435 E New Circle Rd, Lexington, KY 40505

$1,340,000

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List Price
$1,340,000
Status
ACTIVE
Days on Market
17
MLS#
26023843
Subtype
Commercial Sale
Year Built
2016
Lot Size
28,401
Acres
0.65
Subdivision
Commercial
Neighborhood
002 - Fayette County NE
MLS Area Major
002 - Fayette County NE

Property Description

Rare opportunity to acquire a turnkey luxury auto dealership and established business along E New Circle Road. The offering includes two parcels totaling 0.652 acres, a modern, beautifully renovated freestanding 2,400 SF office/showroom, and the Paradise Motorsports business, which has successfully operated at this location for 23 years. The property offers excellent visibility and accessibility with 18,398 VPD and includes existing furniture, fixtures, and equipment. With new auto dealership licenses restricted due to zoning and regulatory requirements, this is a unique opportunity to take over an established dealership location with an existing customer base and strong reputation, including a 4.6-star Google rating, 4.9 KBB.com Dealer Rating, and A+ BBB rating.

Additional Information

Zoning
B-3
Parking Features
On Site, Paved

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Calculator source: Real Geeks

Listing courtesy of Bryan Little of Keller Williams Commonwealth.