About This Home

This 0-bedroom, 0-bathroom commercial at 163 N Ashland Avenue in Lexington, KY is listed for $3,200,000 ($60 per sqft). Built in 1976, the home offers 52,931 sqft of living space on a 1.97 acres lot.

Key Features

  • Built in 1976
  • 1.97 acre lot
  • 71 parking spaces

Property Details

71 spaces
1976
Listing 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

Monthly Cost Estimate

$17,114/mo

20% down · 6.5% · 30 years

Principal$2,314
Interest$13,867
Insurance$933

Estimates only. Actual payments may vary.

Location

163 N Ashland Avenue

Lexington, KY 40502

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 163 N Ashland Avenue is listed at $3,200,000 ($60/sqft). The estimated monthly payment is $17,114 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 1.97 acre lot, 71 parking spaces.

This property is listed by Adam Boardman.

AB

Adam Boardman

Agent at Block + Lot Real Estate

Listed by Block + Lot Real Estate · Broker phone: 3090099

MLS# 26027495· Source: ImagineMLS· 27 days on PropertySimple

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

163 N Ashland Avenue, Lexington, KY 40502

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