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$ 995,000
New
2216 Young Drive Lexington, KY 40505
13,574 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,574 sqft
Price per Sqft $73
Subdivision Commercial
MLS Listing ID 25006378
Year Built 1969
Lot Size 0.870 Acres
Property Description
Block+Lot is excited to present 2216 Young Drive, Lexington, KY, a premier office opportunity nestled in one of Lexington's most desirable submarkets. This property is comprised of two single-story office buildings, totaling ±13,574 SF on ±0.87 acres zoned P-1, and features 38 parking spaces.
These well-maintained buildings feature 8 fully occupied units, each with private entrances, monument signage, efficient layouts, and newer HVAC units installed in 2021. The single-story design enhances accessibility and tenant appeal. With upcoming lease expirations, 2216 Young Drive offers a compelling value-add opportunity, enabling investors or owner-occupants to maximize returns through strategic lease renewals, recapture of pass through expenses, and other value-enhancing strategies.
Contact agent for access to financials and rent roll.
Property Highlights:
-Convenient parking on all three sides of the building totaling 38 spaces
-Prime location in the desirable Idle Hour submarket
-Buildings are 100% occupied. Contact agent for access to financials and rent roll
-Private entrances and 24/7 access for each suite
-Significant long-term value-add opportunity
These well-maintained buildings feature 8 fully occupied units, each with private entrances, monument signage, efficient layouts, and newer HVAC units installed in 2021. The single-story design enhances accessibility and tenant appeal. With upcoming lease expirations, 2216 Young Drive offers a compelling value-add opportunity, enabling investors or owner-occupants to maximize returns through strategic lease renewals, recapture of pass through expenses, and other value-enhancing strategies.
Contact agent for access to financials and rent roll.
Property Highlights:
-Convenient parking on all three sides of the building totaling 38 spaces
-Prime location in the desirable Idle Hour submarket
-Buildings are 100% occupied. Contact agent for access to financials and rent roll
-Private entrances and 24/7 access for each suite
-Significant long-term value-add opportunity
Location
State KY
County Fayette
Exterior
View Y/N N
Listed by Block + Lot Real Estate
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