2800 Richmond Road, Lexington, KY 40502

$2,525,000
Property Type: Commercial Sale Square Footage: 44,810 Lot Size (sq. ft.): 278,349 Status: Closed
Current Price: $2,525,000 List Date: 1/14/2011 Last Modified: 9/03/2025

Overview

Description

Former Thoroughbred Chevrolet automobile dealership for sale or lease. Great exposure on a high traffic count main corridor(53,000 cars/day). Owner wants to sell and is also willing to lease for $40,000/month NNN. Property has road frontage on Gribben Drive as well as Richmond Road. Additional acreage available.

Listing Details MLS# 1100915

Listing Information

Property Sub Type
Retail

Status Change Information

Price Change Timestamp
2015-10-14T18:58:20Z
Status Change Timestamp
2015-10-14
Purchase Contract Date
2015-09-15
Close Date
2015-10-14
Close Price
2525000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
2800
Street Name
Richmond
Street Suffix
Road
State
KY
Zip Code
40502

Contract

Original List Price
3950000
Start Showing Date
2011-01-01
Listing Contract Date
2011-01-01
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
61.37
Sold Price/SqFt
56.35
SP/LP
0.92

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Commercial

Interior

Living Area
44810
Building Area Total
44810

More Information

Parking Information

Parking Total
56

Lot

Lot Size Acres
6.39
Lot Size Square Feet
278348.66

Remarks

Public Remarks
Former Thoroughbred Chevrolet automobile dealership for sale or lease. Great exposure on a high traffic count main corridor(53,000 cars/day). Owner wants to sell and is also willing to lease for $40,000/month NNN. Property has road frontage on Gribben Drive as well as Richmond Road. Additional acreage available.

Tax & Legal

Tax Rate
1.0951
Zoning Description
B-3
Directions
Richmond Road South past New Circle Road and on the right before Man O War Blvd.

Utilities

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

Listing Terms

Lease Option
Yes

Possession

Negotiable
Yes

Security Features

Fire Sprinkler System
Yes

Special Listing Conditions

Standard
Yes

Business Type

Retail
Yes

Electric

3 Phase
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Tenant Pays

Electricity
Yes
Exterior Maintenance
Yes
Gas
Yes
Insurance
Yes
Interior Maintenance
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available; Other; Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available; Other Business Type: Retail Electric: 3 Phase Listing Terms: Lease Option Possession: Negotiable Sale Includes: Building(s); Land Security Features: Fire Sprinkler System Special Listing Conditions: Standard Tenant Pays: Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Taxes; Trash Collection; Water
Listing Office: The Gibson Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.