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1051 Newtown Pike Lexington, KY 40511

86,700 SF Multi-Use Business Center

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Overview

Added:
Dec 11, 2024
Days on market:
135
Newtown Business Center, located at 1051 Newtown Pike in Lexington, Kentucky, presents a unique investment opportunity. This four-building complex, totaling 86,700 square feet, sits on a 9.88-acre lot and offers a diverse range of spaces suitable for retail, office, industrial, and flex uses. Currently, 2,748 square feet of space is available for lease. The property boasts ample parking and is conveniently situated at the intersection of Newtown Pike and New Circle Road, providing easy access to downtown Lexington, Interstates 75/64, and Blue Grass Airport. Built in 1982, the buildings are zoned B-1 (Neighborhood Business) and I-1 (Light Industrial), offering flexibility for a variety of businesses. The property's multiple tenancy allows for diverse occupancy and potential for strong rental income. This prime location in Fayette County, Kentucky, zip code 40511, offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a versatile and strategically located space. The property's size and zoning provide significant potential for future development or expansion. This is a rare opportunity to acquire a well-established multi-use property in a thriving Kentucky market.

Highlights

  • 86,700 SF four-building mixed-use complex on 9.88 acres.
  • 2,748 SF currently available for lease.
  • Ample parking.
  • Excellent location at Newtown Pike & New Circle Road, providing easy access to downtown Lexington, I-75/64, and Blue Grass Airport.
  • High traffic count of approximately 39,271 vehicles per day.
  • B-1 (Neighborhood Business) & I-1 (Light Industrial) zoning.

Property Details for 1051 Newtown Pike

Property type
Warehouses, Retail properties
RSF (Rentable sq. ft)
86,700 SF
Year Built
1982
Buildings
4

Unit(s) available at that property

Space
Bldg 1051, Suite 136
Size
2,748 SF

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0769156
Longitude
-84.4950969

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FAQs

What type of property is this?
Warehouse - 86,700 SF Multi-Use Business Center
Where is the warehouse located?
The property is located at 1051 Newtown Pike Lexington, KY.
What are key features of this property?
This property features: 86,700 SF four-building mixed-use complex on 9.88 acres.; 2,748 SF currently available for lease.; Ample parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Chad Voelkert
Chad Voelkert
Visit Broker Website

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Useful Information

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Newtown Pike
Lexington, KY 40511

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Newtown Pike
Lexington, KY 40511

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1051 Newtown Pike
  • Chad Voelkert
    Chad Voelkert
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