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
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
# of Dock Doors: 10 # of Drive-in Doors: 1
Other Sold Info
New Construction: No Was Listing a FSBO: No
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
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