746 Westland Drive, Lexington, KY 40504 (MLS# 1601497)

746 Westland Drive, Lexington, KY 40504

$742,500

Property Type: Commercial Sale Square Footage: 22,000 Status: Closed

Current Price: $742,500 List Date: 1/27/2016 Last Modified: 9/03/2025

Overview

Description

22,000 s.f. I-2 Zoned property available for sale. Great location inside New Circle off Old Frankfort Pike. Building has two levels, lower level is fully leased, upper level has approx 8,250 available for a new owner/occupant plus 2,750 s.f. currently under lease. Great opportunity for investor or owner/occupant. Income and expense information available upon request.

Listing Details MLS# 1601497

Listing Information

Property Sub Type: Industrial

Status Change Information

Price Change Timestamp: 2017-12-05T15:24:06Z
Status Change Timestamp: 2017-12-05
Purchase Contract Date: 2017-10-12
Close Date: 2017-12-04
Close Price: 742500
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Fayette
Street Number: 746
Street Name: Westland
Street Suffix: Drive
State: KY
Zip Code: 40504

Contract

Original List Price: 1050000
Start Showing Date: 2016-01-27
Listing Contract Date: 2016-01-27
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 38.59
Sold Price/SqFt: 33.75
SP/LP: 0.87

Tax Legal

MLS Area Major: 001 - Fayette County NW
Subdivision Name: Commercial

Interior

Living Area: 22000
Building Area Total: 22000

More Information

Parking Information

Parking Total: 35

Building

Stories Total: 2
Accessibility Features YN: No
Leasable Area: 22000

Remarks

Public Remarks: 22,000 s.f. I-2 Zoned property available for sale. Great location inside New Circle off Old Frankfort Pike. Building has two levels, lower level is fully leased, upper level has approx 8,250 available for a new owner/occupant plus 2,750 s.f. currently under lease. Great opportunity for investor or owner/occupant. Income and expense information available upon request.

Building and Property Details

# of Dock Doors: Yes
# of Drive-in Doors: 3
Maximum Ceiling Height: 16

Tax & Legal

Tax Rate: 1.08
Zoning Description: I-2
Directions: New Circle to Old Frankfort Pike, take Duncan Machinery Rd to Westland Drive.

Utilities

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

Parking Features

Enclosed: Yes
Gravel: Yes
On Site: Yes
Paved: Yes

Sewer

Public Sewer: Yes

Business Type

Industrial: Yes
Mixed: Yes
Warehouse: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Trash Collection: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Water Connected Business Type: Industrial; Mixed; Warehouse Parking Features: Enclosed; Gravel; On Site; Paved Sewer: Public Sewer Tenant Pays: Electricity; Gas; Trash Collection

Listing Office: The Gibson Company

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.