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For Sale: Retail Property & Adjacent Lot

648 N Limestone, 112 Alabama Ave, Lexington, KY 40508

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Overview

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. ***

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

For Sale

Retail

Secondary Uses: Street Retail

Sale Price
$225,000
Price Per SF
$334.82/SF
Building Size
672 SF
Acres
0.1705 ac
Zoning
B-1
Zoning Desc.
Neighborhood Business
Tenant
The Happy Farmer
Year Built
1976
Avg. Occupancy
100%
County
Fayette
Available
02/18/2026
Listed
02/18/2026
Updated
02/18/2026
Listing ID
76ff2757
Parcel APN
13197250