High End Mixed Use Property in Chevy Chase
451 S Ashland Ave, Lexington, KY 40502

Overview
We are pleased to present a one-of-a-kind 2,622 SF mixed use property in the heart of Lexington’s historic Chevy Chase business district.
This turnkey opportunity provides your business/office a visible corner lot with high-end modern finishes. Behind the massive windows overlooking the neighborhoods and business district, you’ll find a private office, restroom, temperature-controlled garage, and a sunlit showroom and retail space that walks out onto a porch. The street level space has a private parking lot and is accessed by front and side door.
Upstairs you’ll find a 913 SF residence or investment unit perfect for living, renting, or Airbnb. Spacious rooms and great view, with new appliances. Owner-occupant can live above their business or rent to create an income stream above their business. Based on zoning, whole property can be used as business/retail if need be.
- For Sale - $975,000
- 1,355 SF is storefront / showroom / office; 354 SF is a fully climate-controlled garage / storage with utility sink and high ceilings for ample storage; totaling 1,709 SF on street level
- Space includes private office, walk-out porch, restroom and garage
- Floor to ceiling windows provide plenty of natural light overlooking Lexington’s historic Chevy Chase
- 913 SF upstairs is rentable 3-bedroom apartment with modern finishes and new appliances. Perfect for young professionals, Airbnb, or VRBO
- Zoned B-1
- Building provides highly visible signage opportunities
- Prime location centered around high-end restaurants and local boutique shopping
- Located minutes from Lexington’s downtown, and only 0.5 miles from the University of Kentucky’s Campus
Attachments
Links
For Sale
- Sale Price
- $975,000
- Price Per SF
- $371.9/SF
- Building Size
- 2,622 SF
- Acres
- 0.131 ac
- Zoning
- B-1
- Building Class
- C
- Number of Buildings
- 1
- Floors
- 2
- Year Built
- 2018
- Construction Siding
- Brick
- Construction Type
- Framed
- Nearest MSA
- Lexington-Fayette
- Property Status
- Existing
- County
- Fayette
- Available
- 10/01/2025
- Created
- 05/19/2020
- Updated
- 09/30/2025
- Listing ID
- dc14c87a
- Parcel APN
- 15907690
























