203 Lisle Industrial Avenue, Lexington, KY 40511

$2,000,000

Property Type: Commercial Sale Square Footage: 98,000 Lot Size (sq. ft.): 354,143 Status: Closed

Current Price: $2,000,000 List Date: 6/21/2016 Last Modified: 9/03/2025

Overview

Description

For sale is this functional 98,000+/- s/f warehouse zoned for industrial use sitting on 5.65 acres. Great regional location w/close access to interstate (I-75, 5.6 mi) and to commercial air (Bluegrass Airport, 6.1 mi). Building is highly functional featuring 9 dock doors & 7 drive-in doors. Tremendous property & location for nearly any industrial application. Excellent investment opportunity.

Listing Details MLS# 1613489

Listing Information

Property Sub Type: Industrial

Status Change Information

Price Change Timestamp: 2017-09-02T13:04:34Z
Status Change Timestamp: 2017-09-02
Purchase Contract Date: 2017-01-23
Close Date: 2017-08-25
Close Price: 2000000
Buyer Financing: Other
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 203
Street Name: Lisle Industrial
Street Suffix: Avenue
Street Suffix Modifier: 205
State: KY
Zip Code: 40511

Contract

Original List Price: 2500000
Start Showing Date: 2016-06-21
Listing Contract Date: 2016-06-21
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 25.51
Sold Price/SqFt: 20.41
SP/LP: 0.8

Tax Legal

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

Interior

Building Area Total: 98000

More Information

Building

Basement YN: Yes
Year Built: 1954
Stories Total: Yes
Leasable Area: 98000

Lot

Lot Size Acres: 8.13
Lot Size Square Feet: 354143.13

Utilities

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

Remarks

Public Remarks: For sale is this functional 98,000+/- s/f warehouse zoned for industrial use sitting on 5.65 acres. Great regional location w/close access to interstate (I-75, 5.6 mi) and to commercial air (Bluegrass Airport, 6.1 mi). Building is highly functional featuring 9 dock doors & 7 drive-in doors. Tremendous property & location for nearly any industrial application. Excellent investment opportunity.

Building and Property Details

Building Expansion Potential YN: Yes
Lot Expansion Potential YN: Yes
Railroad Siding YN: No
# of Dock Doors: 9
# of Drive-in Doors: 7
Maximum Ceiling Height: 20
Usable SqFt: 98000
Warehouse SqFt: 98000

Showing Information

Showing Instructions: Please call listing agent Stephen Howard at 859.333.1000.

Tax & Legal

Tax Rate: 1.0547
Zoning Description: I-2
Directions: From Leestown Road, turn directly onto Lisle Industrial Avenue and the property is on your right.

Association/Community

Number Of Buildings: 1

Construction Materials

Block: Yes
Concrete: Yes
Steel Frame: Yes

Listing Terms

Lease Option: Yes

Parking Features

Enclosed: Yes
On Site: Yes
Paved: Yes

Possession

Negotiable: Yes

Roof

Flat: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Water Heater

Water Heater: Yes

Building Features

Concrete Floor: Yes
Freight Elevator(s): Yes

Business Type

Industrial: Yes
Warehouse: Yes

Ceiling

Open: Yes

Docks

1-3 Docks: Yes

Existing Lease Type

NNN: Yes

Sale Includes

Building(s): Yes
Equipment: Yes
Land: Yes

Tenant Pays

Common Area Maintenance: Yes
Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Insurance: Yes
Interior Maintenance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: 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; Freight Elevator(s) Business Type: Industrial; Warehouse Ceiling: Open Construction Materials: Block; Concrete; Steel Frame Docks: 1-3 Docks Existing Lease Type: NNN Listing Terms: Lease Option Parking Features: Enclosed; On Site; Paved Possession: Negotiable Roof: Flat Sale Includes: Building(s); Equipment; Land Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Trash Collection; Water Water Heater: Water Heater

Listing Office: Keller Williams Bluegrass Realty

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.