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    Lexington, KY
    Auto Shop

    Lexington, KY Auto Shops for Sale

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    Single-Story Automotive Repair Garage
    Updated: Jun 5
    Single-Story Automotive Repair Garage

    417 South Mill Street, Lexington, KY 40508

    $849,000
    4,332 sqft 0.23 AC lot
    0.23‑acre rectangular R‑2 zoned parcel with alley access in Lexington’s mixed‑use urban core
    +-4,300 SF single‑story brick/concrete block garage building with open bays and garage doors on Mill and Plunkett Streets
    Configured for automotive repair with two small offices, shop, shop restroom, and paint booth
    Shop is temperature controlled with two large suspended gas heaters and cross breeze from both bay doors opening
    Includes mezzanine for light storage; offices feature electric radiant baseboard heaters, a gas stove, and window cooling units
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    417 South Mill Street, Lexington, KY 40508

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $41K
      Annual

    • Mortgage

      $258K
      Jul 2019

    • Last Sold

      Jun 2025
      $700K

    • Property Type

      Auto Repair, Garage
      Built 1960
    View Property Analytics
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Georgetown Commercial Property with Lifts
    Georgetown Commercial Property with Lifts

    1015 Lexington Road, Georgetown, KY 40324

    $890,000
    4,000 sqft 0.55 AC lot

    Versatile commercial property in Georgetown, KY with automotive and warehouse potential.

    View details
    Car Wash with Multiple Bays
    Car Wash with Multiple Bays

    126 Shoppers Drive, Winchester, KY 40391

    $780,000
    3,080 sqft 0.79 AC lot

    Car wash facility features three drive-in bays plus an automatic wash, with an included two-bay oil change operation.

    View details
    Automotive/Warehouse Property with Lifts
    Automotive/Warehouse Property with Lifts

    1015 Lexington Road, Georgetown, KY 40324

    $890,000
    4,000 sqft

    Versatile property with lifts, office, and ample parking.

    View details
    Versatile Commercial Property Near I-64
    Versatile Commercial Property Near I-64

    1045 Early Drive, Winchester, KY 40391

    $300,000
    1,675 sqft 0.58 AC lot

    Commercial property with metal barn, easy access to I-64.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    2275 N Broadway, Lexington, KY 40505

    $375,000
    2.91 AC lot

    2.90-acre commercial parcel with high visibility and easy access.

    View details
    Middlesboro Commercial Land For Sale
    Middlesboro Commercial Land For Sale

    321 Chester Avenue, Middlesboro, KY 40965

    $275,000
    73,616 sqft 1.70 AC lot

    1.695 acres of B3-zoned land in Middlesboro, Kentucky.

    View details
    Corner Commercial Land Site
    Corner Commercial Land Site

    1401 S Meridian Street, Indianapolis, IN 46225

    $74,000
    0.12 AC lot

    Corner lot with full frontage on two city streets and utilities available, positioned for a broad range of commercial uses.

    View details
    Vacant Land Near Distribution Centers
    Vacant Land Near Distribution Centers

    2690 London Groveport Road, Groveport, OH 43125

    $199,900
    65,340 sqft 1.50 AC lot

    1.5 acre development site near Rickenbacker and Alum Creek.

    View details

    Off-Market Properties in Lexington, KY

    Consider similar Off-Market properties in Lexington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    213 Blue Sky Pkwy
    AUTO REPAIR, GARAGE

    213 Blue Sky Pkwy, Lexington, KY 40509-9419

    $14,155,000
    Estimated value
    48,304 sqft 36.77 AC lot
    View details
    901 Newtown Pike
    AUTO REPAIR, GARAGE

    901 Newtown Pike, Lexington, KY 40511-1855

    Value Estimation by Request
    1,402 sqft 0.34 AC lot
    View details
    1408 Leestown Rd
    AUTO REPAIR, GARAGE

    1408 Leestown Rd, Lexington, KY 40511-2040

    Value Estimation by Request
    3,456 sqft 0.19 AC lot
    View details
    1400 Versailles Rd
    AUTO REPAIR, GARAGE

    1400 Versailles Rd, Lexington, KY 40504-1119

    $775,000
    Estimated value
    3,330 sqft 0.39 AC lot
    View details
    1031 Contract St
    AUTO REPAIR, GARAGE

    1031 Contract St, Lexington, KY 40505-3666

    $2,255,000
    Estimated value
    6,500 sqft 0.82 AC lot
    View details
    1400 Leestown Rd
    AUTO REPAIR, GARAGE

