$120,000
$140,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
584 SqFt
SOLD DATE : 02/03/2026
Key Details
Sold Price $120,000
Property Type Vacant Land
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 584 sqft
Price per Sqft $205
Subdivision Wellington
MLS Listing ID 25507689
Sold Date 02/03/26
Year Built 2005
Property Sub-Type Office
Property Description
A Data-Driven Commercial Investment! 1031 Wellington Way Unit 230 offers a rare combination of passive income potential and strategic location fundamentals. Situated in a P-1 zone supported by a massive daytime workforce of nearly 40,000 employees and a wealthy residential base ($104k+ Median Income), this asset is insulated by strong tenant demand. The location tells the story: 31,719+ daily traffic count, immediate access to Man O' War and New Circle, and a walkability to "Class A" amenities like Palomar Center. The unit features professional finishes, fiber optic internet, and updated LED lighting. With a low monthly HOA of $124 covering key utilities, the numbers make sense. Whether for an owner-user seeking equity or an investor seeking a safe hold in a prime zip code, this is a secure entry into the Lexington commercial market.
Location
State KY
County Fayette
Zoning P-1
Interior
Heating Electric, Heat Pump
Cooling Central Air
Exterior
Parking Features On Site, Paved, Other
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
View Y/N N
Roof Type Metal
Handicap Access No
Private Pool No
Building
Sewer Public Sewer
Others
Special Listing Condition Standard
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