LOCATION. VISIBILITY. OPPORTUNITY. Rarely does a commercial opportunity in such a strategic location become available. Situated on approximately 0.43 acres along highly traveled Versailles Road, 1508 Versailles Road offers exceptional potential for redevelopment, investment, or a future business venture. Conveniently located just minutes from downtown Lexington, New Circle Road, and major commercial corridors, this property benefits from outstanding accessibility and exposure. The true value lies in the land and location, making this an ideal opportunity for investors, developers, or entrepreneurs seeking a prime site in a growing area. Whether your vision includes retail, office, service-based business, or redevelopment, this property provides a blank canvas in a location that continues to see strong demand. Property is being sold as-is. Bring your vision and capitalize on this exceptional Versailles Road opportunity.
| MLS # | 26012647 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1994 |
| Days On Site | 84 |
| Listing Provided By | ERA Select Real Estate | Kimberly Holtegel |
| SQ Feet | 3,400 |
|---|---|
| Zoning | R-1B |
| Acreage | 0.44 |
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40504 |
| Area | 004 Fayette County SW |
| Subarea | Fayette County SW |
| Community Name | Westwood |
| Listing VS Median (in Westwood) | |
Price: $400,000 low | high Med: $235,000 sqft: 3,400 low | high Med: 2,252 $ / sqft: $118 low | high Med: $104 On site: 84 low | high Med: 48 | |
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40504 |
| Area | 004 Fayette County SW |
| Subarea | Fayette County SW |
| Community Name | Westwood |
| Listing VS Median (in Westwood) | |
Price: $400,000 low | high Med: $235,000 sqft: 3,400 low | high Med: 2,252 $ / sqft: $118 low | high Med: $104 On site: 84 low | high Med: 48 | |