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Investment Highlights

  • Prime location — high-traffic corridor directly off Nicholasville Rd
  • Turnkey salon fit-up — updated, move-in ready
  • Low HOA fee ($300/quarter) — covers roof and all exterior maintenance
  • Current tenant paying month to month
  • Clean, updated, stylish interior
  • Ample parking, ground-level access

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 4
  • 946 SF
  • Office/Retail
  • $238,180 CAD ($251.78 CAD/SF)
  • -
Sale Type Investment
Sale Notes
SVN | Stone Commercial Real Estate is pleased to present for sale the office condo at 121 Malabu Drive, Unit 4, in Lexington, KY. Conveniently located just off Nicholasville Road in a high-traffic retail corridor, this updated, ground-level unit is currently configured as a hair salon but could easily be reconfigured for a variety of other uses. The unit is currently leased to a hair salon tenant on a month-to-month basis, offering flexibility for an owner-user or investor. The space includes a small waiting room, multiple private offices, and a restroom, with ample parking and easy access. Please call Travis Rose 859-806-1591 for a showing.
Unit Unit Size Condo Use Price NOI
Unit 4 946 SF Office/Retail $238,180 CAD ($251.78 CAD/SF) -

Unit 4

Unit Size
946 SF
Condo Use
Office/Retail
Price
$238,180 CAD ($251.78 CAD/SF)
NOI
-

Unit 4

Unit Size 946 SF
Condo Use Office/Retail
Price $238,180 CAD ($251.78 CAD/SF)
NOI -
Sale Type Investment
Sale Notes
SVN | Stone Commercial Real Estate is pleased to present for sale the office condo at 121 Malabu Drive, Unit 4, in Lexington, KY. Conveniently located just off Nicholasville Road in a high-traffic retail corridor, this updated, ground-level unit is currently configured as a hair salon but could easily be reconfigured for a variety of other uses. The unit is currently leased to a hair salon tenant on a month-to-month basis, offering flexibility for an owner-user or investor. The space includes a small waiting room, multiple private offices, and a restroom, with ample parking and easy access. Please call Travis Rose 859-806-1591 for a showing.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 9,394 SF
Property Type
Office (Condo)
  • General Retail Storefront Retail/Office
Building Class C
Floors 1
Typical Floor Size 9,394 SF
Year Built 1969
Lot Size 0.80 AC
Parking Ratio 2.55/1,000 SF
Zoning P-1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 41508808

  • Date on Market: 2026-07-31

  • Last Updated:

  • Address: 121 Malabu Dr, Lexington, KY 40503

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