1720 Sharkey Way, Lexington, KY 40511 (MLS# 1722605)

1720 Sharkey Way, Lexington, KY 40511

$1,010,000

Property Type: Commercial Sale Square Footage: 7,700 Lot Size (sq. ft.): 36,155 Status: Closed

Current Price: $1,010,000 List Date: 10/06/2017 Last Modified: 9/03/2025

Overview

Description

Modern two-story brick building, superior quality construction. Located in the beautiful landscaped community of Townley. Excellent location with plenty of parking. Office is leased with Anderson Communities occupying 5124 SF - Anderson will do a lease back through March 2019. The other tenants are Zaxby's Business Office 1200 SF. Solid tenants.ANDERSON WILL DO A LEASE BACK THROUGH DEC 2020. Great location and 10 minutes from downtown!

Listing Details MLS# 1722605

Listing Information

Property Sub Type: Office

Status Change Information

Price Change Timestamp: 2021-03-31T15:08:17Z
Status Change Timestamp: 2021-03-31
Purchase Contract Date: 2020-11-24
Close Date: 2021-01-08
Close Price: 1010000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: None

Address

County: Fayette
Street Number: 1720
Street Name: Sharkey Way
State: KY
Zip Code: 40511

Contract

Original List Price: 1150000
Start Showing Date: 2017-10-06
Listing Contract Date: 2017-10-06
Listing Agreement: Exclusive Right To Sell
Owner Name: Dennis Anderson
Owner Phone: 8592310099
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 149.35
Sold Price/SqFt: 131.17
SP/LP: 0.88

Tax Legal

MLS Area Major: 004 - Fayette County SW
Subdivision Name: Commercial

Interior

Living Area: 7700
Building Area Total: 7700

More Information

Parking Information

Parking Total: 56

Building

Year Built: 2004
Stories Total: 2
Accessibility Features YN: Yes

Lot

Lot Size Acres: 0.83
Lot Size Square Feet: 36154.83
Road Frontage Feet: 568

Utilities

Cooling YN: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Phone Available: Yes
Water Connected: Yes
Other: Yes

Remarks

Public Remarks: Modern two-story brick building, superior quality construction. Located in the beautiful landscaped community of Townley. Excellent location with plenty of parking. Office is leased with Anderson Communities occupying 5124 SF - Anderson will do a lease back through March 2019. The other tenants are Zaxby's Business Office 1200 SF. Solid tenants.ANDERSON WILL DO A LEASE BACK THROUGH DEC 2020. Great location and 10 minutes from downtown!

Building and Property Details

# of Men's Restrooms: 5
# of Women's Restrooms: 5

Income and Expenses

Total Actual Rent: 106235

Showing Information

Showing Instructions: Fully occupied - please contact Dallas Hodge @ Anderson 859-231-0099 to set up time to show.

Tax & Legal

Tax Rate: 1.1867
Zoning Description: P-1
Directions: From New Circle Road heading West, take the Leestown exit, first right onto Towne Center Drive, left onto Sharkey Way. 10 minutes from downtown!

Construction Materials

Brick: Yes

Parking Features

Paved: Yes

Roof

Shingle: Yes

Special Listing Conditions

Standard: Yes

Water Heater

Water Heater: Yes

Business Type

Professional/Office: Yes

Docks

None: Yes

Tenant Pays

Common Area Maintenance: Yes
Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Available; Phone Available; Water Connected; Other; Electricity Connected; Natural Gas Available; Phone Available; Water Connected; Other Business Type: Professional/Office Construction Materials: Brick Docks: None Parking Features: Paved Roof: Shingle Special Listing Conditions: Standard Tenant Pays: Common Area Maintenance; Electricity; Gas; Sewer; Water Water Heater: Water Heater

Listing Office: Anderson Communities, Inc.

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.