Mike Abbott

1007 Franklin Avenue, Lexington, MO 64067

$159,000.00
  • 1007 Franklin Avenue, Lexington, MO 64067 Main Photo

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Active
MLS#2644124
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

A Downtown Lexington Opportunity Full of Possibilities! If youre looking for a property that offers character, flexibility, and the potential for multiple income streams, take a closer look at 1007 Franklin Avenue. This distinctive two-story, approximately 2,400 sq ft commercial building is located in the heart of Downtown Lexington and is ready for its next chapter.Formerly home to a restaurant, the main level offers a flexible layout with plenty of potential for a restaurant, retail shop, professional office, event space, or a business of your own. The existing kitchen setup, including an exhaust hood, gives the space a head start for a future food-service concept.Upstairs, the second-floor apartment opens the door to additional possibilities: generate rental income, create an owner-occupied space, or incorporate it into your overall business plan. Add in basement storage with a walkout, and you have even more functional space to work with.A newer AC system adds to the propertys appeal. At the same time, the combination of commercial space, an apartment, basement storage, and a prime downtown location creates an opportunity to explore multiple income streams under one roof.Whether you have a business dream, an investment strategy, or simply a vision for breathing new life into a downtown property, 1007 Franklin Avenue is ready for its next opportunity. Bring your ideas and see what you can create in the heart of historic Lexington!

Property Features

Property Type: Commercial - Investment
Lot Size: 0.06 Acres
Stories: 2.0
Year Built: 1880

Feature Descriptions

Current Use: Restaurant
Days on Site: 42
Flood Plain: No
In City Limits: Yes
Location: City Location, End Unit
Lot Dimensions: 20x140
Parking: On Street
Raod Frontage: City Street
Road Responsibility: Public Maintenance
Sale Includes: Building Only
Utilities: Service - 220v, Water Available

Listed By / Shown By

Listed By

Agency Name: Keller Williams Platinum Prtnr
Agency Phone: 816-525-7000

Shown By

Agent Name: Mike Abbott Broker/Owner
Agent Phone: (816) 797-2726

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