$850,000
Lexington, KY 40508
MLS# 26009467
Status: Closed
4624 sqft
1 / 5
Property Description
Operated over 13 years as successful nightclub/bar, this is a fully sprinklered and well maintained building with ample electric, tankless gas water heater, large 2 story patio, occupancy of 392 total. 4692 sf per appraisal, 4624 per PVA, was used as a retail business most recently. 4 total public restrooms and 1 private staff rr. Previously 1 bar per floor total 2 fully plumbed and set up. B-2-B zoning allows a large number of uses including residential/apt/condo etc. Privately owned parking lot around building allows monthly, daily, hourly pay parking. Disclosure - LA/Broker is member/manager of LLC that owns the property. Property is being sold as is.
Details
Listing Information
Comp Sale YN: No
Property Sub Type: Mixed Use
Status Change Information
Status Change Timestamp: 2026-08-31
Purchase Contract Date: 2026-07-28
Close Date: 2026-08-31
Close Price: 850000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Address
County: Fayette
Street Number: 208
Street Direction Prefix: S
Street Name: Limestone
State: KY
Zip Code: 40508
Parcel Number: 17126400
Contract
Current Price: $850,000
Original List Price: 925000
Status: Closed
Start Showing Date: 2026-04-30
Listing Contract Date: 2026-04-30
Sold Price: $850,000
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 200.04
Sold Price/SqFt: 183.82
SP/LP: 0.92
Interior
Living Area: 4624
Living Area Units: Square Feet
Living Area Source: Public Records
Building Area Total: 4624
Building Area Source: Assessor
Building Area Units: Square Feet
Building
Basement YN: No
Year Built: 1940
Stories Total: 2
Accessibility Features YN: Yes
Leasable Area: 4690
Lot
Lot Size Acres: 0.0792
Lot Size Square Feet: 3450
Lot Size Dimensions: 92 x 37.5
Road Frontage Feet: 37
Utilities
Cooling YN: Yes
Heating YN: Yes
Remarks
Public Remarks: Operated over 13 years as successful nightclub/bar, this is a fully sprinklered and well maintained building with ample electric, tankless gas water heater, large 2 story patio, occupancy of 392 total. 4692 sf per appraisal, 4624 per PVA, was used as a retail business most recently. 4 total public restrooms and 1 private staff rr. Previously 1 bar per floor total 2 fully plumbed and set up. B-2-B zoning allows a large number of uses including residential/apt/condo etc. Privately owned parking lot around building allows monthly, daily, hourly pay parking. Disclosure - LA/Broker is member/manager of LLC that owns the property. Property is being sold as is.
Building and Property Details
Inground Tank YN: No
# of Men's Restrooms: 3
# of Women's Restrooms: 2
Usable SqFt: 4624
Showing Information
Showing Instructions: Please give 1 day notice, contact LA to show, text please
Tax Legal
MLS Area Major: 001 - Fayette County NW
Subdivision Name: Downtown
Property Features
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Other; Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Other
Building Features: Concrete Floor; Tile/Brick Floor; Wood Flooring
Business Type: Commercial; Food & Beverage; Mixed; Professional Service; Professional/Office; Recreation; Restaurant; Other
Ceiling: Drywall; Open
Construction Materials: Brick
Cooling: Central Air; Heat Pump; Multi Units
Docks: None
Electric: 200+ Amp Service
Existing Lease Type: None
Heating: Electric; Heat Pump
Parking Features: None
Possession: Close Of Escrow; Negotiable
Roof: Flat
Sale Includes: Building(s); Fixtures; Land
Security Features: Fire Sprinkler System
Sewer: Public Sewer
Tenant Pays: Electricity; Exterior Maintenance; Gas; Interior Maintenance; Sewer; Trash Collection; Water
Water Heater: Gas; Tankless
Showing Requirements: Call Listing Agent; Key In Office
Listing Office: Ky Custom Homes Real Estate
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.