For Sale
$114,900

1021 Franklin Ave Lexington, MO 64067

Historic Downtown Lexington Office with Loft

Overview

Added:
Dec 11, 2024
Days on market:
132
This charming two-story brick building, constructed in 1880, presents a unique investment opportunity in Lexington, Missouri's vibrant business district. Located at 1021 Franklin Avenue, this property boasts a 2,240 square foot lot and offers a versatile floor plan. The main level features a welcoming open foyer, a reception area perfect for client interaction, a dedicated conference room for meetings, a convenient half bath, a private back office for focused work, and a small break room for employee convenience. Upstairs, a charming loft apartment provides additional income potential. This residential space includes one to two bedrooms (configuration adaptable), a full bathroom, a dining room, a fully equipped kitchen, and a remarkable rooftop patio offering stunning views of downtown Lexington. Enjoy breathtaking sunrises and sunsets from this private outdoor space. While the main floor office space is currently vacant, the loft apartment is occupied, providing immediate rental income. This property is zoned for commercial use and offers a blend of commercial and residential potential in a highly desirable location. The property's historic character combined with its modern amenities makes it an exceptional investment opportunity. The address is 1021 Franklin Avenue, Lexington, MO 64067.

Highlights

  • Historic 1880 brick building offering a unique investment opportunity in Lexington, MO's business district.
  • 2,240 square foot lot at 1021 Franklin Avenue.
  • Main level features open foyer, reception area, conference room, half bath, private office, and break room.
  • Upstairs loft apartment (1-2 bedrooms, adaptable) with full bath, dining room, kitchen, and rooftop patio provides additional income.
  • Currently, the loft apartment is occupied, generating immediate rental income; main floor office space is vacant.
  • Zoned for commercial use, blending commercial and residential potential.

Property Details for 1021 Franklin Ave

Property type
Office properties
Year Built
1880
Stories
2

Location Insight

City
Lexington
County
Lafayette
State
Missouri
Latitude
39.1842809
Longitude
-93.882693

FAQs

What type of property is this?
Office property - Historic Downtown Lexington Office with Loft
Where is the office property located?
The property is located at 1021 Franklin Ave Lexington, MO.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Historic 1880 brick building offering a unique investment opportunity in Lexington, MO's business district.; 2,240 square foot lot at 1021 Franklin Avenue.; Main level features open foyer, reception area, conference room, half bath, private office, and break room.
How can I contact the broker?
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1021 Franklin Ave
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