Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths

$159,000

1007 Franklin Avenue, Lexington MO, 64067

Price per sqftN/A
Built in1880
Property typeCommercial
Courtesy of Keller Williams Platinum Prtnr, Larry Thomas Listing Contact:

Overview

Active

Listed Sep 25, 2026

Updated 9 days ago

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!

Additional information

MLS® ID
2644124

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.06 Acres
MLS provider logo

Listings courtesy of Heartland MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Kenney Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 11:53 AM UTC on 10/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Heartland MLS. All rights reserved.

Powered by Luxury Presence