Mixed-Use Property With
For Lease
$25 SF/Yr
Pending
325 W Main Street, Lexington, KY 40507
COMMERCIAL - Lexington, KY
Space Size2,625 SF - 55,452 SF
Lot Size0.88 Acres
Days on Market576
Property Features for 325 W Main Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
B-2B
Subdivision
Commercial
Directions
Located on the signalized hard corner of Main St. and S. Broadway.
Standard status
Pending
APN
99001330-202
Size
4,077 SF
Lot size
0.88 Acres
Building Details
Year built
1985
Floors in Building
3
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Added: Jan 30, 2025
Changed: Aug 4
Last Checked: Aug 29 at 3:06PM
MLS# 25001560
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 property at 325 W. Main Street is undergoing a substantial redevelopment with multiple commercial formats. Planned space includes 29,221 square feet of divisible first-floor retail and restaurant area, up to 55,452 square feet of divisible Class A professional office space, 2,625 square feet of executive suites, and 1,815 square feet designated for events. The event area will include a separate catering kitchen serving tenants and the public.
Located at the signalized intersection of Main Street and Broadway in downtown Lexington, the project is positioned for direct access from two major downtown streets. Improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security infrastructure. Renovation work began in Q4 2024, with delivery planned for Q1 2026. A connected, city-owned parking garage provides 381 spaces.
Located at the signalized intersection of Main Street and Broadway in downtown Lexington, the project is positioned for direct access from two major downtown streets. Improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security infrastructure. Renovation work began in Q4 2024, with delivery planned for Q1 2026. A connected, city-owned parking garage provides 381 spaces.
Key Highlights
- 29,221 square feet of divisible first‑floor retail and restaurant space
- Up to 55,452 square feet of divisible Class A professional office space
- 2,625 square feet of executive suite offices
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,572
Businesses Nearby
Explore this area
Business Placement
Demographics for 40507, KY
2,043
Population
1,765
Households
1.2
Avg Household Size
44
Median Age
54%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
5,108
Density / Sq Mi
$34,543
Median Household Income
$40,826
Median Earnings
$642
Median Rent
$391,000
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$35.38 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
25,911 SF
Avg Space Size
This space is priced 29% below the average of $35.38 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Redevelopment will combine direct-entry commercial space, professional offices, executive suites, and event facilities.
Where is this mixed-use property located?
The property is located at 325 W Main Street Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 29,221 square feet of divisible first‑floor retail and restaurant space; Up to 55,452 square feet of divisible Class A professional office space; 2,625 square feet of executive suite offices
