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121 Malabu Dr - TWO Retail/Office Condos For Sale 941 - 946 SF Office/Retail Condo Units Offered at $170,000 Per Unit in Lexington, KY 40503
Investment Highlights
- Prime location — high-traffic corridor directly off Nicholasville Rd
- Turnkey salon fit-up — updated, move-in ready
- Low HOA fee ($300/quarter) — covers roof and all exterior maintenance
- Current tenant paying month to month
- Clean, updated, stylish interior
- Ample parking, ground-level access
Executive Summary
SVN | Stone Commercial Real Estate is pleased to present for sale TWO office condos at 121 Malabu Drive, Units 4 & 7, in Lexington, KY. Conveniently located just off Nicholasville Road in a high-traffic retail corridor, these updated, ground-level units are currently configured as a hair salons but could easily be reconfigured for a variety of other uses. The units are currently leased to hair salon tenants on a month-to-month basis, offering flexibility for an owner-user or investor. The spaces include a small waiting room, multiple private offices, and a restroom, with ample parking and easy access. Please call Travis Rose 859-806-1591 for a showing.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
SVN | Stone Commercial Real Estate is pleased to present for sale the office condo at 121 Malabu Drive, Unit 4, in Lexington, KY. Conveniently located just off Nicholasville Road in a high-traffic retail corridor, this updated, ground-level unit is currently configured as a hair salon but could easily be reconfigured for a variety of other uses. The unit is currently leased to a hair salon tenant on a month-to-month basis, offering flexibility for an owner-user or investor. The space includes a small waiting room, multiple private offices, and a restroom, with ample parking and easy access. Please call Travis Rose 859-806-1591 for a showing.
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
SVN | Stone Commercial Real Estate is pleased to present for sale the office condo at 121 Malabu Drive, Unit 7, in Lexington, KY. Conveniently located just off Nicholasville Road in a high-traffic retail corridor, this updated, ground-level unit is currently configured as a hair salon but could easily be reconfigured for a variety of other uses. The unit is currently leased to a hair salon tenant on a month-to-month basis, offering flexibility for an owner-user or investor. The space includes a small waiting room, multiple private offices, and a restroom, with ample parking and easy access. Please call Travis Rose 859-806-1591 for a showing.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4 | 946 SF | Office/Retail | $170,000 ($179.70/SF) | - |
| Unit 7 | 941 SF | Office/Retail | $170,000 ($180.66/SF) | - |
Unit 4
| Unit Size |
| 946 SF |
| Condo Use |
| Office/Retail |
| Price |
| $170,000 ($179.70/SF) |
| NOI |
| - |
Unit 7
| Unit Size |
| 941 SF |
| Condo Use |
| Office/Retail |
| Price |
| $170,000 ($180.66/SF) |
| NOI |
| - |
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Unit 4
| Unit Size | 946 SF |
| Condo Use | Office/Retail |
| Price | $170,000 ($179.70/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| SVN | Stone Commercial Real Estate is pleased to present for sale the office condo at 121 Malabu Drive, Unit 4, in Lexington, KY. Conveniently located just off Nicholasville Road in a high-traffic retail corridor, this updated, ground-level unit is currently configured as a hair salon but could easily be reconfigured for a variety of other uses. The unit is currently leased to a hair salon tenant on a month-to-month basis, offering flexibility for an owner-user or investor. The space includes a small waiting room, multiple private offices, and a restroom, with ample parking and easy access. Please call Travis Rose 859-806-1591 for a showing.</li></ul> |
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 7
| Unit Size | 941 SF |
| Condo Use | Office/Retail |
| Price | $170,000 ($180.66/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| SVN | Stone Commercial Real Estate is pleased to present for sale the office condo at 121 Malabu Drive, Unit 7, in Lexington, KY. Conveniently located just off Nicholasville Road in a high-traffic retail corridor, this updated, ground-level unit is currently configured as a hair salon but could easily be reconfigured for a variety of other uses. The unit is currently leased to a hair salon tenant on a month-to-month basis, offering flexibility for an owner-user or investor. The space includes a small waiting room, multiple private offices, and a restroom, with ample parking and easy access. Please call Travis Rose 859-806-1591 for a showing.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 9,394 SF | Typical Floor Size | 9,394 SF |
| Property Type | Year Built | 1969 | |
| Building Class | C | Lot Size | 0.80 AC |
| Floors | 1 | Parking Ratio | 2.55/1,000 SF |
| Zoning | P-1 | ||
| Total Building Size | 9,394 SF |
| Property Type | |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 9,394 SF |
| Year Built | 1969 |
| Lot Size | 0.80 AC |
| Parking Ratio | 2.55/1,000 SF |
| Zoning | P-1 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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121 Malabu Dr - TWO Retail/Office Condos For Sale