**Prime ±0.40-acre B-1 zoned commercial redevelopment opportunity in the core of Lexington's established Winchester Road corridor. The site offers approximately 150 feet of frontage along Winchester Road with an additional ±125 feet of highly visible corner exposure, positioned on one of the area's most heavily traveled retail arterials with traffic counts of ±32,000 vehicles per day. Immediate access to New Circle Road and I-75 provides exceptional local and regional connectivity. The property benefits from a previously approved Conditional Use Permit for a drive-through facility (LFUCG Board of Adjustment Case PLN-BOA-23-00006), significantly reducing entitlement timelines and creating a clear path for restaurant, coffee, banking, pharmacy, medical, or other drive-through users. Its efficient rectangular configuration (approximately 150' × 125') allows for highly functional site planning and is ideally suited for a single-tenant net-lease pad, build-to-suit opportunity, or neighborhood retail concept. Environmental remediation is state-managed and actively progressing through a defined regulatory pathway toward a No Further Action (NFA) determination. The site is located within a dense in-town trade area with more than 96,000 residents within a 3-mile radius and over 211,000 residents within 5 miles and is surrounded by a strong mix of national and regional retailers that generate consistent daily traffic and consumer draw.
| MLS # | 26003675 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 2026 |
| Days On Site | 187 |
| Listing Provided By | Legacy Real Estate Firm | Kimberly J DeRossett |
| Zoning | B-1 |
|---|---|
| Acreage | 0.40 |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Gravel, On Site, Paved |
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| 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: $919,900 low | high Med: $30,000 On site: 187 low | high Med: 93 | |
| 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: $919,900 low | high Med: $30,000 On site: 187 low | high Med: 93 | |