Clint Graves - Elite Realty Logo
$3,200,000
( $60.46Per Sq Foot )
 $17,178 est/mo Sourced by Back At You

163 N Ashland Avenue,Lexington, KY 40502

Lexington, KY 40502

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Description

Listing Includes: 151 N. Ashland Ave, 155 N. Ashland Ave, 163 N. Ashland Ave, 713 Franklin Ave., & 724 Hambrick Ave. A rarely available five-property portfolio in one of Lexington's most walkable, in-demand east-side neighborhoods. The centerpiece is the historic church campus at 163 N. Ashland Avenue, a 49,095 SF facility whose sanctuary seats approximately 1,100. The offering also includes two houses and two parking lots, giving a buyer both immediate ministry use and long-term land assemblage in a neighborhood where large sites almost never trade. Turnkey church relocation. Congregations priced out of new construction can step into a full campus-worship, education, offices, and off-street parking-on North Ashland Avenue, next to Ashland Elementary and Temple Adath Israel, and a short walk to Chevy Chase shops, restaurants, and UK. Redevelopment assemblage. Planning around single-family infill, luxury townhomes, or multifamily, subject to zoning, overlays, and neighborhood review. In Chevy Chase / Kenwick / Ashland Park and Bell Court, that kind of assembled frontage is uncommon. This is a large institutional footprint inside a mature, high-demand residential fabric-the kind of listing that typically never hits the open market. Property Highlights: -Five total properties totaling 52,931 SF and 1.97 AC -R-1D Zone for potential single family or multifamily redevelopment -Located just minutes from Downtown Lexington in the highly-desirable Chevy Chase and Bell Court neighborhood, just off of Richmond Road -71 total parking spaces with additional on-street parking

Details

MLS #26027495
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1976
Days On Site14
Listing Provided ByBlock + Lot Homes | Adam Boardman

Features

SQ Feet52,931
Building(s)5
ZoningOther
Acreage1.97

Parking

Attached Garage Yes / NoNo
Parking FeaturesOn Site, Paved

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40502
Area002 Fayette County NE
SubareaFayette County NE
Listing VS Median (in 40502)
Price:
$3,200,000
low | high
Med:
$630,000
100% of Average
sqft:
52,931
low | high
Med:
2,149
100% of Average
$ / sqft:
$60
low | high
Med:
$294
100% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 40502

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Learn More About This Property

Clint Graves

Clint Graves

Elite Realty

 (270) 703-4359clintgraves45@gmail.com
StateKY
CountyFayette
CityLexington
Zip Code40502
Area002 Fayette County NE
SubareaFayette County NE
Listing VS Median (in 40502)
Price:
$3,200,000
low | high
Med:
$630,000
100% of Average
sqft:
52,931
low | high
Med:
2,149
100% of Average
$ / sqft:
$60
low | high
Med:
$294
100% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You
Listing Updated: October 13, 2026 at 2:43:53 AM PDT

Clint Graves - Elite Realty