Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
417 South Mill Street
Lexington, KY 40508
Asking Price
$849K
Asset Type
Flex Retail
Class
Class B
What's Special
Rare Value-add Opportunity in Lexington's Urban Core <ul><li><span style="color: rgba(33, 37, 41, 1)">Active use variance in place</span></li><li><span style="color: rgba(33, 37, 41, 1)">Alley-served rectangular lot</span></li><li><span style="color: rgba(33, 37, 41, 1)">Established variance precedent on the block — adjacent parking lot and converted office building have both received Board of Adjustment approval, signaling receptivity to creative entitlement strategies in this immediate area</span></li><li><span style="color: rgba(33, 37, 41,
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
9.42%
DSCR
1.59
Strong
Cash-on-Cash
11.62%
Monthly Payment
$4,200.389
Annual Cash Flow
$29,595.335
