2539 Regency Road, Lexington, KY 40503

$1,125,000
Property Type: Commercial Sale Square Footage: 14,800 Status: Closed
Current Price: $1,125,000 List Date: 5/27/2020 Last Modified: 1/22/2026

Overview

Description

Investment Opportunity, 14,800 s.f. B-4 zoned property, currently with five tenants in flex spaces ranging from 1,600 to 5,600 s.f. One 2,000 s.f. space is vacant and is being marketed for lease at $7.25 p.s.f. New roof installed in 2017 with 10 yr transferable warranty. Great location off Nicholasville Rd close to New Circle makes this a desirable property for tenants. Rent Roll and financials available upon request.

Listing Details MLS# 20010400

Listing Information

Property Sub Type
Business

Status Change Information

Price Change Timestamp
2020-07-21T18:52:44Z
Status Change Timestamp
2020-07-21
Purchase Contract Date
2020-06-02
Close Date
2020-07-21
Close Price
1125000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
2539
Street Name
Regency
Street Suffix
Road
State
KY
Zip Code
40503

Contract

Original List Price
1200000
Start Showing Date
2020-05-22
Listing Contract Date
2020-05-22
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
81.08
Sold Price/SqFt
76.01
SP/LP
0.94

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Commercial

Interior

Living Area
14800
Building Area Total
14800

More Information

Parking Information

Parking Total
35

Building

Stories Total
Yes

Remarks

Public Remarks
Investment Opportunity, 14,800 s.f. B-4 zoned property, currently with five tenants in flex spaces ranging from 1,600 to 5,600 s.f. One 2,000 s.f. space is vacant and is being marketed for lease at $7.25 p.s.f. New roof installed in 2017 with 10 yr transferable warranty. Great location off Nicholasville Rd close to New Circle makes this a desirable property for tenants. Rent Roll and financials available upon request.

Building and Property Details

# of Drive-in Doors
8

Tax & Legal

Tax Rate
1.4
Zoning Description
B-4
Directions
Nicholasville Rd to Moore Drive, right onto Regency.

Utilities

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

Parking Features

On Site
Yes
Paved
Yes

Roof

Flat
Yes
Membrane
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Business Type

Commercial
Yes
Industrial
Yes
Warehouse
Yes

Docks

None
Yes

Tenant Pays

Common Area Maintenance
Yes
Electricity
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Business Type: Commercial; Industrial; Warehouse Docks: None Parking Features: On Site; Paved Roof: Flat; Membrane Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Common Area Maintenance; Electricity; Gas; Sewer; Water
Listing Office: The Gibson Company
Last Updated: January - 22 - 2026
Information deemed reliable but not guaranteed.