4,736 SF Stand Alone Office Opportunity

604 Bizzell Dr Lexington, KY 40510

604 Bizzell Dr, Lexington, KY, 40510
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$550,000
Last Verified:
Aug 28, 2024

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Highlights

  • Available on January 1st, 2025
  • Rare Stand Alone Office Building
  • 4,736 SF
  • 0.53 Acres
  • 9 Standard Offices
  • 2 Executive Offices w/ Private Restrooms
  • Ample parking
  • I-1 Zoning

Description

SVN Stone Commercial Real Estate is pleased to present 604 Bizzell Drive in Lexington, Kentucky FOR SALE. Stand alone office buildings of this size are very tough to find in this market! The 4,736 SF office building has two floors with a mixture of open work space and private offices. The building rests on .53 acres and has ample room for parking in the rear of the property. The upstairs has two executive offices each with their own restroom, three private offices, a large open room, and common restrooms. The lower level has five exterior private offices along with one interior office. There is a small kitchenette, two bathrooms, and a rear exit on the lower level. The property is zoned I-1 (Light Industrial). This property is well positioned for an owner occupant.

For more information please contact Harrison Lane at harrison.lane@svn.com // 859.537.1051 or Neal Metcalfe at neal.metcalfe@svn.com // 859.312.8069.

Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.


Year Built: 1980
Building Size: 4736sq ft
Building Class: B
Lot Size: 0 acres


Documents

SVN Brochure - 604 Bizzell Drive.pdf

Map of 604 Bizzell Dr, Lexington, KY, 40510

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.