330 Newtown Pike – Lexington

$ 3,030,400.00
Purpose Sale
Type: ,
Location
Total Lot Size3.788 AC
Zoning DescriptionB-1 - Neighborhood Business
Property Sub-TypeCommercial/Other (land)
Additional Sub-TypesOffice (land); Retail (land)
Property UseThis property is vacant or best suited for an owner/user

Address: 330 Newtown Pike, Lexington, KY 40508

This prime development property is located on the quickly emerging west end of downtown Lexington at the corner of Third Street and Newtown Pike. The Newtown Corridor is situated in close proximity to dozens of Lexington’ s hottest restaurants, breweries, and entertainment venues with Jefferson Street, Manchester Street, downtown, and Rupp Arena just blocks away. The property is ideally located adjacent to the new Bluegrass Community & Technical College campus and near Transylvania University.

This high traffic count, high visibility site is ideally positioned for multiple types of developments including apartments, hotels, drugstore, and retail shops. (see full list of B-1 permitted uses on pages 14-16). This property provides easy access to I-75, I-64, downtown and the University of Kentucky campus via the new Oliver Lewis Way.

Please call our office for additional details.

Asking Price:
Entire Parcel
$3,030,400 or $275,000 per year ground lease.

Corner Parcel
$1,150,000 per acre or $110,000 ground lease.

All Except Corner
$750,000 per acre or $165,000 ground lease.

Lot Size: 3.788 AC
Lot Type: Commercial/Other (land)

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330 Newtown Pike PVA Development Plan Conceptual Plans