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    Lexington, KY
    Sports & Entertainment

    Lexington, KY Sports & Entertainment Properties 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

    $2,500,000
    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
    View details
    Former Bowling Alley Shell
    Updated: Jan 31, 2025
    Former Bowling Alley Shell

    750 E New Circle Rd, Lexington, KY 40505

    Contact for pricing
    45,997 sqft 3.50 AC lot
    45,997 SF former bowling alley in grey shell condition
    Available for lease and sale
    Situated on 3.5 acres
    Located at 750 E New Circle Rd, Lexington, KY 40505
    Adjoining 1.5‑acre property could be available
    View details
    See hot listings in Lexington

    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 77 Potential Opportunities for your consideration. Besides 2 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 1 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.

    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.

    View details
    Mixed-Use Property with Golf Simulators
    Mixed-Use Property with Golf Simulators

    422 Fryes Lane, Danville, KY 40422

    $365,000
    1,976 sqft 0.19 AC lot

    Indoor golf venue with bar, event, and unfinished warehouse areas.

    View details
    Indoor Golf Bar and Pub
    Indoor Golf Bar and Pub

    422 Fryes Lane, Danville, KY 40422

    $365,000
    1,976 sqft 0.19 AC lot

    Operating bar and indoor golf venue with furnished entertainment areas, food-service equipment, and flexible support space.

    View details
    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

    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.

    Commercial Land Parcel
    Commercial Land Parcel

    Briar Creek lot: #1, Lawrenceburg, KY 40342

    $345,500
    2.27 AC lot

    Commercial land with water available and direct access near US HWY 127 South.

    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.

    240 Canary Rd
    RECREATIONAL, ENTERTAINMENT

    240 Canary Rd, Lexington, KY 40503-3300

    Estimated value:
    $4,200,000
    6,918 sqft 3.80 AC lot
    View details
    1927 Harrodsburg Rd
    RECREATIONAL, ENTERTAINMENT

    1927 Harrodsburg Rd, Lexington, KY 40503-1250

    Estimated value:
    $2,840,000
    6,455 sqft 1.10 AC lot
    View details
    2907 Richmond Rd
    RECREATIONAL, ENTERTAINMENT

    2907 Richmond Rd, Lexington, KY 40509-1714

    Estimated value:
    $3,905,000
    7,709 sqft 0.98 AC lot
    View details
    1927 Stanton Way
    RECREATIONAL, ENTERTAINMENT

    1927 Stanton Way, Lexington, KY 40511-1350

    Estimated value:
    $2,100,000
    10,768 sqft 4.14 AC lot
    View details
    2895 Richmond Rd
    RECREATIONAL, ENTERTAINMENT

    2895 Richmond Rd, Lexington, KY 40509-1506

    Estimated value:
    $3,220,000
    7,097 sqft 0.56 AC lot
    View details
    4009 Nicholasville Rd
    RECREATIONAL, ENTERTAINMENT

    4009 Nicholasville Rd, Lexington, KY 40503-4487

    Estimated value:
    $19,100,000
    4,881 sqft 0.83 AC lot
    View details
    3094 Helmsdale Pl
    RECREATIONAL, ENTERTAINMENT

    3094 Helmsdale Pl, Lexington, KY 40509-2212

    Estimated value:
    $8,600,000
    8,214 sqft 1.04 AC lot
    View details
    3010 Lakecrest Cir
    RECREATIONAL, ENTERTAINMENT

    3010 Lakecrest Cir, Lexington, KY 40513-1706

    Estimated value:
    No data
    5,648 sqft 1.34 AC lot
    View details
    903 Manchester St Ste, Unit 120
    RECREATIONAL, ENTERTAINMENT

    903 Manchester St Ste, Lexington, KY 40508-2490

    Unit 120
    Estimated value:
    $17,700,000
    12,351 sqft
    View details
    1432 Newtown Pike
    RECREATIONAL, ENTERTAINMENT

