746 Westland Drive, Lexington, KY 40504

$742,500
Property Type: Commercial Sale Square Footage: 22,000 Status: Closed
Current Price: $742,500 List Date: 1/27/2016 Last Modified: 9/03/2025

Overview

Description

22,000 s.f. I-2 Zoned property available for sale. Great location inside New Circle off Old Frankfort Pike. Building has two levels, lower level is fully leased, upper level has approx 8,250 available for a new owner/occupant plus 2,750 s.f. currently under lease. Great opportunity for investor or owner/occupant. Income and expense information available upon request.

Listing Details MLS# 1601497

Listing Information

Property Sub Type
Industrial

Status Change Information

Price Change Timestamp
2017-12-05T15:24:06Z
Status Change Timestamp
2017-12-05
Purchase Contract Date
2017-10-12
Close Date
2017-12-04
Close Price
742500
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
746
Street Name
Westland
Street Suffix
Drive
State
KY
Zip Code
40504

Contract

Original List Price
1050000
Start Showing Date
2016-01-27
Listing Contract Date
2016-01-27
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
38.59
Sold Price/SqFt
33.75
SP/LP
0.87

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Commercial

Interior

Living Area
22000
Building Area Total
22000

More Information

Parking Information

Parking Total
35

Building

Stories Total
2
Accessibility Features YN
No
Leasable Area
22000

Remarks

Public Remarks
22,000 s.f. I-2 Zoned property available for sale. Great location inside New Circle off Old Frankfort Pike. Building has two levels, lower level is fully leased, upper level has approx 8,250 available for a new owner/occupant plus 2,750 s.f. currently under lease. Great opportunity for investor or owner/occupant. Income and expense information available upon request.

Building and Property Details

# of Dock Doors
Yes
# of Drive-in Doors
3
Maximum Ceiling Height
16

Tax & Legal

Tax Rate
1.08
Zoning Description
I-2
Directions
New Circle to Old Frankfort Pike, take Duncan Machinery Rd to Westland Drive.

Utilities

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

Parking Features

Enclosed
Yes
Gravel
Yes
On Site
Yes
Paved
Yes

Sewer

Public Sewer
Yes

Business Type

Industrial
Yes
Mixed
Yes
Warehouse
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Trash Collection
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Water Connected Business Type: Industrial; Mixed; Warehouse Parking Features: Enclosed; Gravel; On Site; Paved Sewer: Public Sewer Tenant Pays: Electricity; Gas; Trash Collection
Listing Office: The Gibson Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.