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435 E New Circle Rd - Paradise Motorsports - Luxury Auto Dealership 2,400 SF Specialty Building Offered at $1,340,000 in Lexington, KY 40505
Investment Highlights
- Turnkey commercial property with established operating history.
- Includes existing furniture, fixtures, and equipment.
- Convenient access between North Broadway and Winchester Road.
- High visibility along E New Circle Road.
- Renovated office and showroom improvements in place.
- Freestanding building positioned on two commercial parcels.
Executive Summary
Rare opportunity to own a turnkey luxury auto dealership 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 own 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.
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 own 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.
Property Facts
| Price | $1,340,000 | Lot Size | 0.65 AC |
| Price Per SF | $558.33 | Building Size | 2,400 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2016 |
| Building Class | B | Parking Ratio | 27.5/1,000 SF |
| Zoning | B-3 | ||
| Price | $1,340,000 |
| Price Per SF | $558.33 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 0.65 AC |
| Building Size | 2,400 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Parking Ratio | 27.5/1,000 SF |
| Zoning | B-3 |
Amenities
- Signage
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $501,000 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$501,000
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