1950 Nicholasville Rd - Medical FOR SALE


Lexington, KY 40503- Southern Heights
$715,000 USD
502-472-7546
1950 Nicholasville Rd, Lexington, KY for Sale
$715,000 USD
Medical - FOR SALE
1/20
null | Request Cap Rate

1950 Nicholasville Rd
Lexington, KY 40503
Southern Heights


HIGHLIGHTS

  • Welcome to a prime professional office opportunity in Lexington ready to accommodate office or medical operations.
  • Highly visible and easily accessible, being at the corner of the signalized intersection of Edgemoor Drive and Nicholasville Rd/ SR-27.
  • Spanning 4,126 square feet with plenty of parking on-site and a professional brick façade, 1950 Nicholasville Road is a well-maintained building.
  • Nearly 43,300 vehicles pass daily on the busy intersection, enabling a broad client base to access the property.

OVERVIEW

1950 Nicholasville Road is a professional building that is ready to accommodate office and/or medical operations. The property is just a few blocks from the award-winning Baptist Health Hospital, and four additional hospitals are within another mile. The building has prime visibility along Nicholasville Road’s busy corridor with signalized access. It is currently zoned Professional Office (P-1). The existing structure covers 2,551 square feet with an additional 1,575-square-foot basement. The site may also be redeveloped up to 9,400 square feet - see concept plans.

FOR SALE DETAILS

PRICE

$715,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

P-1

APN/PARCEL ID

11852200

ASK ABOUT THIS PROPERTY

Jason TaylorEquity Management Group, Inc.More Info
502-472-7546

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Jason TaylorEquity Management Group, Inc.More Info
502-472-7546

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.