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Nicholasville Road Development Site

2395 Nicholasville Rd, Lexington, KY 40503

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Overview

We are pleased to present a rare redevelopment opportunity along Nicholasville Road, Lexington’s dominant corridor for healthcare, retail, and daily commuter traffic. This 1.61-acre assemblage includes three contiguous parcels at 2395 Nicholasville Road, 131 Pasadena Drive, and 147 Pasadena Drive. The site has access to a signalized intersection directly across through Pasadena Drive and offers excellent visibility, access, and lucrative zoning.

With frontage along both Nicholasville Road and Pasadena Drive, this property is ideally positioned for retail, medical, multifamily, or mixed-use development. The surrounding area includes dense residential neighborhoods, retail destinations, and major medical and institutional anchors. High traffic counts and strong demographics make this one of the most strategically located redevelopment sites remaining along the Nicholasville corridor.

Highlights:

±1.61-acre corner assemblage near intersection of Nicholasville Rd and Pasadena Dr

Zoned B-1 and R-1C, offering retail, medical, and potential multifamily redevelopment flexibility

Nicholasville Rd frontage with full access Nicholasville Road and Pasadena Drive

45,000+ VPD

Prime infill location surrounded by dense rooftops, Class A retail, and major medical anchors

For Sale

Retail

Secondary Uses: Showroom

Sale Price
$1,800,000
Price Per SF
$214.3/SF
Building Size
8,400 SF
Acres
0.36 ac
Zoning
B-1
# of Buildings
1
Floors
1
Year Built
1959
Construction Type
Framed
Parking Spaces
26
Property Status
Existing
Lot Size
75' wide
County
Fayette
Listed
03/30/2026
Updated
03/30/2026
Listing ID
6e95743d
Parcel APN
13304200