Creative Space

Lexington, KY Creative Space for Sale

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Renovated Historic Office Building
Updated: Apr 21
Renovated Historic Office Building

146 E Third Street, Lexington, KY 40508

$1,750,000
6,848 sqft 0.21 AC lot
Approximately 6,848 SF above grade plus 410 SF of finished lower‑level space
Two‑story office building originally constructed in 1840
Complete renovation completed in 2015
Six dedicated onsite parking spaces with additional surface parking nearby
Elevator, drive‑in garage door, kitchenette, and two restrooms
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Four-Story Mixed-Use Building
Updated: May 19
Four-Story Mixed-Use Building

144 N Broadway, Lexington, KY 40507

$5,700,000
18,032 sqft 0.18 AC lot
Four‑story mixed‑use building totaling 18,032 square feet
0.18‑acre parcel at 144 N Broadway, Lexington, KY 40507
Ground‑floor private club configuration
Second‑floor space suited to office or creative studio use
Five short‑term rental units across floors 3‑4
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Class A Creative Office Units
Class A Creative Office Units

4040 Finn Way, Lexington, KY 40517

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Modern workspaces include fiber optic connectivity and complimentary employee parking on the second level.

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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
Ground-Floor Historic Office Suite
Ground-Floor Historic Office Suite

333 E Short St, Suite 130 |, Lexington, KY 40507

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Downtown Lexington workspace with private entry, collaborative rooms, exposed brick, and convenient on-site parking.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Modern Office Condo with Glass Offices
Modern Office Condo with Glass Offices

639 E Jefferson St, Louisville, KY 40202

$549,900
1,714 sqft

Combined condominium units provide private offices, open workspace, and a kitchenette.

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Single-Level Office Building with Patio
Single-Level Office Building with Patio

908 Minoma Ave, Louisville, KY 40217

$599,000
3,061 sqft

Single-level office with private patio, abundant natural light, and multiple offices suited for professional and specialty uses.

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Flexible-Layout Flex Space
Flexible-Layout Flex Space

1605 Western Ave, Cincinnati, OH 45214

Contact for pricing
15,200 sqft

Supports retail, creative office, showroom, and light industrial users.

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Creative Space Near Streetcar Line
Creative Space Near Streetcar Line

722 Main St, Cincinnati, OH 45202

$400,000

Cincinnati commercial space near the Aronoff Center and Fidelity Hotel with direct access to the city streetcar line.

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Lexington, KY Creative Space Market Trends and Statistics

Explore 4 creative space for sale in Lexington, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 24,880 square feet of properties for sale, with an estimated market value of $7,450,000.

Sale prices for creative space in Lexington, KY start at $1,750,000, averaging $3,725,000, and reaching up to $5,700,000 — 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

Office Units 259
Office buildings 63
Medical Office Space 44
Creative space 10
Coworking space 8

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
40508 $1.8M
40507 $3.3M

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 2,500 to 5,000 square foot range.

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