203 Lisle Industrial Avenue, Lexington, KY 40511

$2,000,000
Property Type: Commercial Sale Square Footage: 98,000 Lot Size (sq. ft.): 354,143 Status: Closed
Current Price: $2,000,000 List Date: 6/21/2016 Last Modified: 9/03/2025

Overview

Description

For sale is this functional 98,000+/- s/f warehouse zoned for industrial use sitting on 5.65 acres. Great regional location w/close access to interstate (I-75, 5.6 mi) and to commercial air (Bluegrass Airport, 6.1 mi). Building is highly functional featuring 9 dock doors & 7 drive-in doors. Tremendous property & location for nearly any industrial application. Excellent investment opportunity.

Listing Details MLS# 1613489

Listing Information

Property Sub Type
Industrial

Status Change Information

Price Change Timestamp
2017-09-02T13:04:34Z
Status Change Timestamp
2017-09-02
Purchase Contract Date
2017-01-23
Close Date
2017-08-25
Close Price
2000000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
203
Street Name
Lisle Industrial
Street Suffix
Avenue
Street Suffix Modifier
205
State
KY
Zip Code
40511

Contract

Original List Price
2500000
Start Showing Date
2016-06-21
Listing Contract Date
2016-06-21
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
25.51
Sold Price/SqFt
20.41
SP/LP
0.8

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Interior

Building Area Total
98000

More Information

Building

Basement YN
Yes
Year Built
1954
Stories Total
Yes
Leasable Area
98000

Lot

Lot Size Acres
8.13
Lot Size Square Feet
354143.13

Utilities

Cooling YN
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Water Available
Yes

Remarks

Public Remarks
For sale is this functional 98,000+/- s/f warehouse zoned for industrial use sitting on 5.65 acres. Great regional location w/close access to interstate (I-75, 5.6 mi) and to commercial air (Bluegrass Airport, 6.1 mi). Building is highly functional featuring 9 dock doors & 7 drive-in doors. Tremendous property & location for nearly any industrial application. Excellent investment opportunity.

Building and Property Details

Building Expansion Potential YN
Yes
Lot Expansion Potential YN
Yes
Railroad Siding YN
No
# of Dock Doors
9
# of Drive-in Doors
7
Maximum Ceiling Height
20
Usable SqFt
98000
Warehouse SqFt
98000

Showing Information

Showing Instructions
Please call listing agent Stephen Howard at 859.333.1000.

Tax & Legal

Tax Rate
1.0547
Zoning Description
I-2
Directions
From Leestown Road, turn directly onto Lisle Industrial Avenue and the property is on your right.

Association/Community

Number Of Buildings
1

Construction Materials

Block
Yes
Concrete
Yes
Steel Frame
Yes

Listing Terms

Lease Option
Yes

Parking Features

Enclosed
Yes
On Site
Yes
Paved
Yes

Possession

Negotiable
Yes

Roof

Flat
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Water Heater
Yes

Building Features

Concrete Floor
Yes
Freight Elevator(s)
Yes

Business Type

Industrial
Yes
Warehouse
Yes

Ceiling

Open
Yes

Docks

1-3 Docks
Yes

Existing Lease Type

NNN
Yes

Sale Includes

Building(s)
Yes
Equipment
Yes
Land
Yes

Tenant Pays

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

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Water Available Building Features: Concrete Floor; Freight Elevator(s) Business Type: Industrial; Warehouse Ceiling: Open Construction Materials: Block; Concrete; Steel Frame Docks: 1-3 Docks Existing Lease Type: NNN Listing Terms: Lease Option Parking Features: Enclosed; On Site; Paved Possession: Negotiable Roof: Flat Sale Includes: Building(s); Equipment; Land Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Trash Collection; Water Water Heater: Water Heater
Listing Office: Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.