601 Perimeter, Lexington, KY 40517

$1,695,000
Property Type: Commercial Sale Square Footage: 15,112 Lot Size (sq. ft.): 50,530 Status: Closed
Current Price: $1,695,000 List Date: 11/07/2014 Last Modified: 9/03/2025

Overview

Description

-Two story medical office building -1st Floor-Physical Therapy fit-up -2nd Floor-Medical Office fit-up -Built in 1987/Renovated in 2008 -15,112 Total SF (Per PVA) -1.16 acres -Class A construction-glass, steel, concrete -Fully sprinklered-wet system -Zoned P-1 (Professional Office) -Key Fob entry system in place -Elevator -+/-60 parking spaces with additional street and cross easement parking -Previously occupied by UK sports Medicine/Physical Therapy (relocating +/- 3/15) -Building signage available to both Perimeter Drive and New Circle Road (+/- 3/15) -Leaded X-ray room on the second floor

Listing Details MLS# 1421682

Listing Information

Property Sub Type
Office

Status Change Information

Price Change Timestamp
2015-02-06T15:36:19Z
Status Change Timestamp
2015-02-06
Purchase Contract Date
2015-01-01
Close Date
2015-02-04
Close Price
1695000
Buyer Financing
Conventional

Address

County
Fayette
Street Number
601
Street Name
Perimeter
State
KY
Zip Code
40517

Contract

Original List Price
1750000
Start Showing Date
2014-11-01
Listing Contract Date
2014-11-01
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
SP/LP
0.97

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Commercial

Interior

Living Area
15112

More Information

Building

Year Built
1987

Lot

Lot Size Acres
1.16
Lot Size Square Feet
50529.65

Remarks

Public Remarks
-Two story medical office building -1st Floor-Physical Therapy fit-up -2nd Floor-Medical Office fit-up -Built in 1987/Renovated in 2008 -15,112 Total SF (Per PVA) -1.16 acres -Class A construction-glass, steel, concrete -Fully sprinklered-wet system -Zoned P-1 (Professional Office) -Key Fob entry system in place -Elevator -+/-60 parking spaces with additional street and cross easement parking -Previously occupied by UK sports Medicine/Physical Therapy (relocating +/- 3/15) -Building signage available to both Perimeter Drive and New Circle Road (+/- 3/15) -Leaded X-ray room on the second floor

Tax & Legal

Tax Rate
1.1637
Zoning Description
P-1 Professional Office
Directions
601 Perimeter Drive is located off of Alumni Drive in the southeast corridor of Lexington. The building itself backs up to New Circle Road providing both excellent access and visibility to Lexington's highest traffic center.

Special Listing Conditions

Standard
Yes

Business Type

Professional/Office
Yes

Property Features

Business Type: Professional/Office Special Listing Conditions: Standard
Listing Office: Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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