Two-Story Office
111 Cheapside #200, Lexington, KY 40507
For Lease
$1,850/Mo
Six offices include plumbing connections, which can be removed for a different workspace configuration.
Space Size2,520 SF
Days on Market916
Property Features for 111 Cheapside #200
General Information
Standard status
Size
Net Rentable
Zoning
Space & Availability
Available Space
Contiguous Space
Floor
Space Use
Private Offices
Site & Location
Neighborhood
Amenities
original hardwood floors
high ceilings
large radius windows
natural light
dedicated entrance
grand staircase
views of Downtown Lexington
in-suite plumbing
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Gregory Leveridge · License KY #215416
(859) 421-8959
Source:
Bluegrasspropertiesgroup
Added: May 8, 2024
Changed: Nov 6
Last Checked: Nov 9 at 12:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block + Lot Homes
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,520-square-foot office suite occupies the second and third floors of a 1930 building. Each level contains three offices and a restroom. A dedicated ground-floor entrance leads to the suite by way of a grand staircase. Original hardwood flooring, 15-foot ceilings, and large curved windows distinguish the interior, while plumbing connections are present in the individual offices and can be removed.
The property is at 111 Cheapside in downtown Lexington, above Centro and next to the remodeled Courthouse at Cheapside Square. Nearby parking options include street spaces, surface lots, and garages. The suite is zoned B-2 Downtown Business.
The property is at 111 Cheapside in downtown Lexington, above Centro and next to the remodeled Courthouse at Cheapside Square. Nearby parking options include street spaces, surface lots, and garages. The suite is zoned B-2 Downtown Business.
Key Highlights
- 2,520 SF across the second and third floors
- Six offices total, with three offices and a restroom on each floor
- Individual offices have plumbing connections that can be removed
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,626
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
$25 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
13,313 SF
Avg Space Size
This space is priced 65% below the average of $25 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Lexington, KY
Properties on Market for Office Units in Lexington
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Six offices include plumbing connections, which can be removed for a different workspace configuration.
Where is this office unit located?
The property is located at 111 Cheapside #200 Lexington, KY.
What is the lease rate?
The lease rate is $1,850/Mo.
What are key features of this property?
This property features: 2,520 SF across the second and third floors; Six offices total, with three offices and a restroom on each floor; Individual offices have plumbing connections that can be removed
