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
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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).
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.
