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2395 Nicholasville Rd 4,891 SF Retail Building Lexington, KY 40503 $2,461,824 CAD ($503.34 CAD/SF)
Investment Highlights
- ±1.61-acre corner assemblage near intersection of Nicholasville Rd and Pasadena Dr
- Nicholasville Rd frontage with full access Nicholasville Road and Pasadena Drive
- Prime infill location surrounded by dense rooftops, Class A retail, and major medical anchors
- Zoned B-1 and R-1C, offering retail, medical, and potential multifamily redevelopment flexibility
- 45,000+ VPD
Executive Summary
SVN Stone Commercial is pleased to present a rare redevelopment opportunity along Nicholasville Road, Lexington’s dominant corridor for healthcare, retail, and daily commuter traffic. This 1.61-acre assemblage includes three contiguous parcels at 2395 Nicholasville Road, 131 Pasadena Drive, and 147 Pasadena Drive. The site has access to a signalized intersection directly across through Pasadena Drive and offers excellent visibility, access, and lucrative zoning.
With frontage along both Nicholasville Road and Pasadena Drive, this property is ideally positioned for retail, medical, multifamily, or mixed-use development. The surrounding area includes dense residential neighborhoods, retail destinations, and major medical and institutional anchors. High traffic counts and strong demographics make this one of the most strategically located redevelopment sites remaining along the Nicholasville corridor.
For more information or to schedule a tour, please contact Weston Lockhart at weston.lockhart@svn.com // 859.317.3538 or Nathan Dilly at nathan.dilly@svn.com //859.420.5492.
With frontage along both Nicholasville Road and Pasadena Drive, this property is ideally positioned for retail, medical, multifamily, or mixed-use development. The surrounding area includes dense residential neighborhoods, retail destinations, and major medical and institutional anchors. High traffic counts and strong demographics make this one of the most strategically located redevelopment sites remaining along the Nicholasville corridor.
For more information or to schedule a tour, please contact Weston Lockhart at weston.lockhart@svn.com // 859.317.3538 or Nathan Dilly at nathan.dilly@svn.com //859.420.5492.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,891 SF
Building Class
C
Year Built
1959
Price
$2,461,824 CAD
Price Per SF
$503.34 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.36 AC
Zoning
B-1
Parking
24 Spaces (4.91 Spaces per 1,000 SF Leased)
Frontage
161’ on Nicholasville Rd
Amenities
- Pylon Sign
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13304200 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,025,775 CAD |
Property Taxes
Parcel Number
13304200
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,025,775 CAD
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2395 Nicholasville Rd
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