Restaurant

Lexington, KY Conventional Restaurants for Lease

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Retail Space in Innovation Community
Updated: Jan 22
Retail Space in Innovation Community

405 S Limestone, Lexington, KY 40508

$30 SF/Yr
349 sqft 3.83 AC lot
349 SF retail space built in 2020
3.83‑acre commercial setting
B‑1 zoning
Targeted mix includes restaurants and service‑oriented retail
Food hall concept included in tenant strategy
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Retail Space with On-Site Parking
Updated: Apr 16, 2025
Retail Space with On-Site Parking

405 S Limestone, Lexington, KY 40508

$25 SF/Yr
1,451 sqft 3.83 AC lot
1,451 SF retail space built in 2020
3.83‑acre property at 405 S Limestone, Lexington, KY
Tenant mix envisioned for food hall, restaurants, and service‑oriented retail
UK Plus accepted
Ample on‑site parking
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Mixed-Use Downtown Redevelopment
Mixed-Use Downtown Redevelopment

325 W Main Street, Lexington, KY 40507

$25 SF/Yr
4,077 sqft 0.88 AC lot

Planned space will accommodate retail, restaurant, office, executive suite, and event uses in a renovated downtown property.

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Downtown Mixed-Use Redevelopment
Downtown Mixed-Use Redevelopment

325 W Main St Unit 304, Lexington, KY 40507

$25 SF/Yr
88,479 sqft

Redevelopment will combine retail, restaurant, office, executive suite, and event space within a renovated downtown property.

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Downtown Mixed-Use Redevelopment
Downtown Mixed-Use Redevelopment

325 W Main St Unit 207, Lexington, KY 40507

$40 SF/Yr
88,479 sqft

Redeveloped space will combine retail, restaurant, professional office, executive suites, and event facilities in one downtown property.

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Mixed-Use Property with On-Site Parking
Mixed-Use Property with On-Site Parking

405 S Limestone Unit 1, Lexington, KY 40508

$30 SF/Yr
20,000 sqft

Designed for food, restaurant, service, and traditional retail concepts within a community-oriented tenant mix.

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Retail Space with On-Site Parking
Retail Space with On-Site Parking

405 S Limestone Unit 2, Lexington, KY 40508

$25 SF/Yr

Unit 2 offers retail space in a 2020 building with on-site parking.

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Corner Restaurant Outparcel
Corner Restaurant Outparcel

350 Foreman Ave, Lexington, KY 40508

Contact for pricing
3,258 sqft

Built in 2005 near student housing, the University of Kentucky, and Downtown Lexington.

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Restaurant Endcap with Patio
Restaurant Endcap with Patio

112 Lucille Dr, Lexington, KY 40511

Contact for pricing
3,200 sqft

Second-generation sublease space in a multi-tenant retail building with outdoor seating and established co-tenancy.

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Retail Space with Food Hall Concept
Retail Space with Food Hall Concept

405 S Limestone, Lexington, KY 40508

$25 SF/Yr
682,752 sqft

Planned tenant mix includes restaurants, service-oriented retail, and other complementary business uses.

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Mixed-Use Property with Retail Space
Mixed-Use Property with Retail Space

325 W Main Street, Lexington, KY 40507

$35 SF/Yr
88,479 sqft

Redevelopment combines direct-entry retail, professional offices, executive suites, and event space within a multi-use commercial project.

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Restaurant Space with High Visibility
Restaurant Space with High Visibility

1927 Harrodsburg Road, Lexington, KY 40504

Contact for pricing

Restaurant space available with prominent visibility off Harrodsburg Road near major retailers and services.

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Restaurant Space with Terraces
Restaurant Space with Terraces

113 Turner Commons Way, Lexington, KY 40511

$45 SF/Yr
10,046 sqft

Two-level commercial space within The Commons master-planned development, offering flexible restaurant layouts and access to shared outdoor areas.

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 13 Active listings in Lexington, KY, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 10 Properties for Sales.

Conventional restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Corner Storefront with Paved Parking
Corner Storefront with Paved Parking

1002 Crossroads Dr, Lawrenceburg, KY 40342

$6,000/Mo
2,300 sqft

Former restaurant configuration supports retail, office, showroom, café, or other commercial uses.

