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$ 7,100,000
New
997 Governors Lane Lexington, KY 40513
31,208 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 31,208 sqft
Price per Sqft $227
Subdivision Commercial
MLS Listing ID 26027792
Year Built 2008
Lot Size 1.930 Acres
Acres 1.93
Property Sub-Type Office
Property Description
Prime Commercial Investment Opportunity. 100% Leased Professional Office Building in Beaumont Centre Exceptional opportunity to acquire a 100% leased, income-producing commercial property in Lexington's highly desirable Beaumont Centre. Offering immediate rental income and an established tenant base, 997 Governors Lane presents an attractive investment opportunity in one of Lexington's premier professional and commercial corridors. This well-maintained, three-story professional office building features approximately 31,208 square feet (30,085 leasable square feet), elevator service, approximately 50 parking spaces, and P-1 zoning. Recent capital improvements include a new roof completed in 2026 and a newly completed fit-up in a second floor suite for an incoming tenant. An August 2026 appraisal assigns the property an effective age of just 10 years, further enhancing its investment appeal. Strategically positioned in the heart of Beaumont Centre, the property offers excellent accessibility to Harrodsburg Road, Man O' War Boulevard, New Circle Road, and Blue Grass Airport. Surrounded by established businesses, professional offices, restaurants, shopping, and thriving residential communities, this sought-after location provides convenience, visibility, and long-term desirability. Fully leased, professionally positioned, and generating income from day one, 997 Governors Lane offers investors the opportunity to acquire an established commercial asset with recent improvements in a highly desirable Lexington location.
Location
State KY
County Fayette
Zoning Other
Exterior
Parking Features On Site, Paved
View Y/N N
Roof Type Membrane,Rubber
Handicap Access No
Private Pool No
Listed by Deborah Ball Realty