$610,000 1951 North Broadway Lexington, KY

MLS: 1821623   Type: Commercial   County: Fayette   City: Lexington   Area: 001 - Fayette County Nw   Zip: 40505   Style: Hotel/Motel,Restaurant,Retail     Stories: 1

Mortgage $2,864 /mo



Half Baths

Sqr Footage









REDUCED.... to sell and Vacant. Occupied by Fazoli's for 20 years...recently remodeled and in good condition. All equipment and fixtures negotiable. Lot has enough room for an additional building up to 8000 square feet.

Elementary School

Middle School

High School

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Price History

9/18/2018 Listed $950,000
10/23/2018 3% - $925,000
4/5/2019 6% - $875,000
5/14/2019 5% - $839,500
7/9/2019 7% - $789,000
8/27/2019 7% - $739,000
4/13/2020 6% - $699,000
8/3/2020 8% - $649,000
11/9/2020 4% - $629,000
4/12/2021 4% - $610,000

Area 001 - Fayette County NW
Business Type Hotel/Motel, Restaurant, Retail
City Lexington
Construction Materials Aluminum Siding, Brick, Concrete, Glass, Other, Wood Siding
County Fayette
Directions North Broadway from downtown Lexington, property located on the left just prior to I-75/I-64 interchange
Listingmembername Lamar L Hight
Listingofficephone (859) 276-1981
Parking 56 or More Spaces, On Site, Paved
Possession Close of Escrow
Property Type C
Roof Flat, Membrane, Rubber
Sale/lease Includes Buildings, Equipment, Fixtures, Land
Sewer Public Sewer, Sanitary
Sprinklers None
Status Active
Street Name Broadway
Tax Rate 1.21
Tenant Pays Electricity, Exterior Maintenance, Gas, Insurance, Interior Maintenance, Sewer, Taxes, Trash Removal, Water
Terms Sale
Utilities Other, Telephone
Water Water Connected
Year Built 1968

Interior Features

Ceiling Dropped, Drywall, Open, Other, Tile
Floor Type Concrete, Other, Tile/Brick, Vinyl
Miscellaneous Features 100/200 Amp, Air Conditioning, Hot Water Heater, Other, Security Alarm
Stories One
Subdivision Commercial
Utilities: Natural Gas Natural Gas Connected

Exterior Features

Docks Other
Lot Size Acres 1.2500
Lot Size Square Feet 54450.05
Mls Identifier 20180201170722572567000000
Sewer Sewer Connected

Property Schools

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Gallery (19 photos)

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Property vs Zip Code Avg (40505)

Price 610K Avg 188K

Sqr Feet 2,800 Avg 4,260

Cost / Sqr Ft $218 Avg $44

Acres 1.25 Avg 0.74

Visits 245 Avg 87

Days on Site 1,044 Avg 275

Walkscore® 28 Avg 52

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: The Hight Company

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Location & Address

Keller Williams Greater Lexington
2700 Old Rosebud #250
Lexington, KY