160 Prosperous Place, Lexington, KY 40509

New Listing
$1,650,000
Property Type: Commercial Sale Square Footage: 6,840 Lot Size (sq. ft.): 24,829 Status: Active
Current Price: $1,650,000 List Date: 6/25/2026 Last Modified: 6/25/2026

Description

160 Prosperous Place is a two story medical office building with a full basement, consisting of approximately 6,840 square feet plus additional basement area. The building was completely renovated in 2021 and converted to its current medical office use, making it ideal for an owner/user or an investor seeking a modern, turnkey healthcare facility. The first floor features a reception and waiting area, two private offices, a nurses 'station/lab, seven exam rooms, and two procedure/xray rooms. The second floor offers multiple private offices, a conference room, a break room, and additional shell space suitable for future expansion or for buildout to generate additional rental income. The full basement is configured as partially finished office space with additional storage and is accessible via an overhead door, providing excellent flexibility for records, equipment, or ancillary services. Additional property features include a backup generator and sinks in four of the exam rooms.

Supplements: ********

More Information MLS# 26014906

Listing Information

Comp Sale YN: No Property Sub Type: Office

Address

Zip +4: 1863 Parcel Number: 19319000 County: Fayette Street Number: 160 Street Name: Prosperous Street Suffix: Place State: KY Zip Code: 40509

Contract

Start Showing Date: 2026-06-25 Listing Agreement: Exclusive Right To Sell Office Exclusive YN: No List Price/SqFt: 241.23 Current Price: $1,650,000 Original List Price: 1650000 Status: Active Listing Contract Date: 2026-06-25 List Price: $1,650,000

Tax & Legal

Tax Rate: 1.2638 Zoning: Other Zoning Description: P-1 - PROFESSIONAL OFFICE Directions: Traveling on Richmond Road toward downtown Lexington, turn right on Prosperous Place and property will be on your right.

Association/Community

Number Of Buildings: 1

Interior

Living Area Units: Square Feet Building Area Total: 6840 Building Area Source: Plans Building Area Units: Square Feet

Building

Basement YN: Yes Stories Total: 2 Accessibility Features YN: No Year Built: 1995

Lot

Lot Size Acres: 0.57 Lot Size Square Feet: 24829.2

Utilities

Cooling YN: Yes

Remarks

Public Remarks: 160 Prosperous Place is a two story medical office building with a full basement, consisting of approximately 6,840 square feet plus additional basement area. The building was completely renovated in 2021 and converted to its current medical office use, making it ideal for an owner/user or an investor seeking a modern, turnkey healthcare facility. The first floor features a reception and waiting area, two private offices, a nurses 'station/lab, seven exam rooms, and two procedure/xray rooms. The second floor offers multiple private offices, a conference room, a break room, and additional shell space suitable for future expansion or for buildout to generate additional rental income. The full basement is configured as partially finished office space with additional storage and is accessible via an overhead door, providing excellent flexibility for records, equipment, or ancillary services. Additional property features include a backup generator and sinks in four of the exam rooms.

Basement

Partially Finished: 1 Walk-Out Access: 1 Walk-Up Access: 1

Cooling

Electric: 1

Parking Features

On Site: 1 Paved: 1

Possession

Close Of Escrow: 1

Security Features

Fire Sprinkler System: 1

Water Heater

Water Heater: 1

Building and Property Details

# of Drive-in Doors: 1 Usable SqFt: 6840

Business Type

Professional/Office: 1

Docks

Other: 1

Sale Includes

Building(s): 1 Easements: 1 Land: 1 Other: 1

Showing Requirements

Call Listing Agent: 1

Documents

Survey: 1

Status Change Information

Status Change Timestamp: 2026-06-25

Tax Legal

MLS Area Major: 003 - Fayette County SE Subdivision Name: Commercial

Property Features

Basement: Partially Finished; Walk-Out Access; Walk-Up Access Business Type: Professional/Office Cooling: Electric Docks: Other Parking Features: On Site; Paved Possession: Close Of Escrow Sale Includes: Building(s); Easements; Land; Other Security Features: Fire Sprinkler System Water Heater: Water Heater Showing Requirements: Call Listing Agent Documents: Survey
Listing Office: Keller Williams Commonwealth
Last Updated: June - 25 - 2026
Information deemed reliable but not guaranteed.