Address
435 E New Circle Road, Lexington, KY
Price
$ 1,340,000
Property Attributes
  • MLS#26023843
  • TypeCommercial
  • Listing Status Active
  • CountyFAYETTE
  • CityLexington
  • Area002 - Fayette County NE
  • NeighborhoodCommercial
  • Zip40505
  • StyleRetail
  • Year Built2016
  • Price$ 1,340,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2400
  • Lot Size0.65 Acres
Data Source:
ImagineMLS
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.

Price History
8/31/2026 Listed $1,340,000

General Features

Utilities Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Zoning B-3
Year Built 2016
Property Subtype Retail
Parcel Number 23903001
Business Type Retail,Professional/Office,Professional Service,Commercial
Business Name Paradise Motorsports
County Fayette
New Construction No
Property Type Commercial Sale
Attached Garage No
Subdivision Name Commercial
Status Active
Directions Off E New Circle Road,between N Broadway and Winchester Road
City Lexington
Zoning Description B-3 - HIGHWAY SERVICE BUSINESS
MLS Area 002 - Fayette County NE
Lot Size Units Acres
Lot Size Square Feet 28401.12
Land Lease Y/N No
MLS Area Minor 002 - Fayette County NE
Leasable Area 2400.0
Lease Considered Y/N No
Rent Control Y/N No
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No

Exterior Features

Parking Features On Site,Paved
Lot Size Area 0.65
Number of Buildings 1
Building Area Total 2400.0
Lot Size Acres 0.65
Crops Included Y/N No
Irrigation Water Rights Y/N No
ExteriorFeatures@Core.Permissions None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 40505

Price
AVG $1.69M
$1.34M
Year Built
AVG 1990
2016

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