1413 Versailles Road, Lexington, KY 40504

$985,000
Property Type: Commercial Sale Square Footage: 10,016 Lot Size (sq. ft.): 32,670 Status: Closed
Current Price: $985,000 List Date: 1/04/2024 Last Modified: 9/03/2025

Overview

Description

Excellent opportunity to purchase a 10,816 SF warehouse property located on one of Lexington's most traveled corridors. This property is ready for a new owner to put on their own personal touch. Zoned B-1 and located on a 0.75-acre corner lot on Versailles Road, this property boasts excellent visibility with multiple points of egress, 800 SF of office space, an 800 SF efficiency apartment, and an 8,416 SF warehouse space. There are three drive-in doors and one dock door. The property also offers a fenced yard area for secure outdoor storage. The side lot offers ample parking or the ability to add additional square footage. Property Highlights: - Located on Versailles Rd. with 25,278 ADT - 8,416 SF warehouse - 0.75 acres - High visibility

Listing Details MLS# 24000176

Listing Information

Comp Sale YN
No
Property Sub Type
Industrial

Status Change Information

Status Change Timestamp
2024-03-01
Purchase Contract Date
2024-01-06
Close Date
2024-02-29
Close Price
985000
Buyer Financing
Cash
Sale Type
Arms Length Sale

Address

County
Fayette
Street Number
1413
Street Name
Versailles
Street Suffix
Road
State
KY
Zip Code
40504
Parcel Number
23498600

Contract

Original List Price
1100000
Start Showing Date
2024-01-03
Listing Contract Date
2024-01-03
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
109.82
Sold Price/SqFt
98.34
SP/LP
0.9

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Commercial

Interior

Living Area
10016
Building Area Total
10016

More Information

Building

Year Built
1946

Lot

Lot Size Acres
0.75
Lot Size Square Feet
32670

Remarks

Public Remarks
Excellent opportunity to purchase a 10,816 SF warehouse property located on one of Lexington's most traveled corridors. This property is ready for a new owner to put on their own personal touch. Zoned B-1 and located on a 0.75-acre corner lot on Versailles Road, this property boasts excellent visibility with multiple points of egress, 800 SF of office space, an 800 SF efficiency apartment, and an 8,416 SF warehouse space. There are three drive-in doors and one dock door. The property also offers a fenced yard area for secure outdoor storage. The side lot offers ample parking or the ability to add additional square footage. Property Highlights: - Located on Versailles Rd. with 25,278 ADT - 8,416 SF warehouse - 0.75 acres - High visibility

Building and Property Details

Building Expansion Potential YN
Yes
# of Dock Doors
Yes
# of Drive-in Doors
3
Warehouse SqFt
8416

Showing Information

Showing Instructions
Please contact agent to show: Adam Boardman at adam@balrealestate.com.

Tax & Legal

Tax Rate
1.2643
Zoning Description
B-1
Directions
Locate don the corner of Versailles Road and Halls Lane on the right side outbound, just minutes from Downtown Lexington.

Association/Community

Number Of Buildings
1

Parking Features

On Site
Yes

Special Listing Conditions

Standard
Yes

Business Type

Industrial
Yes

Docks

1-3 Docks
Yes

Sale Includes

Building(s)
Yes

Property Features

Business Type: Industrial Docks: 1-3 Docks Parking Features: On Site Sale Includes: Building(s) Special Listing Conditions: Standard
Listing Office: Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.