Listing provided courtesy of The Gibson Company- MLS# 25507333MLS Provider

763-765 Lane Allen RoadLexington, KY 40504

Commercial · 2,654 Sq. ft. | 0.21 Acres
$650,000 Active

763-765 Lane Allen Road Overview

Time on Site:
207 days
Visits:
8

Multi-Tenant building for SALE on high visibility location of Lane Allen Rd., across the street from Home Depot and close to the Broadway/Harrodsburg Rd intersection. Two private tenant entrances with street level and upper level SF, approx. 1327 SF on both sides. Total of 2654 SF above grade + an additional 1830 SF below grade space (2 spaces approx 915 SF each), currently used as a meeting area in one below grade space and storage/contractor space in the other. 765: Currently owner occupied and used as a contractor office with reception area, private offices and kitchen. (Basic conference space and storage of contractor items, ladders... in below grade SF spaces). 763: Tenant occupied as a salon space for many years. B-1 zoned for an array of Uses. Perfect for an Owner Occupant with income from other Tenant(s). Recent Upgrades: * Complete renovation of interior spaces including new paint, flooring, smooth ceilings * Repairs and painting of Exterior * New Fence and newly painted * Enlarged parking lot with new paving and stripes * Solar panels installed on roof * Two new staircases at back entrances *New AC unit in 763 Lane Allen side

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763-765 Lane Allen Road Facts & Features

  • Type Commercial
  • Sq. ft. 2,654
  • Price/Sq.ft. $245
  • Lot 0.21 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Other

Building Information

  • Year Built: 1952

Business Information

  • Business Type: Commercial

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 004 - Fayette County SW
  • MLS Area Minor: 004 - Fayette County SW
  • Subdivision Name: Commercial

General Information

  • Parcel Number: 25932000
  • Property Sub Type: Retail
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 4484.0
  • Building Area Units: Square Feet

General Information

  • Building Features: Kitchen Facilities
  • Leasable Area: 4484.0
  • Living Area: 2654.0
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: On Site,Paved
  • Parking Total: 16.0

Lot Information

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Square Feet: 9147.6
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false

763-765 Lane Allen Road Neighborhood

Community

40504 (Lexington) Demographics

30
Median Age
4,468
Population Density (per sq. mile)
37%
College Educated
$38,634
Estimated Median Income
3,561
Estimated Total Home Owners
7,932
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

763-765 Lane Allen Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

763-765 Lane Allen Road Market Data

Based on the last 30 days in this zip code

$363,503
Average List Price
$182
Average Price per Square Foot
17
Properties Sold
65
Average Days on Market
47
Properties for Sale
Calculations provided by Reliance Network

763-765 Lane Allen Road History

Date Event Value Agent
4/23/2026Source: Imagine MLS/Bluegrass Price Reduction
$650,000 -3.7%
4/7/2026Source: Imagine MLS/Bluegrass Price Reduction
$675,000 -2.9%
12/4/2025Source: Imagine MLS/Bluegrass Added to Database
December 04, 2025