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Luxury Garage Condo
For Lease
$30 SF/Yr

1535 Delaware Avenue, Lexington, KY 40505

COMMERCIAL - Lexington, KY

Property Size1,280 SF
Lot Size0.44 Acres
Days on Market63

Property Features for 1535 Delaware Avenue

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning description I-1 Light Industrial
Subdivision Commercial
Directions Richmond Rd. outbound to a left on Fairwood Lane. Left on Henry Clay Blvd and follow until Delaware Avenue. Turn left and the property will be on your right.
Standard status Active
APN 41104600
Size 1,280 SF
Lot size 0.44 Acres

Building Details

Year built 2025
Listing Agency: Block + Lot Homes
Listed By: M Clay Angelucci · License #70400
Added: May 29 Changed: Jun 30 Last Checked: Jul 30 at 6:06PM
MLS# 26012228

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The Haven offers luxury garage condo units designed for controlled access and comfortable year-round use. Each 1,280 SF unit includes fully climate-controlled HVAC with Smart Wi-Fi thermostats, custom LED lighting with dimmer capability, and epoxy garage floors. Units feature a second-level mezzanine with hardwood flooring, plus a finished half bathroom. A built-in kitchen is included with a wine fridge, dishwasher, refrigerator, freezer, microwave, and ice maker. Each unit is served by a 16' automatic garage door with transom windows for natural light while maintaining privacy, and includes 220V outlets. Units are also pre-wired for electric vehicle charging and include a second level mezzanine for flexible work or collection space.

The property is centrally located off Delaware Avenue in Lexington, KY, positioned between Winchester Road and Henry Clay Blvd. The development is gated and not generally accessible to the public, with an 11' gate at the entrance and individual access codes. A unit security system allows guests to call the unit and be admitted with a push-button response, and the property includes a generator in case of a power outage. Each unit is afforded two exterior parking spaces.

This setup is well-suited for tenants seeking a private, secure workspace that still functions like a fully finished garage environment. With climate control, interior lighting, and EV-ready infrastructure, the units can support day-to-day use for collectors, small creative or specialty operations, or anyone prioritizing discretion and vehicle-focused functionality.

Key Highlights

  • New construction completed in 2025: luxury garage condos at The Haven (under construction).
  • Each unit includes 1,280 SF, fully climate‑controlled HVAC with Smart Wi‑Fi thermostats and custom LED lighting with dimmer capability.
  • 16' automatic garage doors with transom windows for natural light; epoxy garage floors; finished half bathroom and 220V outlets.

Property Analytics

Current Use

The Haven Storage Facility Red Draw Development Construction Company Cowgirl Attic/ Reclaimed ... Hardware & Home Improvement

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Nail Salon (Bike/Boat/Book/etc) Store Travel Agency Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Drive-in doors
Yes
Heavy power
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$28.81 /SF/Yr
Avg Asking Price
$6–$141 /SF/Yr
Price Range
5,094 SF
Avg Space Size

This space is priced 4% above the average of $28.81 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Selma's Catering & Events — 720 Henry Clay Blvd, Lexington, KY 40505
  • Vegan Nepal — 962 Delaware Ave, Lexington, KY 40505
  • Mark Jensen Catering — 120 Sherman Ave, Lexington, KY 40502
  • Entre Vous — 1006 Delaware Ave, Lexington, KY 40505
  • Bayleaf Diaspora Kitchen — 962 Delaware Ave, Lexington, KY 40508

Frequently Asked Questions

What type of property is this?
Flex space - Climate-controlled, secured garage condo units with mezzanine, modern finishes, and two dedicated parking spaces.
Where is this flex space located?
The property is located at 1535 Delaware Avenue Lexington, KY.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: New construction completed in 2025: luxury garage condos at The Haven (under construction).; Each unit includes 1,280 SF, fully climate‑controlled HVAC with Smart Wi‑Fi thermostats and custom LED lighting with dimmer capability.; 16' automatic garage doors with transom windows for natural light; epoxy garage floors; finished half bathroom and 220V outlets.
More about this property
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