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$1,360,000
2,400 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $566
Subdivision Commercial
MLS Listing ID 26013280
Year Built 2016
Lot Size 0.652 Acres
Acres 0.65
Property Sub-Type Retail
Property Description
Opportunity to own/lease the real estate and business at 435-445 E New Circle Road in Lexington, Kentucky, a turnkey luxury auto sales property located along Lexington's most heavily traveled road. The offering includes two parcels totaling 0.652 acres, a newly constructed 2,400 SF office/showroom, and the Paradise Motorsports auto sales business, which has successfully operated at this location for 23 years. After more than two decades of building a strong and reputable business, the owner is transitioning ownership to pursue other opportunities. The property benefits from 18,398 VPD, high visibility along E New Circle Road, strong traffic counts, and excellent accessibility, and includes all existing furniture, fixtures, and equipment. Due to zoning and regulatory restrictions, new auto dealership licenses are not being issued, creating a rare opportunity to acquire an established dealership location with an existing customer base. Paradise Motorsports maintains a strong reputation with 4.6 stars and 300 Google reviews, a 4.9 KBB.com Dealer Rating, and an A+ BBB rating, reflecting more than two decades of successful operation.
Location
State KY
County Fayette
Zoning Other
Exterior
View Y/N N
Handicap Access No
Private Pool No
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Listed by Keller Williams Commonwealth
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