196 E. New Circle Road

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30385439
Property Subtypes: Street Retail
Building Size (RSF): 24,000 SF
Gross Land Area: 80 - 0.80 Acres
Sale Price: $1,300,000
Unit Price: $54.17 PSF
Property Use Type: Vacant/Owner-User
Building Name: 196 E. New Circle Road
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2019

Overview / Comments

24,000 +/- square foot building with New Circle Road frontage zoned B-3. This property consists of approximately 14,000 square feet of retail space and 10,000 square feet of warehouse with high traffic counts, great visibility and signage. This is a great opportunity for a retail owner occupant. There is one loading dock and one drive through door into the building. The current tenants are Home Accessories and Nursery Time.

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 45383300
Zoning: B-3
Retail Clientele: Family
Property Located Between: North Limestone and Bryan Ave
Property Visibility: Excellent
Largest Nearby Street: New Circle Road
Feet of Frontage: 105
Airports: Bluegrass Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1959
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Block and brick building
Parking Type: Surface
Zoning Description: B-3 Highway Service Business
Lot Frontage: 105 feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,109 90,212 193,649
Median Age: 40.13 34.14 35.1
Households: 5,478 37,599 81,489

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