1390 Olivia Lane, Lexington, KY 40511
$2,000,000
Property Type:
Commercial Sale
Square Footage:
20,787
Lot Size (sq. ft.):
75,794
Status:
Closed
Current Price:
$2,000,000
List Date:
11/09/2017
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1725008
Listing Information
- Property Sub Type
- Office
Status Change Information
- Price Change Timestamp
- 2018-09-27T13:55:07Z
- Status Change Timestamp
- 2018-09-27
- Purchase Contract Date
- 2018-08-01
- Close Date
- 2018-09-25
- Close Price
- 2000000
- Buyer Financing
- Cash
- Sale Type
- Arms Length Sale
- Concessions Comments
- n/a
Address
- County
- Fayette
- Street Number
- 1390
- Street Name
- Olivia
- Street Suffix
- Lane
- State
- KY
- Zip Code
- 40511
Contract
- Original List Price
- 2200000
- Start Showing Date
- 2017-11-09
- Listing Contract Date
- 2017-11-09
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 105.84
- Sold Price/SqFt
- 96.21
- SP/LP
- 0.91
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- Commercial
Interior
- Living Area
- 20787
- Building Area Total
- 20787
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 1974
- Stories Total
- 2
- Leasable Area
- 15364
Lot
- Lot Size Acres
- 1.74
- Lot Size Square Feet
- 75794.47
Remarks
- Public Remarks
- The Better Business Bureau Building is a two-story 20,787 SF brick/steel/concrete construction office building, with a pitched shingle roof, wet sprinkler system, Bates Security System, monument/directory signage, and several recent capital improvements including: new entrance to parking lot, two new bathrooms, new elevator, new outdoor lighting, parking lot re-sealed/striped, and new landscaping. Situated on 1.74 acres, tenants enjoy a 109 space parking lot (5.24/1,000 SF parking ratio), and have access to the building 24/7 with key and alarm code, as well as access to a shared board/conference room. The available spaces can be combined or divided to accommodate perspective tenants space needs. There is a 787 SF enclosed, climate controlled patio that is not included in the total SF, that is an additional amenity to the building.
Tax & Legal
- Tax Rate
- 1.2174
- Zoning Description
- P-1
- Directions
- Located on Olivia Lane, off of Newtown Pike across from The University of Kentucky Coldstream Research Campus, with excellent access to Downtown Lexington, New Circle Road, and I-75/I-64.
Construction Materials
- Brick
- Yes
- Concrete
- Yes
- Steel Frame
- Yes
Roof
- Shingle
- Yes
Security Features
- Fire Sprinkler System
- Yes
Special Listing Conditions
- Standard
- Yes
Building Features
- Elevator(s)
- Yes
Business Type
- Professional/Office
- Yes
Property Features
Building Features:
Elevator(s)
Business Type:
Professional/Office
Construction Materials:
Brick; Concrete; Steel Frame
Roof:
Shingle
Security Features:
Fire Sprinkler System
Special Listing Conditions:
Standard
Listing Office:
Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
