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247 South Forbes Road, Lexington, KY 40504

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For Sale

Price On Request

52,796 sqft

  • Other Residential
    Property type

  • Over 50 Years Old
    Age

Explore this Property

Forbes Business Center located at 247 S. Forbes Road was originally developed in 1964 and occupied as part of the G. F. Vaughan portfolio, one of the two primary block/masonry industrial buildings (Building #1) is available. Building #1 has 52,005 total SF, 4,457 SF office, 2 dock doors, 1 drive-in door, 1200 AMP 480 V 3-phase power, and 20' clear height. Extensive 2019 renovations to the building include: interior and exterior paint, new asphalt and parking, upgraded dock doors and drive-in doors, new landscaping, LED lights, new TPO roof, new gutters, and much more. Property Highlights: - Renovated in 2019 - Expandable Site - Below Market Rents - Below Market Operating Expenses - Outside Storage Potential - New TPO Roof With an MSA over 645,000, Lexington is the second largest market in the Commonwealth of Kentucky. Lexington provides a strategic location for businesses through access to a highly educated labor force, low startup and operational costs, below average cost of living, and its location at the I-75/I-64 intersection providing a 24-hour or less drive to approximately 70% of the United States population.
MLS# 23019197

Courtesy Of Block + Lot Real Estate

(859) 309-0099

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Block, Brick
  • Lot Size
    17.84 Acres

Map and Directions

Directions to 247 South Forbes Road, Lexington, KY 40504

Home seller CENTURY 21 Advantage Realty

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CENTURY 21 Advantage Realty

(859) 721-0121
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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