WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Online Auction – Heart of Lexington Retail-1 Block from Rupp Arena
Rare Downtown Lexington Retail Location at Signalized Intersection
High Traffic Location at W. Main & Jefferson St. just 1-Block from Rupp Arena & the Lexington Convention Center!
2 minute walk to Rupp, Convention Center, Mary Todd Lincoln House, Towne Branch Park and Everything Vibrant Downtown Lexington has to Offer!
Extremely Rare Opportunity for Investment, Retail Location, Newest Tavern, Stylish Restaurant with Deeded Parking, Dual Entrances/Exits, Renovated Interior and Exterior
First Floor Retail, Front and Side Entrance, Upstairs Residential for Air BNB or Conversion to Office, Retail or Market Rent Apartments
New Town Branch Park (a $39 Million Investment) is merely Yards Away from the Premier Commercial/Retail Property - www.townbranchpark.org
Fantastic Location for the Coolest New Boutique Gallery - Nightspot – Dining Locale or Retail Venue!!
Significant Improvements, First Floor Apartment, Second Floor Apartment/Office, Paved Parking with 2 Street & Alleyway Access – Rear Patio Area
Zoning is B-2B Downtown Center Business – Numerous Allowable Uses
Ownership Dissolution through Mediated Settlement Order for Directed Immediate Sale of Assets
Vital Statistics: 4,294 +/- SF Above Grade – 1,831 +/- SF Basement – Brick Exterior – Central HVAC throughout – 17,424 +/- SF Land incl. Asphalt Parking Lot – All Utilities to Site – Multiple Access Points – Membrane Roof (Note: All Dimensions and Sizes are from Fayette Co. PVA-Buyer is Required to Verify)
Title Commitment Available – Selling Free and Clear – Insurable Title
Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed
Brokers Protected & Buyer Agents Welcome – 2% Buyer Agent Fee Offered
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com
10% Buyer's Premium and other terms apply
Online bidding ends November 19th at 3:00 pm ET
Inspection: November 12th at 12:00pm ET
Property Address: 601 & 605 West Main Street, Lexington, Kentucky 40508
#tranzon #auction #onlineauction #realestate #realestateauction
