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Office Condo Suite with Ramp Access
For Sale
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1517 Nicholasville Rd, Lexington, KY 40503

Basement office suite includes multiple private offices and ramp access within Doctors Park.

Property SizeContact for details
Days on Market126

Property Features for 1517 Nicholasville Rd

General Information

Standard status Active
Property subtype Office
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Weston Lockhart · License #KY 245654
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

Suite 104 at Doctors Park is an office condo located in the basement level. The suite includes several private offices and ramp access, providing a layout that supports focused, enclosed workspaces.

Doctors Park is positioned along Nicholasville Road (US 27), described as Lexington’s main corridor. The property is located across the street from Alumni Drive and Kroger Field. The remarks also indicate the office park has 113 total parking spaces, including 13 directly in front of the building.

This suite is available for sale and is also offered for lease, and it is located minutes from the University of Kentucky and area hospitals, with access to downtown and New Circle Road.

Key Highlights

  • Suite 104 at Doctors Park (1517 Nicholasville Road) is for sale on Lexington’s US 27 main corridor.
  • Basement office suite with several private offices.
  • Ramp‑access included in Suite 104.

Property Analytics

Current Use

Midkiff Amy K ... Dental Office Dr. Kim Grant-Rolph ... Physician 360 Mental Health ... Medical Clinic Dr. Cherice M. ... Dental Office Hollingsworth Dental Dental Office

Suggested Use

Top Pick HVAC Service Building Supply Real Estate Agency Plumbing Service Law Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,545
Businesses Nearby

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Basement office suite includes multiple private offices and ramp access within Doctors Park.
Where is this office units located?
The property is located at 1517 Nicholasville Rd Lexington, KY.
What are key features of this property?
This property features: Suite 104 at Doctors Park (1517 Nicholasville Road) is for sale on Lexington’s US 27 main corridor.; Basement office suite with several private offices.; Ramp‑access included in Suite 104.
(859) 264-0888 Call to check price and availability
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