Flex Space with Development Potential

621 Winchester Road Lexington, KY 40505

621 Winchester Road, Lexington, KY, 40505
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,700,000
Last Verified:
Mar 19, 2025

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Highlights

  • Size: 1.01 acres
  • Zoning: I-1 (Industrial)
  • Existing Building: 10,162 SF flex space
  • Traffic Count: 23,638 VPD
  • Strategic Location: Adjacent to The MET and Midland Station
  • Nearby Amenities: Restaurants, coffee shops, salons, and retail

Description

SVN Stone Commercial Real Estate is pleased to present the opportunity to acquire 1.01 acres of I-1 zoned land, currently improved with a 10,162 SF flex space in the rapidly developing Midland Station corridor of downtown Lexington.

This property is situated just 0.2 miles from The MET—a completed development featuring 44 residential units and 30,000 SF of commercial space—and directly across from the proposed Midland Station, a 258-unit mixed-use development. With increasing density and ongoing investment in the area, adjacent parcels are primed for future development.

For more information on existing tenants, current income, or the property at large please contact Justin Ryder, CCIM at justin.ryder@svn.com // 859.447.3285.

⚠️ Prospective buyers are kindly requested NOT to visit the property during tenants' business hours.

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.

Building Size: 10162sq ft
Building Class: B
Lot Size: 1.01 acres


Documents

Brochure - 621 Winchester Rd.pdf

Map of 621 Winchester Road, Lexington, KY, 40505

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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."

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