858 Contract Street, Lexington, KY 40505 (MLS# 1421890)

858 Contract Street, Lexington, KY 40505

$1,325,000

Property Type: Commercial Sale Square Footage: 21,272 Lot Size (sq. ft.): 71,874 Status: Closed

Current Price: $1,325,000 List Date: 11/12/2014 Last Modified: 9/03/2025

Overview

Description

2 office warehouse buildings located on 1.65 acres of I-1 land. The first building consists of 11,272 square feet of gross space with 9,104 square feet of office/showroom space with the balance warehouse. The second building totals 10,000 square feet with 1,250 square feet of office and the rest is warehouse with 2 docks and 1 drive in door. Very nice office finishes in both buildings. Great property for any type of contractor. Property will be available this fall.

Listing Details MLS# 1421890

Listing Information

Property Sub Type: Industrial

Status Change Information

Price Change Timestamp: 2015-06-11T14:30:23Z
Status Change Timestamp: 2015-06-09
Purchase Contract Date: 2015-02-20
Close Date: 2015-02-20
Close Price: 1325000
Buyer Financing: Cash
Concessions Comments: N/A

Address

County: Fayette
Street Number: 858
Street Name: Contract
Street Suffix: Street
State: KY
Zip Code: 40505

Contract

Original List Price: 1350000
Start Showing Date: 2014-08-30
Listing Contract Date: 2014-08-30
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
SP/LP: 0.98

Tax Legal

MLS Area Major: 002 - Fayette County NE
Subdivision Name: Commercial

Interior

Living Area: 21272

More Information

Parking Information

Parking Total: 20

Building

Basement YN: Yes
Year Built: 1990
Stories Total: Yes

Lot

Lot Size Acres: 1.65
Lot Size Square Feet: 71874.07

Utilities

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

Remarks

Public Remarks: 2 office warehouse buildings located on 1.65 acres of I-1 land. The first building consists of 11,272 square feet of gross space with 9,104 square feet of office/showroom space with the balance warehouse. The second building totals 10,000 square feet with 1,250 square feet of office and the rest is warehouse with 2 docks and 1 drive in door. Very nice office finishes in both buildings. Great property for any type of contractor. Property will be available this fall.

Building and Property Details

# of Dock Doors: 2
# of Drive-in Doors: 2
# of Men's Restrooms: 3
# of Women's Restrooms: 3

Tax & Legal

Tax Rate: 1
Zoning Description: I
Directions: New Circle Road past Greens Toyota, left onto Floyd, right on Contract. Property on left.

Association/Community

Number Of Buildings: 2

Construction Materials

Block: Yes
Brick: Yes
Steel Frame: Yes

Roof

Metal: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Building Features

Concrete Floor: Yes
Partially Carpeted: Yes

Business Type

Industrial: Yes

Ceiling

Dropped: Yes
Open: Yes

Docks

1-3 Docks: Yes
Automatic: Yes

Sale Includes

Building(s): Yes
Land: Yes

Documents

Appraisal: Yes
Survey: Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Water Available Building Features: Concrete Floor; Partially Carpeted Business Type: Industrial Ceiling: Dropped; Open Construction Materials: Block; Brick; Steel Frame Docks: 1-3 Docks; Automatic Roof: Metal Sale Includes: Building(s); Land Sewer: Public Sewer Special Listing Conditions: Standard Documents: Appraisal; Survey

Listing Office: The Gibson Company

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.