131 Cheapside, Lexington, KY 40507 Property Records

Lexington-Fayette Urban County property record for 131 Cheapside, Lexington, KY 40507

Property Summary

Property TypeRestaurant
Details5,140 sqft · built 1905
Lot Size0.11 acres (4,792 sqft)
OwnerCompany Name on File
Last Sale$145,000 (Feb 2023)
Tax Bill$22,676 (2026)
APN11827100

Property Details

APN / Parcel Number

Primary APN11827100

Interior

Stories3 Stories
Building Area5,140 sqft Total Area
Basement Area1,326 sqft
Unfinished Basement1,326 sqft

Exterior

Year BuiltBuilt 1905
Effective Year BuiltEffective 1905
Exterior MaterialBrick Veneer
Lot Area4,792 sqft (0.11 acres)
Lot Width24.5 ft Width

Utilities, Heating & Cooling

Cooling SystemWindow A/C

Location & Zoning

Street Address131 CHEAPSIDE
CityLEXINGTON
StateKY
Zip40507-1303
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Local Zoning CodeB-2B
Legal DescriptionA-668A ANDERSON & CARE PROPERTY LOT; BOOK: 2652 PAGE: 564
Legal SubdivisionANDERSON & CARE PROPERTY
JurisdictionFAYETTE KY
Township / Civil DivisionLEXINGTON-FAYETTE CENTRAL
Census Block Group1
Census Block1022
Census Tract101

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Downtown Commercial District
listed 1983 · 71 contributing resources · NRIS 83000559

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

131 Cheapside, a commercial property, is owned by a company that bought it in February 2023.

Source: Lexington-Fayette Urban County records, as of October 20, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing Address200 PORTA VERDE, NICHOLASVILLE, KY 40356-9419
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 10, 2023 · Amount on File
Deed SaleFeb 10, 2023 · Amount on File
Prior SaleFeb 10, 2023 · Amount on File
Deed Document Number202396
Deed Book / Page4001 / 622
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2026 property tax bill for 131 Cheapside was $22,676, up 1.9% from the year before.

Source: Lexington-Fayette Urban County assessment roll, as of November 11, 2025

Property Jurisdictions

TypeName
StateKentucky
County / MunicipalityLexington-Fayette Urban County
Unified School DistrictFayette County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$22,676.00 (+1.88%)$1,800,000 (-)$1,800,000 (-)
2025$22,258.00$1,800,000$1,800,000
2023$22,258.00$1,800,000$1,800,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 131 Cheapside; there have been 2 flood claims nearby since 1991.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Nearby Flood Claims2 (1991–1992)
Claims Outside the SFHA2 of 2
Most Recent ClaimJun 1992 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 131 Cheapside has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemKENTUCKY-AMERICAN WATER CO
private · serves 669,042 people · EPA ID KY0340250
Water SourceSurface water
Last State InspectionJun 2023
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 305 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
Windstream
Fiber · DSL
2,000 / 2,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
AT&T
Fixed Wireless
100 / 20

May also be available: T-Mobile, Verizon.

Nearby Properties on Cheapside

Nearby Streets

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