38,800 SF manufacturing Facility For Sale

Industrial for Sale
Catylist Listing ID: 30852264
Property Subtypes: Manufacturing
Building Size (RSF): 38,800 SF
Gross Land Area: 2.63 Acres
Sale Price: $2,900,000
Unit Price: $74.74 PSF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2024

Overview / Comments

We are pleased to offer this opportunity to purchase a 38,800 sf industrial (I-1) building located in Lexington, KY. The building sits on +/-2.63 acres and is positioned for manufacturing, distribution, and warehousing space. The property is located less than 4 miles from the I-75/I-64 interchange which provides logistical ease to the densely populated East Coast.

The building is set up with approximately 5,000 sf of finished office space and 33,800 sf of high grade manufacturing space. The office space contains 8 private offices, kitchenette, conference room, and men and women's restrooms, as well as a second story mezzanine (not included in the SF).

The manufacturing space boasts over 4,000 amps of recently upgraded heavy power. The property features 19'9"+/- ft peak height sloping down to 13 ft eaves. The warehouse contains upgraded high efficiency LED lighting and HVLS (Big Ass) Fans. Other manufacturing benefits include gas fired radiant heaters, compressed air system, enclosed paint booth, sprinkler system, as well as two docks and two grade level drive in doors.

38,800 SF (I-1)
5,000 SF Office/33,800 Manufacturing Space
+/- 2.63 Acres
19'9" Clear Height Sloping to 13' Eaves
2 Dock High Doors with Levelers
2 Grade Level Drive in Doors
Heavy Power (4,000 amps)

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 13208975
Zoning: I-1
Tenancy: Single Tenant
Total Parking Spaces: 1,975
Sprinklers: Dry

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,794 58,488 145,069
Median Age: 31.37 33.26 34.73
Households: 2,337 22,783 58,276
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