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    Closed Feb 9, 2023
    131 Cheapside, Lexington, KY 40507
    $1,800,000
    3,450sqft
    0.08acres
    Commercial Sale

    131 Cheapside, Lexington, KY 40507

    Listing by: Lifstyl Real Estate
    1 - 1 of 1 results
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    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    Imagine Your Home
    131 Cheapside, Lexington, KY 40507
    Closed Feb 9, 2023
    $1,800,000
    3,450sqft
    0.08acres

    131 Cheapside, Lexington, KY 40507

    Commercial Sale by Preeti GuptaLifstyl Real Estate.

    Data checked 2 hours ago. Listing last updated 244 days ago.
    1. Overview
    2. Details
    3. More 

    This is an opportunity to own a Lexington landmark, noted bar and restaurant and two exquisitely designed and decorated Airbnb units with extraordinary revenue potential, located in the epicenter of the Central Business District. Zoned B2B adjacent to Fifth Third Pavilion at Cheapside, also the home of Lexington's Farmer's market. 131 Cheapside was built in 1895 by W. J. Loughridge, an established hemp and tobacco broker. The architect was Henry Hobson Richardson, a major influencer in architecture for years, whose style would become known as Richardson Romanesque. His style migrated from the east coast across the country, Richardson became famous for his fascination with unusual and sculpted shapes, and individuality. Only two Richardsonian Romanesque style buildings are represented in the downtown district, the Fayette County Courthouse and this adjacent property 131 Cheapside. For 38 years this property was home to Cheapside Bar and Grill. Currently leased as The Horse and Jockey Pub and Kitchen which comprises the ground floor and approximately 2480 sq ft patio plus basement. The second & third floors are two stunning apartments currently used as an AirBnB destinations. All systems have been updated. The most recent renovation of the Airbnb units was over the last three years which includes a sprinkler system. Each Airbnb unit is 1325 sq ft. All sq ft numbers noted here are approximate and is derived from the PVA measurements of outside dimensions.

    Details
      Property type
    Comm/Prof/Ind
      Year built
    1895
      Heating
    -
      Cooling
      Garage
    No
      Parking spots
    -
    22018700
    MLS ID
    Closed
    Status
    Feb 9, 2023
    Closed
      Flooring
    Wood
      View
    Exterior features
    Lot features
    Monthly taxes
    -
    Yearly taxes
    -
    Schools
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Preeti Gupta
    REALTOR® Salesperson, Lifstyl Real Estate
     
     
    Building Info
    Address
    131 Cheapside, Lexington, KY 40507
    Year Built
    1905
    Number of Floors
    3
    Gross area
    5,140 sqft
    Frontage
    24.5 ft
    Location
    Located on the corner of West Short and Cheapside.
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    131 Cheapside, Lexington, KY 40507, is a 0.08 acres, 3450 sqft. Sale built in 1895. This property is currently available for sale and was listed on Imagine Your Home on 10-18-2022. The MLS# for this Sale is MLS# 22018700.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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