Listing provided courtesy of Block + Lot Real Estate- MLS# 26010653MLS Provider

1040 Manchester StreetLexington, KY 40508

Commercial · 11,578 Sq. ft. | 0.80 Acres
$1,250,000 Contingent

1040 Manchester Street Overview

Time on Site:
48 days
Visits:
4

We are pleased to present this exceptionally updated and maintained Flex building located in the heart of the highly desirable Manchester Street corridor in Central Lexington. The building size at 11,578 SF on approximately 1 acre is very much in demand in this market, and consistently low in supply. As well, the division of office to warehouse is conducive to many business needs who can step right in and enjoy polished office space, cubicle rooms, multiple conference rooms, interior restrooms on each floor, copy room, and a warehouse space in the rear with loading dock access and lot accessibility that allows for large truck deliveries and pick ups. Other perks include two walk in coolers (455 SF and 375 SF), Kohler diesel back up generator that powers the entire building, 400 amp power, detached warehouse, and detached garage. The property also benefits from a central location in a highly desirable corridor that will appeal to a variety of flex users whether they are a local or regional business, benefiting from proximity to New Circle Road, Downtown Lexington, and interstate access. Additionally, extensive improvements from 2014 and optimal upkeep over the years signal a lack of deferred maintenance providing reassurance to buyers looking for a solid investment for their own preferred use accommodate the time and deal structure necessary for such a pursuit. -Constantly high in demand / low in supply offering -Light Industrial zoning (I-1) with Adaptive Reuse Zoning Overlay -Just under 1 acre with generous access and parking areas for delivery -Central Lexington Location just off Downtown in Lexington's booming Distillery District -Adaptive Reuse Zoning Overlay for added use flexibility -Close proximity to New Circle Road, Downtown, and Interstate access -This property is enrolled in Kentucky's Brownfield Program.

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1040 Manchester Street Facts & Features

  • Type Commercial
  • Sq. ft. 11,578
  • Price/Sq.ft. $108
  • Lot 0.80 Acres

Details

General

Building Information

  • Year Built: 1976

Business Information

  • Business Type: Industrial,Warehouse

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 001 - Fayette County NW
  • MLS Area Minor: 001 - Fayette County NW
  • Subdivision Name: Commercial

General Information

  • Parcel Number: 14101654
  • Property Sub Type: Industrial
  • Property Type: Commercial Sale
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 11578.0
  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: On Site,Paved

Lot Information

  • Lot Size Acres: 0.8
  • Lot Size Area: 0.8
  • Lot Size Square Feet: 34848.0
  • Lot Size Units: Acres
  • Number Of Buildings: 3

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block
  • Roof: Shingle

1040 Manchester Street Neighborhood

Community

40508 (Lexington) Demographics

23
Median Age
6,152
Population Density (per sq. mile)
41%
College Educated
$28,850
Estimated Median Income
2,697
Estimated Total Home Owners
6,918
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1040 Manchester Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1040 Manchester Street Market Data

Based on the last 30 days in this zip code

$374,690
Average List Price
$246
Average Price per Square Foot
13
Properties Sold
65
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

1040 Manchester Street History

Date Event Value Agent
5/12/2026Source: Imagine MLS/Bluegrass Added to Database
May 12, 2026