680 Lima Drive, Lexington, KY 40511
$957,000
Property Type:
Commercial Sale
Square Footage:
8,424
Lot Size (sq. ft.):
74,923
Status:
Closed
Current Price:
$957,000
List Date:
2/21/2026
Last Modified:
6/24/2026
Listing Details MLS# 26003130
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Retail
Status Change Information
- Price Change Timestamp
- 2026-03-20T15:50:00Z
- Status Change Timestamp
- 2026-06-24
- Purchase Contract Date
- 2026-04-09
- Close Date
- 2026-06-23
- Close Price
- 957000
- Buyer Financing
- Conventional
- Sale Type
- Real Estate Owned
Address
- County
- Fayette
- Street Number
- 680
- Street Name
- Lima
- Street Suffix
- Drive
- State
- KY
- Zip Code
- 40511
- Parcel Number
- 12120100
Contract
- Original List Price
- 1400000
- Start Showing Date
- 2026-02-20
- Listing Contract Date
- 2026-01-14
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 142.45
- Sold Price/SqFt
- 113.6
- SP/LP
- 0.8
Tax Legal
- MLS Area Major
- 001 - Fayette County NW
- Subdivision Name
- New Circle
Interior
- Living Area
- 8424
- Living Area Units
- Square Feet
- Living Area Source
- Public Records
- Building Area Total
- 8424
- Building Area Source
- Public Records
- Building Area Units
- Square Feet
More Information
Parking Information
- Parking Total
- 55
Building
- Basement YN
- No
- Year Built
- 2005
- Stories Total
- Yes
- Accessibility Features YN
- Yes
- Leasable Area
- 8424
Lot
- Lot Size Acres
- 1.72
- Lot Size Square Feet
- 74923.2
- Road Frontage Feet
- 105
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Phone Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- Step into possibility at 680 Lima Drive! A dynamic commercial property positioned in the heart of Lexington's thriving industrial and business corridor. This address is more than a location; it's a launching pad for growth, innovation, long-term success with the potential to build even more in the vacant lot. All the current work widening New Circle is just about to arrive and provide excellent access to I-75/I-64, Newtown Pike, connecting it seamlessly to downtown Lexington. Surrounded by a network of established enterprises and new developments, 680 Lima Dr stands at the intersection of opportunity and momentum. Ample parking, strong infrastructure, and a location poised for expansion make it the perfect foundation for your next chapter. The property offers functional space with flexible layouts, ideal for logistics, light manufacturing, distribution, or modern office conversion, the vision is yours to bring to life. Whether you're an investor seeking a high-demand asset or a business owner ready to grow, this property invites ambition and rewards it. Discover the space where your vision takes shape. Welcome to 680 Lima Drive where Lexington's energy meets your innovative enterprise.
Building and Property Details
- Furniture, Fixtures & Equipment YN
- No
- Building Expansion Potential YN
- Yes
- Inground Tank YN
- No
- Lot Expansion Potential YN
- Yes
- Railroad Siding YN
- No
- # of Floors Serviced
- Yes
- # of Men's Restrooms
- 7
- # of Women's Restrooms
- 7
- Maximum Ceiling Height
- 18
- Retail SqFt
- 8424
- Usable SqFt
- 8424
- Warehouse SqFt
- 1400
Income and Expenses
- Advertising License & Permit Expense
- 185
- Cable TV Expense
- 55
- Cash Flow Before Tax
- 9360.42
- Credit and Vacancy Losses
- 2000
- Electric Expense
- 315
- Lawn Services Expense
- 450
- Manager Expense
- 1000
- Trash Expense
- 475
- Utilities Expense
- 15
- Water Services Expense
- 15
- Elevator Services Expense
- 0
- Fuel Expense
- 0
Showing Information
- Showing Instructions
- Showing time.
Tax & Legal
- Tax Rate
- 1.2638
- Zoning Description
- NEIGHBORHOOD BUSINESS
- Directions
- Exit New Circle Road using exit 8 US-25 toward Georgetown/ Lexington, .2 Turn onto S/ Georgetown St, 100 feet turn right onto Lima Dr. 200 feet turn left, arrive 680 Lima Dr. Lexington, Ky 40511.
Association/Community
- Number Of Buildings
- 1
Construction Materials
- Brick
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
- Multi Units
- Yes
Heating
- Electric
- Yes
- Heat Pump
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Composition
- Yes
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Water Heater
- Electric
- Yes
Building Features
- Concrete Floor
- Yes
- Kitchen Facilities
- Yes
- Partially Carpeted
- Yes
- Vinyl Flooring
- Yes
- Wood Flooring
- Yes
Business Type
- Commercial
- Yes
- Food & Beverage
- Yes
- Restaurant
- Yes
- Retail
- Yes
Ceiling
- Dropped
- Yes
- Drywall
- Yes
- Tile
- Yes
Docks
- None
- Yes
Electric
- 200+ Amp Service
- Yes
Existing Lease Type
- Gross
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
- Leases
- Yes
Tenant Pays
- Electricity
- Yes
- Insurance
- Yes
- Interior Maintenance
- Yes
- Sewer
- Yes
- Water
- Yes
Showing Requirements
- Showing Service
- Yes
Property Features
Utilities:
Cable Connected; Electricity Connected; Phone Connected; Sewer Connected; Water Connected; Cable Connected; Electricity Connected; Phone Connected; Sewer Connected; Water Connected
Building Features:
Concrete Floor; Kitchen Facilities; Partially Carpeted; Vinyl Flooring; Wood Flooring
Business Type:
Commercial; Food & Beverage; Restaurant; Retail
Ceiling:
Dropped; Drywall; Tile
Construction Materials:
Brick
Cooling:
Heat Pump; Multi Units
Docks:
None
Electric:
200+ Amp Service
Existing Lease Type:
Gross
Heating:
Electric; Heat Pump
Listing Terms:
Cash; Conventional
Parking Features:
On Site; Paved
Possession:
Close Of Escrow
Roof:
Composition; Shingle
Sale Includes:
Building(s); Land; Leases
Sewer:
Public Sewer
Tenant Pays:
Electricity; Insurance; Interior Maintenance; Sewer; Water
Water Heater:
Electric
Showing Requirements:
Showing Service
Listing Office:
Thwaites Realtors LLC
Last Updated: June - 24 - 2026
Information deemed reliable but not guaranteed.