Industrial Redevelopment Opportunity
331 Henry Street
Lexington, KY 40508
Highlights
- +/-10,496 SF office/warehouse space with +/-1,148 SF basement
- Currently functioning grain operation with +/-.93 AC of land in downtown Lexington
- Redevelopment opportunity for commercial and general purpose business uses within a revitalizing mixed-use neighborhood in close proximity to the CBD and multiple primary area corridors
- Located in the Opportunity Zone and adaptive reuse overlay option
- Surrounded by multi-family and mixed-use developments with convenient proximity to New Circle Road and I-75
- Site improvements include +/-2,000 SF steel building with private offices, restrooms and drive-thru garage space in addition to a multi-story grain elevator with 200,000-300,000 bushel capacity, a 100,000 bushel capacity cylinderical grain silo and processing equipment
- Digital tractor-trailer scale that is legal for trade
- Zoned I-1, Light Industrial
- Sale Price: $995,000
Description
NAI Isaac is pleased to present a rare industrial redevelopment opportunity in downtown Lexington. The property is located on Henry Street in Lexington, Kentucky, situated within the industrial and mixed-use corridor just north-northwest of Downtown Lexington’s core.
The property is located on Henry Street in Lexington, Kentucky, situated within the industrial and mixed-use corridor just north-northwest of Downtown Lexington’s core. The site is part of a string of industrial and warehouse-type properties along Henry Street that benefit from direct access to the city’s primary transportation network and proximate urban amenities. Henry Street is a key connector within Lexington’s urban grid, located just a short distance from Main Street, Short Street, and Broadway, and is easily accessible from major thoroughfares including New Circle Road and I-75 to the north and east, facilitating efficient regional logistics and workforce access.
