505 W New Circle Road, Lexington, KY 40511
$1,000,000
Property Type:
Commercial Sale
Square Footage:
18,122
Lot Size (sq. ft.):
62,726
Status:
Closed
Current Price:
$1,000,000
List Date:
6/29/2019
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1914824
Listing Information
- Property Sub Type
- Business
Status Change Information
- Price Change Timestamp
- 2019-09-10T17:15:34Z
- Status Change Timestamp
- 2019-09-10
- Purchase Contract Date
- 2019-08-01
- Close Date
- 2019-09-09
- Close Price
- 1000000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- No
Address
- County
- Fayette
- Street Number
- 505
- Street Direction Prefix
- W
- Street Name
- New Circle
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40511
Contract
- Original List Price
- 1310000
- Start Showing Date
- 2019-06-25
- Listing Contract Date
- 2019-06-25
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/SqFt
- 72.29
- Sold Price/SqFt
- 55.18
- SP/LP
- 0.76
Tax Legal
- MLS Area Major
- 002 - Fayette County NE
- Subdivision Name
- Commercial
Interior
- Building Area Total
- 18122
More Information
Building
- Year Built
- 1967
Lot
- Lot Size Acres
- 1.44
- Lot Size Square Feet
- 62726.46
Remarks
- Public Remarks
- Retail showroom/warehouse with I-75 & I-64 access within 2 miles. New Circle Road frontage. 1.44 total acres. Over 5000 SF showroom; 8000 SF warehouse with approx. 16' ceiling height, two drive-in doors and one dock door. Separate restrooms servicing retail, warehouse and office areas. Two story office centrally located with conference room, private offices and full kitchen. 1300 SF out building on property for additional storage. High visibility and signage on New Circle!
Building and Property Details
- # of Dock Doors
- Yes
- # of Drive-in Doors
- 2
- Maximum Ceiling Height
- 16
Showing Information
- Showing Instructions
- Contact Christa Collins 859-321-3552 or Stuart Stebleton 248-318-0881 to schedule an appointment.
Tax & Legal
- Tax Rate
- 1.2774
- Zoning Description
- B-3
- Directions
- W. New Circle Road between Newtown Pike and Russell Cave Road. Across from Walmart Supercenter.
Special Listing Conditions
- Standard
- Yes
Business Type
- Commercial
- Yes
- Warehouse
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Property Features
Business Type:
Commercial; Warehouse
Sale Includes:
Building(s); Land
Special Listing Conditions:
Standard
Listing Office:
The Gibson Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.