2100 Nicholasville Road, Lexington, KY 40503

$2,300,000
Property Type: Commercial Sale Square Footage: 21,475 Lot Size (sq. ft.): 67,954 Status: Closed
Current Price: $2,300,000 List Date: 3/11/2016 Last Modified: 9/03/2025

Overview

Description

Location-location-location! Corner of Nicholasville Road and Jesselin Drive, minutes from downtown Lexington, University of KY, many local hospitals and traveled by many daily. Fantastic local landmark-this corner was home to a successful Real Estate Company for over 30 years. Currently, fantastic tenant in place for a majority of the space. The 2 buildings/parcels to be sold or leased as a whole. Note: Sellers are licensed real estate agents in Commonwealth of KY.

Listing Details MLS# 1604483

Listing Information

Property Sub Type
Office

Status Change Information

Price Change Timestamp
2016-03-11T14:19:26Z
Status Change Timestamp
2016-03-11
Purchase Contract Date
2016-03-09
Close Date
2016-03-09
Close Price
2300000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
na

Address

County
Fayette
Street Number
2100
Street Name
Nicholasville
Street Suffix
Road
Street Suffix Modifier
2108
State
KY
Zip Code
40503
Parcel Number
24322177

Contract

Original List Price
2500000
Start Showing Date
2016-03-09
Listing Contract Date
2016-03-09
Listing Agreement
Exclusive Right To Sell
Owner Name
Jesselin Office Complex
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
116.41
Sold Price/SqFt
107.1
SP/LP
0.92

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Crestwood

Interior

Living Area
21475
Building Area Total
21475

More Information

Parking Information

Parking Total
56

Building

Year Built
1978
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
1.56
Lot Size Square Feet
67953.66
Road Frontage Feet
264

Utilities

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

Remarks

Public Remarks
Location-location-location! Corner of Nicholasville Road and Jesselin Drive, minutes from downtown Lexington, University of KY, many local hospitals and traveled by many daily. Fantastic local landmark-this corner was home to a successful Real Estate Company for over 30 years. Currently, fantastic tenant in place for a majority of the space. The 2 buildings/parcels to be sold or leased as a whole. Note: Sellers are licensed real estate agents in Commonwealth of KY.

Building and Property Details

Building Expansion Potential YN
Yes
# of Men's Restrooms
4
# of Women's Restrooms
4

Tax & Legal

Tax Rate
1.2075
Zoning Description
P-1
Directions
New Circle Road to Nicholasville Road towards downtown Lexington. Property on right at corner of Southland/Jesselin.

Association/Community

Number Of Buildings
2

Construction Materials

Brick
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Lease Option
Yes

Possession

Other
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Water Heater
Yes

Building Features

Partially Carpeted
Yes
Tile/Brick Floor
Yes
Vinyl Flooring
Yes

Business Type

Professional/Office
Yes

Ceiling

Dropped
Yes

Existing Lease Type

NNN
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Tenant Pays

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; Sewer Connected; Water Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available Building Features: Partially Carpeted; Tile/Brick Floor; Vinyl Flooring Business Type: Professional/Office Ceiling: Dropped Construction Materials: Brick Existing Lease Type: NNN Listing Terms: 1031 Exchange; Cash; Conventional; Lease Option Possession: Other Roof: Shingle Sale Includes: Building(s); Land Special Listing Conditions: Standard Tenant Pays: Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Trash Collection; Water Water Heater: Water Heater
Listing Office: Rector Hayden Realtors
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.