

>> Ideal for owner/occupant or investors

>> Adjacent to St. Joseph East Hospital, other medical and traditional office space, and retail

>> Over 30,100rsf available office space in the building

>> Approximately 204 Parking Spaces

>> Easy Access to I-75/I-64, Richmond Road, Man-O-War, and New Circle Road

>> Abundant shopping, retail, and restaurants nearby

* Email for additional photos

** This property also has spaces available for lease.


Financials

Sales Info:

>> Commision split: 2.5%