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216 Southland Dr

0.47 Acres of Commercial Land Offered at $799,000 in Lexington, KY 40503

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Executive Summary

Excellent commercial corner lot, zoned B-1 and located on one of Lexington's best known and busiest business corridors, with a traffic count of +/- 13,200 cars per day. Great location for a coffee shop, doughnut shop, telephone store, bank branch, just to name a few. Southland Drive was the subject of an extensive renovation project in 2020. The renovations included installation of new sidewalks, drainage system improvements, lots of new landscaping, new pavement, and widening of the street to allow for the new center turning lane, as well as new bicycle lanes running from end to end. The improvements served to make a very desirable business area, even more desirable.

Plat Map

Property Facts

Price	$799,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Fast Food Restaurant
No. Lots	1	Total Lot Size	0.47 AC
Property Type	Land

Price	$799,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Fast Food Restaurant
Total Lot Size	0.47 AC

1 Lot Available

Lot

Price	$799,000	Lot Size	0.47 AC
Price Per AC	$1,700,000

Price	$799,000
Price Per AC	$1,700,000
Lot Size	0.47 AC

Excellent commercial corner lot, zoned B-1 and located on one of Lexington's best known and busiest business corridors. The property was formerly a gas station.

Description

The property was formerly a gas station. The building has been removed. Shield Environmental Associates has removed underground gas tanks, and is currently working to finish the site remediation work.

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