163 N Ashland Avenue, Lexington, KY 40502 (MLS# 26027495)

Parking Information

Parking Total

71

Building

Year Built

1976

Accessibility Features YN

Yes

Leasable Area

52931

Lot

Lot Size Acres

1.97

Lot Size Square Feet

85813.2

Remarks

Public Remarks

Listing Includes: 151 N. Ashland Ave, 155 N. Ashland Ave, 163 N. Ashland Ave, 713 Franklin Ave., & 724 Hambrick Ave. A rarely available five-property portfolio in one of Lexington's most walkable, in-demand east-side neighborhoods. The centerpiece is the historic church campus at 163 N. Ashland Avenue, a 49,095 SF facility whose sanctuary seats approximately 1,100. The offering also includes two houses and two parking lots, giving a buyer both immediate ministry use and long-term land assemblage in a neighborhood where large sites almost never trade. Turnkey church relocation. Congregations priced out of new construction can step into a full campus—worship, education, offices, and off-street parking—on North Ashland Avenue, next to Ashland Elementary and Temple Adath Israel, and a short walk to Chevy Chase shops, restaurants, and UK. Redevelopment assemblage. Planning around single-family infill, luxury townhomes, or multifamily, subject to zoning, overlays, and neighborhood review. In Chevy Chase / Kenwick / Ashland Park and Bell Court, that kind of assembled frontage is uncommon. This is a large institutional footprint inside a mature, high-demand residential fabric—the kind of listing that typically never hits the open market. Property Highlights: -Five total properties totaling 52,931 SF and 1.97 AC -R-1D Zone for potential single family or multifamily redevelopment -Located just minutes from Downtown Lexington in the highly-desirable Chevy Chase and Bell Court neighborhood, just off of Richmond Road -71 total parking spaces with additional on-street parking

Property Features