5584 Versailles Road

$525,000, 6,158 Sqft 2.35 Acres

About This Property

Great investment property. Rental income provides an attractive ROI. Non-conforming commercial retail property is the only retail sales property on Versailles Road within Fayette County until inside New Circle Rd. Easy to manage. Cap Rate approx. 10.6%. Current leases will transfer. Retail business and inventory may be available for sale as separate transaction. Seller owns both real estate and operates retail business. Seller is flexible. Approx. 50K vehicles pass the location daily.

Essential Information

MLS® #1919079
Price$525,000
Bathrooms0.00
Square Footage6,158
Acres2.35
TypeCommercial
Sub-TypeMixed Use, Restaurant, Retail
StatusActive

Community Information

Address5584 Versailles Road
AreaFayette County SW 4
SubdivisionCardinal Valley
CityLexington
CountyFayette
StateKY
Zip Code40510

Amenities

ParkingOn Site, Paved

Utilities

Electricity Cnnectd, Natrl Gas Connected, Water Connected, Telephone

Features

Air Conditioning, Hot Water Heater, 100/200 Amp, 200/400 Amp, 3 Phase Electricity, Security Alarm

Interior

# of Stories1
StoriesOne

Exterior

RoofShingle Composition
ConstructionBrick, Glass, Vinyl

Additional Information

Date ListedAugust 26th, 2019

Zoning

AR (Commercial Land Use 430-C Retail)

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Listing Provided Courtesy of: Top Ten Realty

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