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Climate-Controlled Garage Condo
For Lease
$30 SF/Yr

1535 Delaware Avenue, Lexington, KY 40505

Commercial Lease, Lexington, KY

Space Size1,280 SF
Lot Size0.44 Acres
Days on Market121

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

Amenities

Climate-controlled HVAC
Smart Wi-Fi thermostats
Custom LED lighting
Epoxy garage floors
Hardwood floors
Kitchen appliances
Finished half bathroom
220V outlets
EV charging wiring
Security gate with access codes
In-unit security system
Generator
Automatic garage doors with transom windows

Building Details

Year built 2025
Listing Agency: Block + Lot Homes
Listed By: M Clay Angelucci · License #70400
Added: May 29 Changed: Sep 12 Last Checked: Sep 26 at 4:06PM
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.

This under-construction garage condominium provides 1,280 square feet across a climate-controlled interior and a second-level mezzanine with hardwood flooring. Improvements include Smart Wi-Fi thermostats, dimmable LED lighting, epoxy floors, a finished half bathroom, 220V outlets, and wiring for electric vehicle charging. The kitchen includes a wine fridge, dishwasher, refrigerator, freezer, microwave, and ice maker. A 16-foot automatic garage door with transom windows brings in natural light while supporting privacy.

The property is enclosed by an entry gate with individual access codes and includes unit-level security, push-button guest admission, and a backup generator. Each unit includes two exterior parking spaces. The gated development sits on approximately 0.436 acres off Delaware Avenue in Lexington, with stated drive times of approximately three minutes to Richmond Road and nine minutes to Hamburg and I-75.

Key Highlights

  • 1,280 SF garage condominium with a second‑level mezzanine
  • Climate‑controlled HVAC with Smart Wi‑Fi thermostats and dimmable LED lighting
  • Kitchen includes wine fridge, dishwasher, refrigerator, freezer, microwave, and ice maker

Property Analytics

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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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby
Well-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Private gated garage space with mezzanine, kitchen, half bathroom, and two dedicated exterior parking spaces.
Where is this parking lot & garage 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: 1,280 SF garage condominium with a second‑level mezzanine; Climate‑controlled HVAC with Smart Wi‑Fi thermostats and dimmable LED lighting; Kitchen includes wine fridge, dishwasher, refrigerator, freezer, microwave, and ice maker
More about this property
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