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
Data last updated: September 26, 2026 3:37 AM UTC and updating occurs daily
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