1001-1007 Elizabeth Street, Nicholasville, KY 40356

$2,399,000
Property Type: Commercial Sale Square Footage: 8,576 Lot Size (sq. ft.): 108,900 Status: Active
Current Price: $2,399,000 List Date: 2/02/2026 Last Modified: 2/02/2026

Overview

Description

High visibly, stabalized asset. Located on US 27 at a signalized intersection. Gas Station, C-Store, two restaurants (one currently under lease), & an additional building being used as auto detailing. New roof on entire building and carwash building. New branded dispensers and canopy trim. New underground fuel piping and system. Most HVAC and refrigeration and cooling units have been replaced in the past 2 years. Additional income opportunity with Marquee Billboard and two additional spaces inside building, possible small gaming room, or check cashing, or food concept. Amazing redevelopment opportunity if one choses due to large lot size and location. Fuel incentive/Branding contract to the next owner included.

Listing Details MLS# 26002019

Listing Information

Comp Sale YN
No
Property Sub Type
Retail

Status Change Information

Status Change Timestamp
2026-02-02

Address

County
Jessamine
Street Number
1001-1007
Street Name
Elizabeth
Street Suffix
Street
State
KY
Zip Code
40356
Parcel Number
056-00-00-005.24

Contract

Original List Price
2399000
Start Showing Date
2026-02-02
Listing Contract Date
2026-02-02
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
279.73

Tax Legal

MLS Area Major
009 - Jessamine County
Subdivision Name
Commercial

Interior

Living Area Units
Square Feet
Building Area Total
8576
Building Area Source
Owner
Building Area Units
Square Feet

More Information

Parking Information

Parking Total
20

Building

Year Built
1996
Accessibility Features YN
Yes

Lot

Lot Size Acres
2.5
Lot Size Square Feet
108900

Remarks

Public Remarks
High visibly, stabalized asset. Located on US 27 at a signalized intersection. Gas Station, C-Store, two restaurants (one currently under lease), & an additional building being used as auto detailing. New roof on entire building and carwash building. New branded dispensers and canopy trim. New underground fuel piping and system. Most HVAC and refrigeration and cooling units have been replaced in the past 2 years. Additional income opportunity with Marquee Billboard and two additional spaces inside building, possible small gaming room, or check cashing, or food concept. Amazing redevelopment opportunity if one choses due to large lot size and location. Fuel incentive/Branding contract to the next owner included.

Showing Information

Showing Instructions
Call listing agent. Qualified Buyers only. P&L will be shared upon review of financing and signature of NDA. Call Chris Mitchell for showings 859-321-2898

Tax & Legal

Tax Rate
1.248
Zoning
Other
Zoning Description
B-1
Directions
Outbound 27S towards Nicholasville. Elizabeth Street is on your right, just about across from Toyota Nicholasville.

Association/Community

Number Of Buildings
2

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Construction Materials

Block
Yes
Brick
Yes
Glass
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

Paved
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Roof

Membrane
Yes

Sewer

Public Sewer
Yes

Building Features

Concrete Floor
Yes

Business Type

Commercial
Yes
Restaurant
Yes
Retail
Yes

Ceiling

Dropped
Yes

Docks

None
Yes

Electric

100 Amp Service
Yes
200+ Amp Service
Yes

Existing Lease Type

NNN
Yes
Other
Yes

Sale Includes

Building(s)
Yes
Equipment
Yes
Leases
Yes
Options
Yes

Tenant Pays

Common Area Maintenance
Yes
Electricity
Yes
Exterior Maintenance
Yes
Gas
Yes
Insurance
Yes
Interior Maintenance
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Building Features: Concrete Floor Business Type: Commercial; Restaurant; Retail Ceiling: Dropped Construction Materials: Block; Brick; Glass Docks: None Electric: 100 Amp Service; 200+ Amp Service Existing Lease Type: NNN; Other Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: Paved Possession: Close Of Escrow; Subject To Tenant Rights Roof: Membrane Sale Includes: Building(s); Equipment; Leases; Options Sewer: Public Sewer Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Sewer; Trash Collection; Water Showing Requirements: Call Listing Agent
Listing Office: Bluegrass Sotheby's International Realty
Last Updated: February - 02 - 2026
Information deemed reliable but not guaranteed.