5023 Old Versailles Road Pending

Lexington,KY 40510

$ 159000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Subdivision Versailles Rd

MLS Listing ID 24024245

Year Built 1834

Lot Size 0.350 Acres

Property Sub-Type Single Family Residence

Property Description

On the market for the first time in 65 years, the O'Neal-Graves Tavern is one of the only surviving buildings of its kind in Central Kentucky. A former stagecoach inn that served travellers in the mid-nineteenth century, its significant history is well-documented. The building is also listed on the National Register as a notable example of stone architecture. This designation does not impose any restrictions, but it does enable the owner to claim generous federal and state historic tax credits following a certified rehabilitation.

Consisting of two levels with separate entries and a finished attic, the building feasibly could be configured into at least two units. Historic features abound on the interior and will transport you back to the days of early Kentucky. The large lot also offers the possibility of a rear extension. As the parcel is currently zoned B-1, short-term rentals would be permitted. The Blue Grass Airport and the Keeneland Race Course are conveniently situated nearby.

Don't miss out on this rare investment opportunity!

Location

State KY

County Fayette

Interior

Heating None

Cooling None

Flooring Hardwood

Exterior

Waterfront Description No

View Y/N Y

View Other

Building

Story Two

Foundation Slab

Sewer None

Schools

Elementary Schools Rosa Parks

Middle Schools Beaumont

High Schools Dunbar

School District Fayette County - 1

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