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Listing provided courtesy of ERA Select Real Estate- MLS# 26012647MLS Provider

1508 Versailles RoadLexington, KY 40504

Commercial · 3,400 Sq. ft. | 0.44 Acres
$450,000 Active

1508 Versailles Road Overview

Time on Site:
27 days
Visits:
3

LOCATION. VISIBILITY. OPPORTUNITY. Rarely does a commercial opportunity in such a strategic location become available. Situated on approximately 0.43 acres along highly traveled Versailles Road, 1508 Versailles Road offers exceptional potential for redevelopment, investment, or a future business venture. Conveniently located just minutes from downtown Lexington, New Circle Road, and major commercial corridors, this property benefits from outstanding accessibility and exposure. The true value lies in the land and location, making this an ideal opportunity for investors, developers, or entrepreneurs seeking a prime site in a growing area. Whether your vision includes retail, office, service-based business, or redevelopment, this property provides a blank canvas in a location that continues to see strong demand. Property is being sold as-is. Bring your vision and capitalize on this exceptional Versailles Road opportunity.

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1508 Versailles Road Facts & Features

  • Type Commercial
  • Sq. ft. 3,400
  • Price/Sq.ft. $132
  • Lot 0.44 Acres

Details

General

Building Information

  • Year Built: 1994

Business Information

  • Business Type: Other

Location/Region

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

General Information

  • Parcel Number: 23691285
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: R-1B

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 3400.0
  • Building Area Units: Square Feet

General Information

  • Cooling: false
  • Living Area: 3400.0
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Parking Total: 67.0

Lot Information

  • Lot Size Acres: 0.436
  • Lot Size Area: 0.44
  • Lot Size Square Feet: 19001.0
  • Lot Size Units: Acres

1508 Versailles 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.

1508 Versailles Road Monthly Cost

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$ %
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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.

1508 Versailles 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

1508 Versailles Road History

Date Event Value Agent
6/2/2026Source: Imagine MLS/Bluegrass Added to Database
June 02, 2026