201 W Loudon Avenue, Lexington, KY 40508

$2,650,000
Property Type: Commercial Sale Square Footage: 83,222 Lot Size (sq. ft.): 255,262 Status: Closed
Current Price: $2,650,000 List Date: 12/12/2017 Last Modified: 9/03/2025

Overview

Description

83,222 Total SF on the main level, 65,305 SF warehouse space, 17,917 SF of office on the main level, 21,842 SF on second floor mezzanine not included in the sellable SF, 5.86 total acres, Zoned I-1 (Light Industrial), Class A pre-cast concrete construction, Skylights, 25′ clear height, 40′ x 40′ column spacing, Heavy 3 Phase power, 6 docks with automatic levelers, lights, and locks, 1 drive-in door, Wet sprinkler system, 142 parking spaces, Trailer parking available on additional land, Temperature controlled warehouse, Backup generator, Compressed air, 2 Freight elevators, Outside storage potential, Previously occupied by Hunter Manufacturing, originally constructed for IBM.

Listing Details MLS# 1726824

Listing Information

Property Sub Type
Industrial

Status Change Information

Price Change Timestamp
2018-06-18T14:09:35Z
Status Change Timestamp
2018-06-18
Purchase Contract Date
2018-05-01
Close Date
2018-06-14
Close Price
2650000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
n/a

Address

County
Fayette
Street Number
201
Street Direction Prefix
W
Street Name
Loudon
Street Suffix
Avenue
State
KY
Zip Code
40508

Contract

Original List Price
3295000
Start Showing Date
2017-12-12
Listing Contract Date
2017-12-12
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
SP/LP
0.8

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Commercial

Interior

Living Area
83222

More Information

Parking Information

Parking Total
56

Building

Year Built
1985

Lot

Lot Size Acres
5.86
Lot Size Square Feet
255261.83

Utilities

Cooling YN
Yes

Remarks

Public Remarks
83,222 Total SF on the main level, 65,305 SF warehouse space, 17,917 SF of office on the main level, 21,842 SF on second floor mezzanine not included in the sellable SF, 5.86 total acres, Zoned I-1 (Light Industrial), Class A pre-cast concrete construction, Skylights, 25′ clear height, 40′ x 40′ column spacing, Heavy 3 Phase power, 6 docks with automatic levelers, lights, and locks, 1 drive-in door, Wet sprinkler system, 142 parking spaces, Trailer parking available on additional land, Temperature controlled warehouse, Backup generator, Compressed air, 2 Freight elevators, Outside storage potential, Previously occupied by Hunter Manufacturing, originally constructed for IBM.

Building and Property Details

# of Dock Doors
6
# of Drive-in Doors
Yes
Maximum Ceiling Height
25
Warehouse SqFt
65305

Tax & Legal

Tax Rate
1.2174
Zoning Description
I-1
Directions
The subject property is situated at the corner of Russell Cave Road and W. Loudon Avenue with ease of access to Lexington's CBD, University of Kentucky via the Newtown Pike Extension, and the I-75/I-64 less than 2 miles from the site.

Special Listing Conditions

Standard
Yes

Building Features

Freight Elevator(s)
Yes

Business Type

Industrial
Yes
Warehouse
Yes

Docks

4-10 Docks
Yes

Electric

3 Phase
Yes

Property Features

Building Features: Freight Elevator(s) Business Type: Industrial; Warehouse Docks: 4-10 Docks Electric: 3 Phase Special Listing Conditions: Standard
Listing Office: Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.