    1432 Newtown Pike, Lexington, KY 40511-1220

    Estimated value:
    $1,515,000
    2.01 AC lot
    View details
    108 Marketplace Dr
    RECREATIONAL, ENTERTAINMENT

    108 Marketplace Dr, Lexington, KY 40503-4414

    Estimated value:
    $705,000
    5,776 sqft 1.13 AC lot
    View details
    209 Ruccio Way
    RECREATIONAL, ENTERTAINMENT

    209 Ruccio Way, Lexington, KY 40503-3584

    Estimated value:
    $12,705,000
    2.93 AC lot
    View details
    941 Winchester Rd
    RECREATIONAL, ENTERTAINMENT

    941 Winchester Rd, Lexington, KY 40505-3946

    Estimated value:
    $315,000
    5,400 sqft 0.33 AC lot
    View details
    1770 Vendor Way
    RECREATIONAL, ENTERTAINMENT

    1770 Vendor Way, Lexington, KY 40509-2571

    Estimated value:
    $1,615,000
    1.48 AC lot
    View details
    3385 Nicholasville Rd
    RECREATIONAL, ENTERTAINMENT

    3385 Nicholasville Rd, Lexington, KY 40503-3601

    Estimated value:
    $4,780,000
    9,395 sqft 1.40 AC lot
    View details
    1761 Sharkey Way
    RECREATIONAL, ENTERTAINMENT

    1761 Sharkey Way, Lexington, KY 40511-2028

    Estimated value:
    $2,400,000
    5,138 sqft 1.33 AC lot
    View details
    2300 Sandersville Rd
    COUNTRY CLUB

    2300 Sandersville Rd, Lexington, KY 40511-1038

    Estimated value:
    $1,720,000
    16,551 sqft 17.40 AC lot
    View details
    3116 Richmond Rd
    RECREATIONAL, ENTERTAINMENT

    3116 Richmond Rd, Lexington, KY 40509-1509

    Estimated value:
    $17,400,000
    8,817 sqft 1.34 AC lot
    View details
    2851 Richmond Rd
    RECREATIONAL, ENTERTAINMENT

    2851 Richmond Rd, Lexington, KY 40509-1506

    Estimated value:
    $1,895,000
    5,621 sqft 1.48 AC lot
    View details
    625 Hl N Dl Rd
    RECREATIONAL, ENTERTAINMENT

    625 Hl N Dl Rd, Lexington, KY 40503-2116

    Estimated value:
    $75,000
    15.93 AC lot
    View details
    730 Millpond Rd
    RECREATIONAL, ENTERTAINMENT

    730 Millpond Rd, Lexington, KY 40514-1712

    Estimated value:
    No data
    1,620 sqft 1.02 AC lot
    View details
    859 Broadway
    RECREATIONAL, ENTERTAINMENT

    859 Broadway, Lexington, KY 40504-2601

    Estimated value:
    $645,000
    1,811 sqft 0.50 AC lot
    View details

    Lexington, KY Sports & Entertainment Properties Market Trends and Statistics

    Explore 72 sports & entertainment properties for sale in Lexington, KY on our real estate platform. These investment opportunities span a total of 60,716 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for sports & entertainment properties in Lexington, KY average $2,500,000 — 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%

    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
    40507 $925K

    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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    Popular Searches in Lexington, KY

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    Most Searched ZIP Codes in Lexington, KY

    • 40505
    • 40508

    Featured Lexington Real Estate Agencies

    Realmo connects you with licensed Lexington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Commonwealth
    1908 Bryant Rd, Suite 250 Lexington, KY 40509
    Phone: 18597212121
    www.kwcommonwealth.com
    United Real Estate Lexington KY
    444 Lewis Hargett Circle, Ste. 180 Lexington, KY 40503
    Phone: 18593966706
    www,unitedrealestatelexingtonky.com

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