1020 Monarch Street,Lexington, KY 40513
Lexington, KY 40513
Description
Excellent owner-occupant or investment opportunity in Lexington's desirable Beaumont Centre. 1020 Monarch Street is a well-maintained three-story professional office building containing approximately 22,536 square feet with elevator service and ample surface parking. The first floor is fully leased to two professional tenants providing stable income. The second floor features a large training room, open area for cubicles or workstations, three private offices, a large conference room, and a spacious break room. The third floor (7,632 RSF) offers 22 private offices, large and small conference rooms, two public restrooms plus one private restroom, a large break room, and a dedicated storage room. Located in the heart of Beaumont Centre near Harrodsburg Road, New Circle Road, and Man O' War Boulevard, the property is surrounded by restaurants, retail, and professional services. Offered at $2,950,000, this property provides flexibility for an owner-occupant to occupy the upper floors while benefiting from existing rental income on the first floor
Details
| MLS # | 25503131 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 319 |
| Listing Provided By | The Gibson Company | Kevin Verhoven |
Features
| SQ Feet | 22,536 |
|---|---|
| Building(s) | 1 |
| Zoning | Other |
| Acreage | 1.45 |
Exterior
| Roof | Membrane |
|---|---|
| Security Features | Fire Sprinkler System |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Paved |
Area Information
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40513 |
| Area | 004 Fayette County SW |
| Subarea | Fayette County SW |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $2,950,000 low | high Med: $89,450 sqft: 22,536 low | high Med: 2,383 $ / sqft: $131 low | high Med: $38 On site: 319 low | high Med: 50 | |
Market Activity 40513
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Learn More About This Property
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40513 |
| Area | 004 Fayette County SW |
| Subarea | Fayette County SW |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $2,950,000 low | high Med: $89,450 sqft: 22,536 low | high Med: 2,383 $ / sqft: $131 low | high Med: $38 On site: 319 low | high Med: 50 | |
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