Listed price in listed location currency (USD).
$159,000

000

MLS® 2644124

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Business Opportunity
Size -
Garage 
Taxes $940
Days Active 11
Lot Size 2788 SF
Approx. Age 1880
MLS® Number 2644124

Property Address: 1007 Franklin Ave, Lexington, MO, 64067-1333

Average square foot calculated using Size range provided by listing agent.

Description

A Downtown Lexington Opportunity Full of Possibilities! If you're 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 property's 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!
MLS® Number2644124
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
Basement
DrivewayOn Street
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 25, 2026List Date
$159,000List Price
  • Commute

Commute

Starting Address
Destination Address
1007 Franklin Ave, Lexington, MO

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