Fitness & Gym

Lexington, KY Fitness Centers & Gyms for Sale

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Corner Commercial Building with Drive-In Doors
Updated: Apr 28
Corner Commercial Building with Drive-In Doors

165 Midland Avenue, Lexington, KY 40508

$2,600,000
14,719 sqft
14,000± SF commercial building built in 1949 with expansive open areas and private offices upstairs
Three drive‑in doors for operational flexibility
26± on‑site parking spaces for customers and staff
B‑4 zoning allows office, showroom, storage, or a combination of uses
Corner location on Midland Ave. and Corral St. adjacent to Thoroughbred Park
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Fitness Center with Highway Frontage
Fitness Center with Highway Frontage

203 Murrell Avenue, Somerset, KY 42503

$379,000
6,850 sqft 0.50 AC lot

Adaptable commercial facility with a gymnastics-studio layout, public sewer, central air, and electric heat.

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Flex Space with Loading Bays
Flex Space with Loading Bays

505 Cogar Avenue, Harrodsburg, KY 40330

$425,000
19,068 sqft 0.73 AC lot

Industrial building offers office, support areas, and adaptable warehouse space.

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Fitness Center Building on Highway 80
Fitness Center Building on Highway 80

203 Murrell Ave, Somerset, KY 42503

$379,000
6,850 sqft

Existing gymnastics studio with commercial space fronting Highway 80.

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Flex Space with Loading Bays
Flex Space with Loading Bays

505 Cogar Ave, Harrodsburg, KY 40330

$425,000
19,068 sqft

Adaptable commercial building with office, service, storage, and operational areas for varied business configurations.

View details

Lexington, KY Fitness Centers & Gyms Market Trends and Statistics

Explore 1 fitness centers & gyms for sale in Lexington, KY on our real estate platform. These investment opportunities span a total of 14,719 square feet of properties for sale, with an estimated market value of $2,600,000.

Sale prices for gym buildings in Lexington, KY average $2,600,000 — 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

Bowling alleys 2
Fitness centers & gyms 1

Demographics Overview

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

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fayette County

Retail

Office

Property Size Breakdown

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

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