426 Codell Drive, Lexington, KY 40509

Property Description

Two Story Office Building in Excellent Condition, approximately 1,824 SF per floor. Ground Floor Medical Fit up includes 5+ exam rooms with sinks and medical fit up, 2 restrooms, reception area, and certified'' compliant x-ray room- Owner occupied and Seller will vacate upon a sale which presents a great owner/occupant opportunity for a medical user, or the opportunity to lease the space out as an investment. Second Floor configured as two office suites, one of which is leased and is approx. 1,190 SF. Inquire with agent for lease information. Large basement, great for storage. Expansive Parking Lot with approximately 25 spaces. 2006 Appraisal available upon request, $600,000 valuation. Using a 3.75% interest rate, on a 20-year commercial loan with 20% down, the monthly mortgage would be under $2,700/Month. If you were to rent the medical suite for $17.00/SF, rent for that space alone would be appx. $2,500/Month. Three Tenant Building with two vacancies, inquire with Agent for details.