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Corner Restaurant Building
Corner Restaurant Building

4110 Hampton Lake Way, Louisville, KY 40241

Contact for pricing
7,790 sqft 1.20 AC lot

C1-zoned facility with substantial interior area, freeway exposure, and on-site parking.

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Corner Storefront Retail Space
Corner Storefront Retail Space

1002 Crossroads Lawrenceburg ky 40342 Drive, Lawrenceburg, KY 40342

$6,000/Mo
2,300 sqft 1.00 AC lot

C-2-zoned commercial space with paved parking, large windows, and a former restaurant layout.

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Mixed-Use Center with Restaurant Space
Mixed-Use Center with Restaurant Space

4640 Chamberlain Ln, Louisville, KY 40241

$25 SF/Yr
27,246 sqft

Suburban center with medical office, dining, and retail availability under a C1 zoning designation and NNN lease structure.

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Similar Spaces for Sale in Lexington, KY

Consider Similar Space for Sale. We found 10 Spaces matching your search parameters.

Downtown Mixed-Use Building
Downtown Mixed-Use Building

135 W Main Street, Lexington, KY 40507

$2,950,000
6,741 sqft

Modern upper-level offices sit above a restaurant in a 2017 building with elevator service.

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Restaurant With Included Equipment
Restaurant With Included Equipment

351 Southland Drive, Lexington, KY 40503

$500,000
1,080 sqft 0.06 AC lot

Existing restaurant space includes equipment, central air, and natural gas and electric heating systems.

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Restaurant Opportunity on Southland Drive
Restaurant Opportunity on Southland Drive

351 Southland Dr, Lexington, KY 40503

$500,000
1,080 sqft

Restaurant for sale on Southland Dr with equipment included.

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Freestanding Restaurant For Sale
Freestanding Restaurant For Sale

1015 Winchester Road, Lexington, KY 40505

$1,200,000
2,100 sqft

Freestanding restaurant building for sale in Lexington, Kentucky.

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Chinese Restaurant Business
Chinese Restaurant Business

4750 Hartland Parkway, Lexington, KY 40515

$69,997
62,465 sqft

The sale includes the operating business and transfer of its existing lease, subject to landlord approval.

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Equipped Restaurant Building in Lexington
Equipped Restaurant Building in Lexington

3280 Eagle View Ln, Lexington, KY 40509

Contact for pricing
3,500 sqft

3,500 SF restaurant with fully equipped kitchen for sale.

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Absolute NNN Restaurant Property
Absolute NNN Restaurant Property

1761 Sharkey Way, Lexington, KY 40511

$2,750,000

Established restaurant tenancy with an absolute net lease structure and tenant-funded improvements.

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Wah-Mei Chinese Restaurant Business
Wah-Mei Chinese Restaurant Business

4750 Hartland Parkway, Lexington, KY 40515

$69,997
1.43 AC lot

The business sale includes an existing lease assignment, contingent on landlord approval.

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Chinese Restaurant Business
Chinese Restaurant Business

144-4750 Hartland Parkway, Lexington, KY 40515

$69,997

The sale includes the business and a lease transfer, subject to landlord approval.

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Lexington Restaurant Property
Lexington Restaurant Property

307 W Short Street, Lexington, KY 40507

$1,999,000
2,947 sqft 0.07 AC lot

Restaurant property with 2,947 square feet in Lexington’s 40507 postal area.

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Lexington, KY Conventional restaurants Lease Rates & Market Statistics

Browse 13 Conventional restaurants for lease in Lexington, KY on Realmo, a commercial real estate marketplace serving the Lexington area. The current inventory totals 990,570 square feet of properties — an average of ~76,200 SF per listing.

Asking lease rates for Conventional restaurants in Lexington start at $25 SF/Yr, average $30.50 SF/Yr, and reach $45 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $30.50 SF/Yr is 30% above the Kentucky state average of $23.53 SF/Yr.

Lexington accounts for 100% of the 13 conventional restaurants currently available across Fayette County. Conventional restaurants make up 68% of the 19 Restaurants currently for lease in Lexington, with asking rates in line with the citywide Restaurants average. Also worth a look for tenants weighing alternatives: Other restaurants (4 listings) elsewhere in the Lexington market.

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