Lexington, KY 40505,2216 Young Drive
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Lexington, KY 40505,2216 Young Drive
Lexington, KY 40505,2216 Young Drive
Lexington, KY 40505,2216 Young Drive
Lexington, KY 40505,2216 Young Drive

$955,000

$995,000

4.0%
Est.Price: ?

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2216 Young Drive Lexington, KY 40505

13,574 SqFt

SOLD DATE : 05/14/2025

Key Details

Sold Price $955,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 13,574 sqft

Price per Sqft $70

Subdivision Commercial

MLS Listing ID 25006378

Sold Date 05/14/25

Year Built 1969

Lot Size 0.870 Acres

Property Description

Block+Lot is excited to present 2216 Young Drive, Lexington, KY, a premier office opportunity nestled in one of Lexington's most desirable submarkets. This property is comprised of two single-story office buildings, totaling ±13,574 SF on ±0.87 acres zoned P-1, and features 38 parking spaces.

These well-maintained buildings feature 8 fully occupied units, each with private entrances, monument signage, efficient layouts, and newer HVAC units installed in 2021. The single-story design enhances accessibility and tenant appeal. With upcoming lease expirations, 2216 Young Drive offers a compelling value-add opportunity, enabling investors or owner-occupants to maximize returns through strategic lease renewals, recapture of pass through expenses, and other value-enhancing strategies.

Contact agent for access to financials and rent roll.

Property Highlights:
-Convenient parking on all three sides of the building totaling 38 spaces
-Prime location in the desirable Idle Hour submarket
-Buildings are 100% occupied. Contact agent for access to financials and rent roll
-Private entrances and 24/7 access for each suite
-Significant long-term value-add opportunity

Location

State KY

County Fayette

Exterior

View Y/N N

Handicap Access No

Private Pool No

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Block + Lot Real Estate
agent

Rocio Gonzalez

Business Development Manager / Realtor

+1(606) 404-2155

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