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    1028 Wellington Way Lexington, KY 40513

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    For Sale
    Contact for pricing

    Salon/studio space with private rooms in desirable Lexington location.

    Property Features for 1028 Wellington Way

    General Information

    Zoning
    P-1

    Source: Harrison Lane Agent Harrison Lane

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salon/Studio Space in Lexington

    This is an approximately 1,000 SF salon/studio space featuring a reception area, 5 private rooms, and a storage closet. The space has its own exterior entrance and potential for exterior signage. The property is located inside of the Genesis Health Club. The lease rate is $26/SF/YR, structured as a gross lease. There is ample parking available onsite. The property is located on Wellington Way, near Palomar Centre and the intersection of Man O War and Harrodsburg Road. This salon/studio space is located in the 40513 zip code, an area of Lexington. The space has existing salon infrastructure and is suited for immediate use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Esporta Fitness Gym

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.57149
    Latitude
    38.005657

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    FAQs

    What type of property is this?
    Retail space - Salon/studio space with private rooms in desirable Lexington location.
    Where is this retail space located?
    The property is located at 1028 Wellington Way Lexington, KY.
    What is the asking price?
    The asking price for this property is $26.
    What are key features of this property?
    This property features: - Prime location in the highly desirable 40513 zip code, near Palomar Centre and the intersection of Man O War and Harrodsburg Road.; - Salon/studio space with existing infrastructure, including **5 private rooms, ready for immediate use.**; - **Separate exterior entrance and potential for exterior signage**, providing independent access and visibility.
    (859) 537-1051
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    1028 Wellington Way Lexington, KY 40513
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    Lexington, KY 40513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1028 Wellington Way Lexington, KY 40513
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