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Improved Commercial Land for Sale in Lexington, Kentucky

997 Governors Ln, Lexington, KY 40513

$7,100,000
2 acres
Active sale
ago
Est $43,218/mo

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.

31,208
Sq feet
2008
Built

Location

Street address
997 Governors Ln
Zip code
40513
Elevation
988 feet
Coordinates
38.0201, -84.5573

Directions

New Circle Road to Harrodsburg Road, left on Beaumont Centre Circle, right onto Governors Lane.

Property details

Acreage
1.93 acres84,071 sq ft
Zoning
P-1
MLS #
LBAR 26027792
Posted

Parcels

  • 38142260

Details and features

Listing

Type
Commercial Sale
Subtype
Office

Exterior

Parking Spaces
50

Structure

Stories
3
Materials
Brick, Glass
Roof
Membrane, Rubber

Listing history

DateEventPriceChangeSource
Oct 7, 2026New listing$7,100,000—LBAR
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This 1.93-acre property is located at 997 Governors Ln in Lexington, KY 40513. The property is available for sale, priced at $7,100,000. It has a 31,208 square foot structure built in 2008.

Listed by Deborah Ball Realty, (859) 225-4604

Checked 1 hour agoUpdated

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