860 Corporate Drive, Lexington, KY 40503 (MLS# 20024345)

860 Corporate Drive, Lexington, KY 40503

$1,600,000

Property Type: Commercial Sale Square Footage: 17,005 Status: Closed

Current Price: $1,600,000 List Date: 11/24/2020 Last Modified: 9/03/2025

Overview

Description

One suite may be available for owner-occupancy (has 2 private restrooms, kitchenette!) Two story building with elevator. All suites overlook the lake. Building is well maintained with 3 new heat pumps (2020), exterior washed (2020), new roof in 2017 with remainder of the original 20 year warranty. Close to airport, Beaumont, Palomar, shopping, restaurants, New Circle Rd, Man 'O War Blvd. Located in professional office park known as The Corporate Center.

Listing Details MLS# 20024345

Listing Information

Property Sub Type: Office

Status Change Information

Status Change Timestamp: 2021-05-03
Purchase Contract Date: 2021-01-26
Close Date: 2021-04-30
Close Price: 1600000
Buyer Financing: Conventional
Sale Type: Arms Length Sale

Address

County: Fayette
Street Number: 860
Street Name: Corporate
Street Suffix: Drive
State: KY
Zip Code: 40503
Parcel Number: 16863505

Contract

Original List Price: 1750000
Start Showing Date: 2020-11-24
Listing Contract Date: 2020-11-24
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
SP/LP: 0.91

Tax Legal

MLS Area Major: 004 - Fayette County SW
Subdivision Name: Commercial

Interior

Living Area: 17005

More Information

Building

Year Built: 1980
Stories Total: 2

Utilities

Cooling YN: Yes
Electricity Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: One suite may be available for owner-occupancy (has 2 private restrooms, kitchenette!) Two story building with elevator. All suites overlook the lake. Building is well maintained with 3 new heat pumps (2020), exterior washed (2020), new roof in 2017 with remainder of the original 20 year warranty. Close to airport, Beaumont, Palomar, shopping, restaurants, New Circle Rd, Man 'O War Blvd. Located in professional office park known as The Corporate Center.

Showing Information

Showing Instructions: Call LA

Tax & Legal

Tax Rate: 1.2777
Zoning Description: P-1
Directions: Located on Corporate Dr in The Corporate Center corner of Harrodsburg Rd and New Circle Rd.

Construction Materials

Concrete: Yes

Parking Features

On Site: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Membrane: Yes

Security Features

Fire Sprinkler System: Yes

Special Listing Conditions

Standard: Yes

Water Heater

Water Heater: Yes

Building Features

Other Flooring Type: Yes
Partially Carpeted: Yes
Tile/Brick Floor: Yes
Vinyl Flooring: Yes

Business Type

Professional/Office: Yes
Other: Yes

Ceiling

Dropped: Yes

Docks

None: Yes

Electric

3 Phase: Yes

Sale Includes

Building(s): Yes
Land: Yes
Leases: Yes

Tenant Pays

Interior Maintenance: Yes
Other: Yes

Property Features

Utilities: Electricity Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Phone Available; Sewer Connected; Water Connected Building Features: Other Flooring Type; Partially Carpeted; Tile/Brick Floor; Vinyl Flooring Business Type: Professional/Office; Other Ceiling: Dropped Construction Materials: Concrete Docks: None Electric: 3 Phase Parking Features: On Site Possession: Subject To Tenant Rights Roof: Membrane Sale Includes: Building(s); Land; Leases Security Features: Fire Sprinkler System Special Listing Conditions: Standard Tenant Pays: Interior Maintenance; Other Water Heater: Water Heater

Listing Office: Prestige Investments

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.