736 - 740 N. Limestone

Highlights

• Two adjacent B-1 zoned lots totaling ±0.047 acres
• Located in the heart of the revitalizing North Limestone (NoLi) corridor
• Steps from Greyline Station and an emerging mix of local restaurants, breweries, and retailers
• Highly walkable urban location with strong pedestrian activity
• Flexible B-1 zoning supports a wide range of commercial uses
• Located within a federally designated Opportunity Zone — potential tax advantages for qualifying investments
• Ideal for a local entrepreneur, restaurateur, or developer looking to capitalize on NoLi's growing momentum

Description

SVN Stone Commercial Real Estate is proud to present a rare opportunity to acquire two adjacent vacant lots at 736 and 740 N. Limestone Street in Lexington's up-and-coming North Limestone (NoLi) corridor, available at $247,500 for ±0.047 acres total. B-1 zoned and well-positioned for a local business, boutique retail, restaurant, or mixed-use concept, these parcels sit steps away from a growing mix of local shops, dining, and entertainment — including Greyline Station, a popular food hall and event venue housed in a renovated former bus terminal, along with an emerging collection of restaurants, breweries, coffee shops, and retailers that reflect the area's ongoing revitalization. B-1 zoning supports a wide range of commercial uses, and with two adjacent lots, developers and entrepreneurs have the flexibility to build a purpose-built structure tailored to their vision in a neighborhood with growing momentum and strong community investment. As an added benefit, these parcels are located within a federally designated Opportunity Zone, offering potential significant tax advantages including deferral and reduction of capital gains taxes for qualifying investments.

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.

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