$5
Active
228 Days Online
0 Beds0 Baths52,005 SQFT
Active

247-South Forbes Road Lexington, KY 40504

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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 RoofWith 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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyFayette
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site228 Days
  • MLS StatusActive
  • MLS ID Number23019197
  • Home Size Source N/A
  • Year Built1964
  • Lot Size17.841 Acres
  • Full BathsN/A
  • Partial BathsN/A

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