2100 Nicholasville Road, Lexington, KY 40503

$2,300,000

Property Type: Commercial Sale Square Footage: 21,475 Lot Size (sq. ft.): 67,954 Status: Closed

Current Price: $2,300,000 List Date: 3/11/2016 Last Modified: 9/03/2025

Overview

Description

Location-location-location! Corner of Nicholasville Road and Jesselin Drive, minutes from downtown Lexington, University of KY, many local hospitals and traveled by many daily. Fantastic local landmark-this corner was home to a successful Real Estate Company for over 30 years. Currently, fantastic tenant in place for a majority of the space. The 2 buildings/parcels to be sold or leased as a whole. Note: Sellers are licensed real estate agents in Commonwealth of KY.

Listing Details MLS# 1604483

Listing Information

Property Sub Type: Office

Status Change Information

Price Change Timestamp: 2016-03-11T14:19:26Z
Status Change Timestamp: 2016-03-11
Purchase Contract Date: 2016-03-09
Close Date: 2016-03-09
Close Price: 2300000
Buyer Financing: Other
Sale Type: Arms Length Sale
Concessions Comments: na

Address

County: Fayette
Street Number: 2100
Street Name: Nicholasville
Street Suffix: Road
Street Suffix Modifier: 2108
State: KY
Zip Code: 40503
Parcel Number: 24322177

Contract

Original List Price: 2500000
Start Showing Date: 2016-03-09
Listing Contract Date: 2016-03-09
Listing Agreement: Exclusive Right To Sell
Owner Name: Jesselin Office Complex
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 116.41
Sold Price/SqFt: 107.1
SP/LP: 0.92

Tax Legal

MLS Area Major: 003 - Fayette County SE
Subdivision Name: Crestwood

Interior

Living Area: 21475
Building Area Total: 21475

More Information

Parking Information

Parking Total: 56

Building

Year Built: 1978
Stories Total: 2
Accessibility Features YN: No

Lot

Lot Size Acres: 1.56
Lot Size Square Feet: 67953.66
Road Frontage Feet: 264

Utilities

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

Remarks

Public Remarks: Location-location-location! Corner of Nicholasville Road and Jesselin Drive, minutes from downtown Lexington, University of KY, many local hospitals and traveled by many daily. Fantastic local landmark-this corner was home to a successful Real Estate Company for over 30 years. Currently, fantastic tenant in place for a majority of the space. The 2 buildings/parcels to be sold or leased as a whole. Note: Sellers are licensed real estate agents in Commonwealth of KY.

Building and Property Details

Building Expansion Potential YN: Yes
# of Men's Restrooms: 4
# of Women's Restrooms: 4

Tax & Legal

Tax Rate: 1.2075
Zoning Description: P-1
Directions: New Circle Road to Nicholasville Road towards downtown Lexington. Property on right at corner of Southland/Jesselin.

Association/Community

Number Of Buildings: 2

Construction Materials

Brick: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Lease Option: Yes

Possession

Other: Yes

Roof

Shingle: Yes

Special Listing Conditions

Standard: Yes

Water Heater

Water Heater: Yes

Building Features

Partially Carpeted: Yes
Tile/Brick Floor: Yes
Vinyl Flooring: Yes

Business Type

Professional/Office: Yes

Ceiling

Dropped: Yes

Existing Lease Type

NNN: Yes

Sale Includes

Building(s): Yes
Land: Yes

Tenant Pays

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; Sewer Connected; Water Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available Building Features: Partially Carpeted; Tile/Brick Floor; Vinyl Flooring Business Type: Professional/Office Ceiling: Dropped Construction Materials: Brick Existing Lease Type: NNN Listing Terms: 1031 Exchange; Cash; Conventional; Lease Option Possession: Other Roof: Shingle Sale Includes: Building(s); Land Special Listing Conditions: Standard Tenant Pays: Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Trash Collection; Water Water Heater: Water Heater

Listing Office: Rector Hayden Realtors

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.