$1,030,000
Lexington, KY 40507
MLS# 25506442
Status: Closed
5184 sqft
1 / 45
Property Description
Offered for the first time in nearly 30 years, 101 West Short Street is a unique opportunity. Located just one block off East Main Street and directly across from the courthouse plazas, the setting is connected and central. Immediate neighbors include City Center, 21C Museum Hotel, and the Lexington Financial Center. The three-story ca. 1930's building has an attractive façade, with large picture windows framing the first-floor restaurant. Intricate stonework lends further detail. Open space on the second floor is ideal for events or private receptions, while offices occupy the third level. The corner lot has frontage on both West Short Street and North Limestone, with sweeping views of downtown Lexington and room for sidewalk dining areas. The property is fully leased, making it an appealing long and short-term investment.
Details
Listing Information
Comp Sale YN: No
Property Sub Type: Mixed Use
Status Change Information
Status Change Timestamp: 2026-02-17
Purchase Contract Date: 2025-12-04
Close Date: 2026-02-17
Close Price: 1030000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Address
County: Fayette
Street Number: 101
Street Direction Prefix: W
Street Name: Short
Street Suffix: Street
State: KY
Zip Code: 40507
Parcel Number: 15864400
Contract
Current Price: $1,030,000
Original List Price: 912500
Status: Closed
Start Showing Date: 2025-11-18
Listing Contract Date: 2025-11-18
Sold Price: $1,030,000
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 176.02
Sold Price/SqFt: 198.69
SP/LP: 1.13
Interior
Living Area Units: Square Feet
Building Area Total: 5184
Building Area Source: Owner
Building Area Units: Square Feet
Building
Basement YN: Yes
Year Built: 1930
Stories Total: 3
Accessibility Features YN: No
Lot
Lot Size Acres: 0.055
Lot Size Square Feet: 2395.8
Remarks
Public Remarks: Offered for the first time in nearly 30 years, 101 West Short Street is a unique opportunity. Located just one block off East Main Street and directly across from the courthouse plazas, the setting is connected and central. Immediate neighbors include City Center, 21C Museum Hotel, and the Lexington Financial Center. The three-story ca. 1930's building has an attractive façade, with large picture windows framing the first-floor restaurant. Intricate stonework lends further detail. Open space on the second floor is ideal for events or private receptions, while offices occupy the third level. The corner lot has frontage on both West Short Street and North Limestone, with sweeping views of downtown Lexington and room for sidewalk dining areas. The property is fully leased, making it an appealing long and short-term investment.
Income and Expenses
Total Actual Rent: 103800
Showing Information
Showing Instructions: Showings strictly by appointment only with a proof of funds or preapproval letter e-mailed to the listing broker concurrent with the showing request. Min. 48-hour notice to show. LA accompany. Restricted hours.
Tax Legal
MLS Area Major: 002 - Fayette County NE
Subdivision Name: Downtown
Property Features
Basement: Full
Building Features: Kitchen Facilities
Business Type: Professional/Office; Restaurant
Possession: Subject To Tenant Rights
Sale Includes: Building(s); Leases
Sewer: Public Sewer
Tenant Pays: Electricity; Gas; Insurance; Taxes; Water
Showing Requirements: Listing Agent Must Accompany; Restricted Hours
Listing Office: Kirkpatrick & Company
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.