Prime 24-Unit Assisted Living or Apartment Opportunity
319 Duke Rd
Lexington, KY 40502
Highlights
- 24 one-bedroom street facing, courtyard facing, or corner rooms
- Unit sizes 560-580 SF
- Lodge-style clubhouse and common areas with high-quality finishes
- Resident lounge and main dining area with full commercial kitchen
- Basement level with space for fitness and recreation
- Large enclosed courtyard and garden area for residents’ enjoyment
- Administrative offices and private meeting areas
- FF&E; included, offering a turnkey operational setup
- Parking: 24 spaces
- Generator, elevator, sprinklers installed
Description
Welcome to a rare, high-end residential or care facility opportunity in one of Lexington’s most desirable and walkable neighborhoods. Built in 2020 and nestled within the charming Chevy Chase area, this 24-unit, 23,216 SF property combines modern construction, thoughtful design, and exceptional flexibility. Originally designed and certified for assisted living, the layout and finishes also make it ideal for boutique apartments, medical housing, or other residential care uses.
Located just two miles from downtown Lexington and the University of Kentucky, residents enjoy quiet tree-lined streets, easy access to neighborhood shops, and a strong sense of community.
This property represents a turnkey Class-A opportunity for operators or investors seeking flexibility—whether as a senior housing facility, rehabilitation or behavioral health residence, or luxury multifamily community. Its modern construction, thoughtful layout, and premier location make it one of Lexington’s most adaptable and compelling offerings.
As part of the transaction, the seller may consider a short- term leaseback while the buyer implements their business plan. Please inquire with agent for more details.
Situated in Lexington’s historic Chevy Chase, known for walkability and charm
Close to local amenities such as barber shops, pharmacies, cafés, and restaurants
High Walk Score neighborhood offering safety, convenience, and lifestyle appeal
Less than 1 mile west of the University of Kentucky campus
2 miles to downtown Lexington and major healthcare providers
