997 Governors Lane, Lexington, KY 40513
$7,100,000
Property Type:
Commercial Sale
Square Footage:
31,208
Lot Size (sq. ft.):
84,071
Status:
Active
Current Price:
$7,100,000
List Date:
10/07/2026
Last Modified:
10/13/2026
Listing Details MLS# 26027792
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Office
Status Change Information
- Status Change Timestamp
- 2026-10-07
Address
- County
- Fayette
- Street Number
- 997
- Street Name
- Governors
- Street Suffix
- Lane
- State
- KY
- Zip Code
- 40513
- Inside City Limits YN
- Yes
- Parcel Number
- 38142260
Contract
- Original List Price
- 7100000
- Start Showing Date
- 2026-10-07
- Listing Contract Date
- 2026-10-07
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 227.51
Tax Legal
- MLS Area Major
- 004 - Fayette County SW
- Subdivision Name
- Commercial
Interior
- Living Area Units
- Square Feet
- Building Area Total
- 31208
- Building Area Source
- Appraiser
- Building Area Units
- Square Feet
More Information
Parking Information
- Parking Total
- 50
Building
- Year Built
- 2008
- Stories Total
- 3
- Accessibility Features YN
- Yes
- Leasable Area
- 30085
Lot
- Lot Size Acres
- 1.93
- Lot Size Square Feet
- 84070.8
Remarks
- Public Remarks
- Prime Commercial Investment Opportunity. 100% Leased Professional Office Building in Beaumont Centre Exceptional opportunity to acquire a 100% leased, income-producing commercial property in Lexington's highly desirable Beaumont Centre. Offering immediate rental income and an established tenant base, 997 Governors Lane presents an attractive investment opportunity in one of Lexington's premier professional and commercial corridors. This well-maintained, three-story professional office building features approximately 31,208 square feet (30,085 leasable square feet), elevator service, approximately 50 parking spaces, and P-1 zoning. Recent capital improvements include a new roof completed in 2026 and a newly completed fit-up in a second floor suite for an incoming tenant. An August 2026 appraisal assigns the property an effective age of just 10 years, further enhancing its investment appeal. Strategically positioned in the heart of Beaumont Centre, the property offers excellent accessibility to Harrodsburg Road, Man O' War Boulevard, New Circle Road, and Blue Grass Airport. Surrounded by established businesses, professional offices, restaurants, shopping, and thriving residential communities, this sought-after location provides convenience, visibility, and long-term desirability. Fully leased, professionally positioned, and generating income from day one, 997 Governors Lane offers investors the opportunity to acquire an established commercial asset with recent improvements in a highly desirable Lexington location.
Property Features
Business Type:
Commercial; Professional/Office
Construction Materials:
Brick; Glass
Parking Features:
On Site; Paved
Possession:
Subject To Tenant Rights
Roof:
Membrane; Rubber
Sale Includes:
Building(s); Leases
Security Features:
Fire Sprinkler System
Tenant Pays:
Common Area Maintenance; Electricity; Sewer; Water
Showing Requirements:
Call Listing Agent
Listing Office:
Deborah Ball Realty
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.