306 Southland Drive, Lexington, KY 40503
$1,525,000
Property Type:
Commercial Sale
Square Footage:
26,000
Lot Size (sq. ft.):
94,961
Status:
Closed
Current Price:
$1,525,000
List Date:
11/08/2012
Last Modified:
9/03/2025
Overview
Listing Details MLS# 1220949
Listing Information
- Property Sub Type
- Mixed Use
Status Change Information
- Price Change Timestamp
- 2012-11-12T15:50:25Z
- Status Change Timestamp
- 2012-11-08
- Purchase Contract Date
- 2012-10-15
- Close Date
- 2012-11-08
- Close Price
- 1525000
- Buyer Financing
- Conventional
Address
- County
- Fayette
- Street Number
- 306
- Street Name
- Southland
- Street Suffix
- Drive
- State
- KY
- Zip Code
- 40503
- Parcel Number
- 10030580
Contract
- Original List Price
- 1750000
- Start Showing Date
- 2012-04-15
- Listing Contract Date
- 2012-04-15
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Oleika Shrine
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- SP/LP
- 0.87
Tax Legal
- MLS Area Major
- 004 - Fayette County SW
- Subdivision Name
- Southland
Interior
- Living Area
- 26000
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 1962
Lot
- Lot Size Acres
- 2.18
- Lot Size Square Feet
- 94960.89
Utilities
- Cooling YN
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Water Available
- Yes
Building and Property Details
- # of Dock Doors
- Yes
Income and Expenses
- Gross Income
- 180000
- Gross Scheduled Income
- 180000
Tax & Legal
- Tax Rate
- 1.1
- Zoning Description
- commercial retail
- Directions
- From downtown Lexington go south past UNiv of Ky until you get on Nicholsville Road. Go about 3 miles to Southland Drive. Take a right on southland drive and this building will be on your left beside Oleika Shrine Building.
Construction Materials
- Block
- Yes
- Brick
- Yes
- Concrete
- Yes
- Glass
- Yes
Listing Terms
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Flat
- Yes
- Shingle
- Yes
Security Features
- Fire Sprinkler System
- Yes
Special Listing Conditions
- Standard
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Concrete Floor
- Yes
- Electric Drive-In Door(s)
- Yes
Business Type
- Mixed
- Yes
- Retail
- Yes
Ceiling
- Dropped
- Yes
Docks
- 1-3 Docks
- Yes
Sale Includes
- Building(s)
- Yes
- Easements
- Yes
- Land
- Yes
- Leases
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
- Insurance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Documents
- Survey
- Yes
Property Features
Utilities:
Electricity Available; Natural Gas Available; Phone Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Water Available
Building Features:
Concrete Floor; Electric Drive-In Door(s)
Business Type:
Mixed; Retail
Ceiling:
Dropped
Construction Materials:
Block; Brick; Concrete; Glass
Docks:
1-3 Docks
Listing Terms:
Conventional
Possession:
Close Of Escrow
Roof:
Flat; Shingle
Sale Includes:
Building(s); Easements; Land; Leases
Security Features:
Fire Sprinkler System
Special Listing Conditions:
Standard
Tenant Pays:
Electricity; Gas; Insurance; Sewer; Taxes; Trash Collection; Water
Water Heater:
Water Heater
Documents:
Survey
Listing Office:
Wallen-Hamilton Real Estate, LLC
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.