1498 Boardwalk, Lexington, KY 40511
New Listing
$120,000
Property Type:
Commercial Lease
Square Footage:
2,588
Lot Size (sq. ft.):
28,750
Status:
Active
Current Price:
$120,000
List Date:
5/13/2026
Last Modified:
5/13/2026
Description
Freestanding retail building available for ground lease. Excellent location just off New Circle Road, the property offers high visibility, easy accessibility, and connectivity throughout Lexington with convenient access to I-64, I-75, downtown Lexington, and surrounding commercial areas. The site is positioned within a strong commercial and healthcare trade area surrounded by established residential neighborhoods, retail, office, and medical users. The property offers ample parking, easy ingress/egress, and strong accessibility for patients and employees.
Supplements: ********
More Information MLS# 26010764
Listing Information
Comp Sale YN: No
Property Sub Type: Office
Address
Parcel Number: 16696756
County: Fayette
Street Number: 1498
Street Name: Boardwalk
State: KY
Zip Code: 40511
Contract
Start Showing Date: 2026-05-13
Listing Agreement: Exclusive Right To Lease
Lease Term: 12 Months
Office Exclusive YN: No
Lease Price/SqFt: 46.37
Current Price: $120,000
Original List Price: 120000
Status: Active
Listing Contract Date: 2026-05-13
List Price: $120,000
Tax & Legal
Zoning: Other
Zoning Description: B-6P- Planned Shopping Center
Directions: Continue onto KY-4 N/W New Cir Rd, turn right onto Boardwalk, turn left and destination will be on the left.
Association/Community
Number Of Buildings: 1
Accessibility Features YN: Yes
Interior
Living Area Units: Square Feet
Building Area Total: 2588
Building Area Source: Public Records
Building Area Units: Square Feet
Lot
Lot Size Acres: 0.66
Lot Size Square Feet: 28749.6
Remarks
Public Remarks: Freestanding retail building available for ground lease. Excellent location just off New Circle Road, the property offers high visibility, easy accessibility, and connectivity throughout Lexington with convenient access to I-64, I-75, downtown Lexington, and surrounding commercial areas. The site is positioned within a strong commercial and healthcare trade area surrounded by established residential neighborhoods, retail, office, and medical users. The property offers ample parking, easy ingress/egress, and strong accessibility for patients and employees.
Parking Features
On Site: 1
Paved: 1
Possession
Negotiable: 1
Business Type
Commercial: 1
Professional Service: 1
Professional/Office: 1
Other: 1
Existing Lease Type
NNN: 1
Tenant Pays
Common Area Maintenance: 1
Electricity: 1
Exterior Maintenance: 1
Insurance: 1
Interior Maintenance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Other: 1
Lease Details
Lease Amount Frequency: Annually
Showing Requirements
Call Listing Agent: 1
Status Change Information
Status Change Timestamp: 2026-05-13
Tax Legal
MLS Area Major: 002 - Fayette County NE
Subdivision Name: Commercial
Building
Year Built: 1987
Property Features
Business Type: Commercial; Professional Service; Professional/Office; Other
Existing Lease Type: NNN
Parking Features: On Site; Paved
Possession: Negotiable
Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Insurance; Interior Maintenance; Sewer; Taxes; Trash Collection; Water; Other
Showing Requirements: Call Listing Agent
Documents
Brochure ›
Listing Office:
Keller Williams Commonwealth
Last Updated: May - 13 - 2026
Information deemed reliable but not guaranteed.
