For Sale: Retail Property & Adjacent Lot
648 North Limestone
Lexington, KY 40508
Highlights
- *** Out of courtesy to ownership and staff, please avoid direct contact with the tenant. No drop-ins will be permitted a tour. Showings will be arranged by appointment only while normal business operations continue. ***
- 672 SF retail/street retail building built in 1976, fully occupied and providing stable income
- Located in a B-1 zoned area within the Noli neighborhood, surrounded by locally-owned shops, restaurants, and service businesses
- Adjacent parcel at 112 Alabama Ave included, offering potential flexibility for future use or expansion
- Reliable rental history and central location make this a practical investment opportunity in a vibrant commercial district
Description
Presenting an investment opportunity in Downtown Lexington, KY. This 672 SF building, constructed in 1976, is fully occupied and located in a B-1 zoned area. With 100% occupancy, this retail/street retail property offers reliable income and a straightforward addition to an investor’s portfolio.
Situated in the Noli neighborhood, the property benefits from a location surrounded by locally-owned restaurants, shops, and service businesses, providing steady foot traffic and visibility. The offering also includes an adjacent parcel at 112 Alabama Ave, providing potential flexibility for future use or expansion. With its dependable rental history and central location, this property is a practical opportunity for investors seeking a manageable, income-producing retail asset in a vibrant commercial area.
*** Out of courtesy to ownership and staff, please avoid direct contact with the tenant. No drop-ins will be permitted a tour. Showings will be arranged by appointment only while normal business operations continue. ***
648 N Limestone is located in the heart of Lexington’s vibrant NoLi (North Limestone) neighborhood, one of the city’s most creative and walkable districts. Just steps away is Greyline Station, a restored historic bus terminal now home to local retailers, dining, offices, and the Julietta Market, along with frequent community events. The surrounding area features independent shops, coffee spots, breweries, and nearby community gardens, creating a strong neighborhood feel with everyday conveniences close at hand. The property also benefits from excellent public transportation access, with Lextran bus routes running along North Limestone and nearby corridors, providing easy connections to downtown, the University of Kentucky, and beyond. With its blend of historic character, local culture, and ongoing revitalization, NoLi offers a highly desirable urban setting for residents seeking connectivity, walkability, and a true sense of community.
