2539 Regency Road, Lexington, KY 40503 (MLS# 20010400)

2539 Regency Road, Lexington, KY 40503

$1,125,000

Property Type: Commercial Sale Square Footage: 14,800 Status: Closed

Current Price: $1,125,000 List Date: 5/27/2020 Last Modified: 1/22/2026

Overview

Description

Investment Opportunity, 14,800 s.f. B-4 zoned property, currently with five tenants in flex spaces ranging from 1,600 to 5,600 s.f. One 2,000 s.f. space is vacant and is being marketed for lease at $7.25 p.s.f. New roof installed in 2017 with 10 yr transferable warranty. Great location off Nicholasville Rd close to New Circle makes this a desirable property for tenants. Rent Roll and financials available upon request.

Listing Details MLS# 20010400

Listing Information

Property Sub Type: Business

Status Change Information

Price Change Timestamp: 2020-07-21T18:52:44Z
Status Change Timestamp: 2020-07-21
Purchase Contract Date: 2020-06-02
Close Date: 2020-07-21
Close Price: 1125000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 2539
Street Name: Regency
Street Suffix: Road
State: KY
Zip Code: 40503

Contract

Original List Price: 1200000
Start Showing Date: 2020-05-22
Listing Contract Date: 2020-05-22
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 81.08
Sold Price/SqFt: 76.01
SP/LP: 0.94

Tax Legal

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

Interior

Living Area: 14800
Building Area Total: 14800

More Information

Parking Information

Parking Total: 35

Building

Stories Total: Yes

Remarks

Public Remarks: Investment Opportunity, 14,800 s.f. B-4 zoned property, currently with five tenants in flex spaces ranging from 1,600 to 5,600 s.f. One 2,000 s.f. space is vacant and is being marketed for lease at $7.25 p.s.f. New roof installed in 2017 with 10 yr transferable warranty. Great location off Nicholasville Rd close to New Circle makes this a desirable property for tenants. Rent Roll and financials available upon request.

Building and Property Details

# of Drive-in Doors: 8

Tax & Legal

Tax Rate: 1.4
Zoning Description: B-4
Directions: Nicholasville Rd to Moore Drive, right onto Regency.

Utilities

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

Parking Features

On Site: Yes
Paved: Yes

Roof

Flat: Yes
Membrane: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Business Type

Commercial: Yes
Industrial: Yes
Warehouse: 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 Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Business Type: Commercial; Industrial; Warehouse Docks: None Parking Features: On Site; Paved Roof: Flat; Membrane Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Common Area Maintenance; Electricity; Gas; Sewer; Water

Listing Office: The Gibson Company

Last Updated: January - 22 - 2026

Information deemed reliable but not guaranteed.