2425 Merchant Street, Lexington, KY 40511

Lot Size (sq. ft.): 253,955 Status: Closed
Current Price: $5,000,000 List Date: 3/28/2018 Last Modified: 9/04/2021


10 Dock Doors, 1 Drive in Door, Year Built: 1985, renovated and occupied by Big Ass Fans since 2002, Modern Office Fit Up with Glass Offices, Fully Sprinkled, Property Highlights: In demand ratio of office space to industrial space, Modern and attractive configuration of office space with glass walls and desirable working environment, Employee cafeteria, Comfortable building layout within the property, allowing sufficient parking and easy truck access Great visibility from Leestown Rd., Heating and Air: 12 package, 2 splits, 2 forced gas, and 4 radiant units, Low pitch metal roof (replaced around 2006), 35 Big Ass Fans (approx 10 residential fans, 10 commercial fans, and 15 industrial fans), Updated Big Ass LED Lighting 63,000 SF with 17 foot clear height, 32,000 SF with 28 foot clear height, 4,591 SF mezzanine.

More Information MLS# 1806176

Location, Tax & Legal Info

Street #: 2425 Street Name: Merchant Suffix: Street County: Fayette State/Province: KY Zip Code: 40511 Area: 004 - Fayette County SW Subdivision: Commercial Tax Rate: 1.2174

Contract Info

Status: Closed Listing Date: 2018-03-28 Current Price: $4,850,000 Listing Price: 5000000

General Property Description

Year Built: 1985 Lot Size Acres: 5.83 Lot Size Square Feet: 253955.03 Approximate Living Area: 99591

Remarks & Misc

Directions: High growth area, well located near New Circle Rd and benefited by improvements to the immediate area such as the widening of Leestown Rd and Citation Way access, proximity to Interstate 75.

Status Change Info

Status Change Date: 2018-08-15 Pending Date: 2018-05-04 Sold Date: 2018-08-07 Sold Price: 4850000


Current Zoning: I-1


Building Square Footage: 99591 Warehouse Square Footage: 95000

Building Info

# of Dock Doors: 10 # of Drive-in Doors: 1

Other Sold Info

New Construction: No Was Listing a FSBO: No

Property Features

Business Type: Industrial; Warehouse Terms: Sale Roof: Metal Sprinklers: Wet Parking: 56 or More Spaces Docks: 4 - 10 Docks


Listing Office: Block + Lot Real Estate
Listing Agent: Gregory Leveridge
Last Updated: September - 04 - 2021
2425 Merchant Street, Lexington, KY 40511- MLS# 1806176
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