$850,000
Lexington, KY 40507
MLS# 24021896
Status: Closed
2864 sqft
1 / 59
Property Description
Welcome to a one-of-a-kind property nestled in the heart of Lexington's historic downtown district. This exceptional space seamlessly combines charm and modernity, making it a true gem. The main level serves as a vibrant hub of activity, featuring a chic salon, an upscale boutique, and a serene spa. This fully operational and successful establishment is ready for its new owner to let their imagination run wild. With the existing and incredibly valuable B-2B zoning, this fully renovated building offers a unique experience, attracting both locals and visitors seeking relaxation and style in a historic setting. The elegance doesn't stop there. Venture to the second level, where a fully renovated Airbnb awaits. This inviting space blends contemporary comforts with the building's historic charm, providing guests with a memorable stay. Whether they are here for a peaceful retreat or an urban adventure, they'll be perfectly situated to explore the historic surroundings and vibrant local culture. Perched perfectly adjacent to Rupp Arena, this chic and charming Airbnb is a proven fan favorite.. Continue to lease the second level; or keep it for yourself as a primary or vacation home. The possibilities are endless. This property is not just a place of business; it's a destination in its own right. With its prime location and diverse offerings, it's poised to be a cornerstone of the community, catering to both residents and tourists alike. Discover the perfect synergy of commerce and hospitality in this unique downtown property.
Details
Listing Information
Comp Sale YN: No
Property Sub Type: Business
Status Change Information
Price Change Timestamp: 2025-02-17T15:41:55Z
Status Change Timestamp: 2025-07-20
Purchase Contract Date: 2025-06-16
Close Date: 2025-07-18
Close Price: 850000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Address
County: Fayette
Street Number: 302
Street Direction Prefix: W
Street Name: High
Street Suffix: Street
State: KY
Zip Code: 40507
Parcel Number: 12987500
Contract
Current Price: $850,000
Original List Price: 998500
Status: Closed
Start Showing Date: 2024-10-16
Listing Contract Date: 2024-10-17
Sold Price: $850,000
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 345.32
Sold Price/SqFt: 296.79
SP/LP: 0.86
Interior
Living Area: 2864
Building Area Total: 2864
Building
Year Built: 1930
Stories Total: 2
Lot
Lot Size Acres: 0.0772
Lot Size Square Feet: 3363
Road Frontage Feet: 28
Remarks
Public Remarks: Welcome to a one-of-a-kind property nestled in the heart of Lexington's historic downtown district. This exceptional space seamlessly combines charm and modernity, making it a true gem. The main level serves as a vibrant hub of activity, featuring a chic salon, an upscale boutique, and a serene spa. This fully operational and successful establishment is ready for its new owner to let their imagination run wild. With the existing and incredibly valuable B-2B zoning, this fully renovated building offers a unique experience, attracting both locals and visitors seeking relaxation and style in a historic setting.
The elegance doesn't stop there. Venture to the second level, where a fully renovated Airbnb awaits. This inviting space blends contemporary comforts with the building's historic charm, providing guests with a memorable stay. Whether they are here for a peaceful retreat or an urban adventure, they'll be perfectly situated to explore the historic surroundings and vibrant local culture. Perched perfectly adjacent to Rupp Arena, this chic and charming Airbnb is a proven fan favorite.. Continue to lease the second level; or keep it for yourself as a primary or vacation home. The possibilities are endless.
This property is not just a place of business; it's a destination in its own right. With its prime location and diverse offerings, it's poised to be a cornerstone of the community, catering to both residents and tourists alike. Discover the perfect synergy of commerce and hospitality in this unique downtown property.
Building and Property Details
# of Floors Serviced: 2
Showing Information
Showing Instructions: Please contact LA and we will work together with the owner to set up a mutually agreeable time.
Tax Legal
MLS Area Major: 003 - Fayette County SE
Subdivision Name: Downtown
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Business Type: Commercial; Mixed; Other
Construction Materials: Brick; Other
Possession: Negotiable
Sale Includes: Building(s); Land; Leases
Sewer: Public Sewer
Listing Office: Legacy Real Estate Firm
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.