210 Malabu Drive, Lexington, KY 40502

$2,050,000
Property Type: Commercial Sale Square Footage: 21,215 Lot Size (sq. ft.): 71,003 Status: Closed
Current Price: $2,050,000 List Date: 3/25/2024 Last Modified: 1/22/2026

Overview

Description

On behalf of Creech & Stafford Property Group, Inc., Block+Lot is pleased to take 210 Malabu Drive to market for sale. The building features: - 21,215 rentable square feet, two-story, free-standing office building - Built in 1975 - 1.63 Acres (per PVA) - Fall away lot - Steel/Masonry construction - Wet sprinkler system - P-1 Zoning - +/- 95 parking spaces - Monument/Building signage - Four varying sized office suites, as well as in-place income on a portion lower level ideal for an owner/occupant with value-add potential. Property Highlights: - Located off of Nicholasville Rd. inside of New Circle Rd. - Great parking with multiple points of ingress/egress - In-place income with value-add potential for Owner/Occupant - Newly sealed and striped parking lot - Well-managed for the last 15 years - Below $100/SF Located off of Nicholasville Rd. inside of New Circle Rd. in Lexington, KY. The property sits behind The Venue Retail Center providing a convenient location bet ...

Listing Details MLS# 24005534

Listing Information

Comp Sale YN
No
Property Sub Type
Office

Status Change Information

Status Change Timestamp
2024-07-10
Purchase Contract Date
2024-06-04
Close Date
2024-07-09
Close Price
2050000

Address

County
Fayette
Street Number
210
Street Name
Malabu
Street Suffix
Drive
State
KY
Zip Code
40502
Parcel Number
13572201

Contract

Original List Price
2050000
Start Showing Date
2024-03-25
Listing Contract Date
2024-03-25
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
96.63
Sold Price/SqFt
96.63
SP/LP
Yes

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Interior

Living Area
21215
Building Area Total
21215

More Information

Parking Information

Parking Total
56

Building

Year Built
1975
Stories Total
2

Lot

Lot Size Acres
1.63
Lot Size Square Feet
71003

Remarks

Public Remarks
On behalf of Creech & Stafford Property Group, Inc., Block+Lot is pleased to take 210 Malabu Drive to market for sale. The building features: - 21,215 rentable square feet, two-story, free-standing office building - Built in 1975 - 1.63 Acres (per PVA) - Fall away lot - Steel/Masonry construction - Wet sprinkler system - P-1 Zoning - +/- 95 parking spaces - Monument/Building signage - Four varying sized office suites, as well as in-place income on a portion lower level ideal for an owner/occupant with value-add potential. Property Highlights: - Located off of Nicholasville Rd. inside of New Circle Rd. - Great parking with multiple points of ingress/egress - In-place income with value-add potential for Owner/Occupant - Newly sealed and striped parking lot - Well-managed for the last 15 years - Below $100/SF Located off of Nicholasville Rd. inside of New Circle Rd. in Lexington, KY. The property sits behind The Venue Retail Center providing a convenient location between both Tates Creek Rd. and Nicholasville Rd (ADT 45,326).

Building and Property Details

# of Men's Restrooms
2
# of Women's Restrooms
2
Usable SqFt
188815

Showing Information

Showing Instructions
Please contact listing agents to request a showing.

Tax & Legal

Tax Rate
1.2643
Zoning Description
P-1 Professional Office
Directions
Located off of Nicholasville Rd. inside of New Circle Rd. in Lexington, KY. The property sits behind The Venue Retail Center providing a convenient location between both Tates Creek Rd. and Nicholasville Rd (ADT 45,326).

Association/Community

Number Of Buildings
1

Construction Materials

Brick
Yes
Steel Frame
Yes

Parking Features

On Site
Yes
Paved
Yes

Security Features

Fire Sprinkler System
Yes

Special Listing Conditions

Standard
Yes

Business Type

Professional/Office
Yes

Existing Lease Type

None
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Property Features

Business Type: Professional/Office Construction Materials: Brick; Steel Frame Existing Lease Type: None Parking Features: On Site; Paved Sale Includes: Building(s); Land Security Features: Fire Sprinkler System Special Listing Conditions: Standard
Listing Office: Block + Lot Homes
Last Updated: January - 22 - 2026
Information deemed reliable but not guaranteed.