Prime Class A Commercial Condos - Near Rupp Arena Lexington, KY

Prime Class A Commercial Condos – Near Rupp Arena

•  Exclusive Downtown Location in the Booming Historic Old Tarr Distillery District!
•  Premier Location just a 4-minute walk to Rupp Arena and Everything Vibrant Downtown Lexington has to Offer!
•  Incredible Location!! Neighboring Landmark Properties include The Manchester Hotel & Manchester Music Hall Concert Venue!
•  Lexington’s Towne Branch Park ($39M Construction) will be only 100 yards away!
• Check out this Amazing New Downtown Venue on your Doorstep! www.townbranchpark.org
•  Fantastic Location for the Coolest New Brewery – Boutique Distillery – Brew Pub  Restaurant-Nightspot - Gallery or Fabulous Entertainment Venue!! 
• Currently Operating as Premier Private Event & Catering Center & Speak-Easy Lounge, with one of the Largest Commercial Kitchens & CBD Production in Central Kentucky
• Luxuriously Appointed Interiors with Refined Lighting, Themed Ballroom, Two Full-Service Bars, Private Rooms and Open Floor Plan creates Flexibility for Variety of Uses.
• Multiple Access Points are Perfectly Suited for Multiple Tenants or Owner-User and Tenants in this Voguish Open Designed Location – Buy One Unit or Both!
• Ownership of Both Suites entitles Purchaser to Retain 51% Control of Condominium Shares
• Opening Soon Mexican Themed La Mazunte Bodega and La Brasa Right Next Door!
• Zoning is I-1 (Light Industrial) with Commercial, Light Manufacturing, Business & Other  Uses Permitted
• Exceptionally Large Commercial Kitchen with Ability to Convert Space for Manufacturing, Hospitality or Commercial Functions
• Appraised for $3,450,000 in November 2023 – Appraisal Available w/signed NDA
• Owners Retiring from Event Center & Catering Business – Equipment Package Offered Separately
• Each Unit Will Be Offered Individually and in Combination of Both Units
• Square Footage: Unit 110 (10,970 +/-), Unit 190 (10,865 +/-), Total (21,835 +/-) – per recorded plat
• Title Commitment Available – Selling Free and Clear – Clear Title Guaranteed
• Survey, Appraisal, Environmental Site Assessment & Condominium Docs available

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Kelly Toney, CAI

Kelly Toney, CAI: Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
• Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
• Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.