2800 Richmond Road, Lexington, KY 40502 (MLS# 1100915)

2800 Richmond Road, Lexington, KY 40502

$2,525,000

Property Type: Commercial Sale Square Footage: 44,810 Lot Size (sq. ft.): 278,349 Status: Closed

Current Price: $2,525,000 List Date: 1/14/2011 Last Modified: 9/03/2025

Overview

Description

Former Thoroughbred Chevrolet automobile dealership for sale or lease. Great exposure on a high traffic count main corridor(53,000 cars/day). Owner wants to sell and is also willing to lease for $40,000/month NNN. Property has road frontage on Gribben Drive as well as Richmond Road. Additional acreage available.

Listing Details MLS# 1100915

Listing Information

Property Sub Type: Retail

Status Change Information

Price Change Timestamp: 2015-10-14T18:58:20Z
Status Change Timestamp: 2015-10-14
Purchase Contract Date: 2015-09-15
Close Date: 2015-10-14
Close Price: 2525000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 2800
Street Name: Richmond
Street Suffix: Road
State: KY
Zip Code: 40502

Contract

Original List Price: 3950000
Start Showing Date: 2011-01-01
Listing Contract Date: 2011-01-01
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 61.37
Sold Price/SqFt: 56.35
SP/LP: 0.92

Tax Legal

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

Interior

Living Area: 44810
Building Area Total: 44810

More Information

Parking Information

Parking Total: 56

Lot

Lot Size Acres: 6.39
Lot Size Square Feet: 278348.66

Remarks

Public Remarks: Former Thoroughbred Chevrolet automobile dealership for sale or lease. Great exposure on a high traffic count main corridor(53,000 cars/day). Owner wants to sell and is also willing to lease for $40,000/month NNN. Property has road frontage on Gribben Drive as well as Richmond Road. Additional acreage available.

Tax & Legal

Tax Rate: 1.0951
Zoning Description: B-3
Directions: Richmond Road South past New Circle Road and on the right before Man O War Blvd.

Utilities

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

Listing Terms

Lease Option: Yes

Possession

Negotiable: Yes

Security Features

Fire Sprinkler System: Yes

Special Listing Conditions

Standard: Yes

Business Type

Retail: Yes

Electric

3 Phase: Yes

Sale Includes

Building(s): Yes
Land: Yes

Tenant Pays

Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Insurance: Yes
Interior Maintenance: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available; Other; Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available; Other Business Type: Retail Electric: 3 Phase Listing Terms: Lease Option Possession: Negotiable Sale Includes: Building(s); Land Security Features: Fire Sprinkler System Special Listing Conditions: Standard Tenant Pays: Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Taxes; Trash Collection; Water

Listing Office: The Gibson Company

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.