    1400 Leestown Rd, Lexington, KY 40511-2040

    Value Estimation by Request
    2,132 sqft 0.34 AC lot
    View details
    5548 Athens Boonesboro Rd
    AUTO REPAIR, GARAGE

    5548 Athens Boonesboro Rd, Lexington, KY 40509-9491

    Value Estimation by Request
    1,672 sqft 0.47 AC lot
    View details
    403 Southland Dr
    AUTO REPAIR, GARAGE

    403 Southland Dr, Lexington, KY 40503-1826

    $1,940,000
    Estimated value
    6,420 sqft 0.41 AC lot
    View details
    993 Nandino Blvd
    AUTO REPAIR, GARAGE

    993 Nandino Blvd, Lexington, KY 40511-1225

    $2,220,000
    Estimated value
    9,510 sqft 2.22 AC lot
    View details
    652 2nd St
    AUTO REPAIR, GARAGE

    652 2nd St, Lexington, KY 40508-1262

    $990,000
    Estimated value
    5,600 sqft 0.13 AC lot
    View details
    119 Luigart Ct
    AUTO REPAIR, GARAGE

    119 Luigart Ct, Lexington, KY 40508-1686

    $990,000
    Estimated value
    3,115 sqft 1.83 AC lot
    View details
    1000 Delaware Ave
    AUTO REPAIR, GARAGE

    1000 Delaware Ave, Lexington, KY 40505-4002

    $520,000
    Estimated value
    3,402 sqft 1.00 AC lot
    View details
    621 Winchester Rd
    AUTO REPAIR, GARAGE

    621 Winchester Rd, Lexington, KY 40505-3735

    $585,000
    Estimated value
    10,162 sqft 1.01 AC lot
    View details
    1095 Majaun Rd
    AUTO REPAIR, GARAGE

    1095 Majaun Rd, Lexington, KY 40511-1185

    $1,175,000
    Estimated value
    11,730 sqft 0.92 AC lot
    View details
    1157 Georgetown Rd
    AUTO REPAIR, GARAGE

    1157 Georgetown Rd, Lexington, KY 40511-1003

    $640,000
    Estimated value
    5,600 sqft 0.51 AC lot
    View details
    457 Southland Dr
    AUTO REPAIR, GARAGE

    457 Southland Dr, Lexington, KY 40503-1826

    $985,000
    Estimated value
    4,524 sqft 0.45 AC lot
    View details
    2159 Paul Jones Way
    AUTO REPAIR, GARAGE

    2159 Paul Jones Way, Lexington, KY 40509-2220

    $4,120,000
    Estimated value
    5,559 sqft 1.19 AC lot
    View details
    2336 Palumbo Dr
    AUTO REPAIR, GARAGE

    2336 Palumbo Dr, Lexington, KY 40509-1011

    Value Estimation by Request
    10,000 sqft 0.25 AC lot
    View details
    2408 Over Dr
    AUTO REPAIR, GARAGE

    2408 Over Dr, Lexington, KY 40511-2614

    $2,140,000
    Estimated value
    6,732 sqft 1.03 AC lot
    View details
    416 Maxwell St
    AUTO REPAIR, GARAGE

    416 Maxwell St, Lexington, KY 40508-2547

    $615,000
    Estimated value
    1,872 sqft 0.09 AC lot
    View details
    2950 Richmond Rd
    AUTO REPAIR, GARAGE

    2950 Richmond Rd, Lexington, KY 40509-1712

    $985,000
    Estimated value
    5,120 sqft 0.54 AC lot
    View details
    165 New Cir Rd
    AUTO REPAIR, GARAGE

    165 New Cir Rd, Lexington, KY 40505-2114

    Value Estimation by Request
    2,430 sqft 0.42 AC lot
    View details
    1869 Liberty Rd
    AUTO REPAIR, GARAGE

    1869 Liberty Rd, Lexington, KY 40505-4207

    $3,360,000
    Estimated value
    17,203 sqft 1.64 AC lot
    View details

    Lexington, KY Auto Shops Market Trends and Statistics

    Explore 72 auto shops for sale in Lexington, KY on our real estate platform. These investment opportunities span a total of 6,732 square feet of properties for sale, with an estimated market value of $2,209,000.

    Sale prices for auto repair shops in Lexington, KY start at $849,000, averaging $1,104,500, and reaching up to $1,360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Car washes 2
    Auto shops 1
    Self service car washes 1

    Demographics Overview

    Population 322K
    Population Growth (5Y) +1.0%
    Median Household Income $71,202
    College Educated 25.6%

    High-Yield Neighborhoods for Investment

    Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40508 $849K
    40505 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.22%
    Property Tax per SF $11.25 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fayette County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Lexington, KY

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