For Sale

Industrial Redevelopment Opportunity

331 Henry Street,
Lexington, KY 40508

Asset Snapshot

Memory Care
Industrial Subtype
0.93 Acres
Land Area

Offering Summary

Investment Overview

NAI Isaac is pleased to present a rare industrial redevelopment opportunity in downtown Lexington. The property is located on Henry Street in Lexington, Kentucky, situated within the industrial and mixed-use corridor just north-northwest of Downtown Lexington’s core.


Investment Highlights

  • +/-10,496 SF office/warehouse space with +/-1,148 SF basement
  • Currently functioning grain operation with +/-.93 AC of land in downtown Lexington
  • Redevelopment opportunity for commercial and general purpose business uses within a revitalizing mixed-use neighborhood in close proximity to the CBD and multiple primary area corridors
  • Located in the Opportunity Zone and adaptive reuse overlay option
  • Surrounded by multi-family and mixed-use developments with convenient proximity to New Circle Road and I-75
  • Site improvements include +/-2,000 SF steel building with private offices, restrooms and drive-thru garage space in addition to a multi-story grain elevator with 200,000-300,000 bushel capacity, a 100,000 bushel capacity cylinderical grain silo and processing equipment
  • Digital tractor-trailer scale that is legal for trade
  • Zoned I-1, Light Industrial
  • Sale Price: $995,000

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Listing Syndicated From

Buildout
For Sale
$995,000
Asking Price