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.
| MLS # | 26023843 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Building Name | Paradise Motorsports |
| Sub-Type | Resale |
| Status | Active |
| Year | 2016 |
| Days On Site | 11 |
| Listing Provided By | Keller Williams Commonwealth | Bryan Little |
| SQ Feet | 2,400 |
|---|---|
| Building(s) | 1 |
| Zoning | B-3 |
| Acreage | 0.65 |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Paved |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40505 |
| Area | 002 Fayette County NE |
| Subarea | Fayette County NE |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $1,340,000 low | high Med: $39,999 sqft: 2,400 low | high Med: 845 $ / sqft: $558 low | high Med: $47 On site: 11 low | high Med: 60 | |
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40505 |
| Area | 002 Fayette County NE |
| Subarea | Fayette County NE |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $1,340,000 low | high Med: $39,999 sqft: 2,400 low | high Med: 845 $ / sqft: $558 low | high Med: $47 On site: 11 low | high Med: 60 | |