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1031 Wellington Way
Lexington, KY 40513

$140,000 USD

Medical Condo For Sale  •  584 SF

Property Details

  • Property Type Medical
  • Total Building Size 21,000 SF
  • Lot Size 1.56 AC
  • Building Class A
  • Year Built 2006
  • Tenancy Multiple
  • Zoning P-1
23 Transit Score
58 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 230 Office 584 SF $140,000 USD
  • Unit Size: 584 SF
  • Condo Use: Office
  • Price: $140,000 USD
  • Sale Type: Owner User
  • Price/SF: $239.73 USD
Description
A Data-Driven Commercial Investment! 1031 Wellington Way Unit 230 offers a rare combination of passive income potential and strategic location fundamentals. Situated in a P-1 zone supported by a massive daytime workforce of nearly 40,000 employees and a wealthy residential base ($104k+ Median Income), this asset is insulated by strong tenant demand. The location tells the story: 31,719+ daily traffic count, immediate access to Man O' War and New Circle, and a walkability to "Class A" amenities like Palomar Center. The unit features professional finishes, fiber optic internet, and updated LED lighting. With a low monthly HOA of $124 covering key utilities, the numbers make sense. Whether for an owner-user seeking equity or an investor seeking a safe hold in a prime zip code, this is a secure entry into the Lexington commercial market.
Directions: New Circle Rd. to Harrodsburg Rd. 1.3 miles to right onto Wellington Way, or Man-O-War to Harrodsburg Rd., left onto Wellington Way. When facing the building, enter on the right side. Take stairway to the left to second floor. Unit 230 is on the left. Latitude: 38.005841 Longitude: -84.569915

Sale Notes
Call Listing Agent; No Sign; Restricted Hours; Showing Service
Showing Information: Showing Contact Phone: 352-251-6763; Showing Instructions: No showings on Friday. During Business hours (M-F, 9 a.m. - 4 .m.) please call ahead as the unit may be in use. Current tenant is month-to-month and will vacate when sold.

Description 

A Data-Driven Commercial Investment! 1031 Wellington Way Unit 230 offers a rare combination of passive income potential and strategic location fundamentals. Situated in a P-1 zone supported by a massive daytime workforce of nearly 40,000 employees and a wealthy residential base ($104k+ Median Income), this asset is insulated by strong tenant demand. The location tells the story: 31,719+ daily traffic count, immediate access to Man O' War and New Circle, and a walkability to "Class A" amenities like Palomar Center. The unit features professional finishes, fiber optic internet, and updated LED lighting. With a low monthly HOA of $124 covering key utilities, the numbers make sense. Whether for an owner-user seeking equity or an investor seeking a safe hold in a prime zip code, this is a secure entry into the Lexington commercial market.
Directions: New Circle Rd. to Harrodsburg Rd. 1.3 miles to right onto Wellington Way, or Man-O-War to Harrodsburg Rd., left onto Wellington Way. When facing the building, enter on the right side. Take stairway to the left to second floor. Unit 230 is on the left. Latitude: 38.005841 Longitude: -84.569915

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Blue Grass 13 min - 6.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Marcos Gil 352-251-6763 Berkshire Hathaway HomeServices Foster, REALTORS
Marcos Gil 352-251-6763 Berkshire Hathaway HomeServices Foster, REALTORS