203 E. 4th Street offers a unique opportunity to own a beautiful, free-standing office building in Downtown Lexington under $100/SF. This brick Victorian style building was built in the 1840’s and sits on a picturesque 0.77 Acres with a well-manicured lot and mature landscaping. The building is 10,557 SF (per PVA) on three floors with an elevator. The first and second floors are fully finished, the third floor is partially finished, and an unfinished basement (not included in total SF). The building features an abundance of natural light from the large windows, has a wet sprinkler system, fire alarm system, and 20 parking spaces. The property is currently used as offices, and has been previously used as event space and a single family residence. The property is zoned R-4 allowing the property to be maintained as office space or converted to high density apartments.
There was a new addition to the building in 2002/2003 in which the elevator was added. The first floor features two large offices, a reception/office, mail/copy room, three large meeting/conference rooms, men’s and women’s ADA restrooms, and a covered patio. The second floor features six large offices, conference room, kitchenette, men’s and women’s ADA restrooms, storage, and a covered patio. The partially finished third floor has restrooms stubbed for plumbing and features four rooms, and a mechanical room. The basement features an abundance of storage and mechanical/elevator rooms.
- Priced under $100/SF
- 0.77 Acre Site
- Elevator access to all floors
- Renovated 2002/2003
- Charming décor
- Office uses or high density apartment conversion
Peter Barr, CCIM, SIOR
O: 859.309.0099 x221
O: 859.309.0099 x224
The property is located at the corner of E Fourth Street and N. Martin Luther King Blvd. in close proximity to the Carrick House, Transylvania University and the NoLi District offering several nearby amenities.