Description
Discover a rare opportunity to own a mixed-use property in the vibrant core of Downtown Lexington. This well-maintained building features two street-level retail spaces and three residential apartments. Retail units are currently leased to stable, long-term tenants in a high visibility area with heavy foot traffic and strong downtown exposure. The apartments were updated in 2019 and are ideal for short term or long term rentals. Property Highlights: Excellent downtown location near restaurants, entertainment, Rupp Arena and University of Kentucky campus. High walkability and easy access to public parking. Strong rental history and consistent cash flow. This property offers the best of both worlds — reliable commercial income from established tenants and flexible residential units in a thriving rental market. Perfect for investors seeking stable returns, appreciation potential, and short-term rental upside in one of Lexington's most desirable districts.
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0BEDS
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0.09ACRES
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01/2 BATHS
School Ratings & Info
Description
Discover a rare opportunity to own a mixed-use property in the vibrant core of Downtown Lexington. This well-maintained building features two street-level retail spaces and three residential apartments. Retail units are currently leased to stable, long-term tenants in a high visibility area with heavy foot traffic and strong downtown exposure. The apartments were updated in 2019 and are ideal for short term or long term rentals. Property Highlights: Excellent downtown location near restaurants, entertainment, Rupp Arena and University of Kentucky campus. High walkability and easy access to public parking. Strong rental history and consistent cash flow. This property offers the best of both worlds — reliable commercial income from established tenants and flexible residential units in a thriving rental market. Perfect for investors seeking stable returns, appreciation potential, and short-term rental upside in one of Lexington's most desirable districts.
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Listing provided courtesy of Andrea Hage of Kentucky Properties Realty Group: 859-548-2007 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.