277 E High St

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277 E High St

Lexington, KY 40507
Asking Price
$3.79M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building totaling 12,684 square feet of floor space.
  • Property is currently listed for sale at $3,790,000.
  • Located at 277 E High St within downtown Lexington Kentucky.
  • Central location provides proximity to major regional business hubs.
  • Asset profile suits professional services or corporate office use.

What's Special

Lexington serves as a primary economic hub in central Kentucky, benefiting from a diverse workforce and its position as a major educational and cultural center. Positioned at 277 E High St, this traditional office asset provides 12,684 square feet of functional space for business operations. Its location in the downtown district offers accessibility for local firms and professional service providers seeking a presence within the city core. The layout and scale of this property accommodate various office configurations, making it a viable selection for owner-occupiers or investors looking to establish a footprint in this growing market. Regional economic stability and the city's established infrastructure support long-term professional use, positioning this asset as a practical addition to an existing investment portfolio or as a central headquarters for a growing enterprise.

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NOI
$80,000
Cap Rate
2.11%
DSCR
0.36
Underwater
Cash-on-Cash
-12.75%
Monthly Payment
$18,750.852
Annual Cash Flow
$-145,010.225

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