First-Floor Office
For Lease
$20 SF/Yr CAM $4.02 /USD/SF/YR
114-120 N Upper Street, Lexington, KY 40507
Commercial Lease, Lexington, KY
Space SizeContact for details
Lot Size0.13 Acres
Days on Market340
Property Features for 114-120 N Upper Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
B-2B
Subdivision
Commercial
Directions
Downtown Lexington on North Upper Street.
Standard status
Active
APN
11046600
Size
14,737 SF
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1885
Floors in Building
3
Listing Agency:
CMI Properties
(859) 273-7389
Listed By:
Cheryl Moss Johnston · License #41670
(859) 221-0593
Added: Oct 28, 2025
Changed: Sep 12
Last Checked: Oct 2 at 10:06AM
MLS# 25504856
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 first-floor office suite at 114-120 N. Upper Street includes separate front and rear entrances, a spacious waiting area, a receptionist area, five large offices, and a small kitchenette. The layout provides a defined reception function along with multiple private rooms for office operations.
The property is located in downtown Lexington and contains 14,737 square feet. Built in 1885, the building has heat pump heating, central air, and public sewer service. Four parking spaces are available for lease separately.
The property is located in downtown Lexington and contains 14,737 square feet. Built in 1885, the building has heat pump heating, central air, and public sewer service. Four parking spaces are available for lease separately.
Key Highlights
- First‑floor office suite with separate front and rear entrances
- Reception area and spacious waiting area
- Five large offices
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,854
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
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Market
Lease Benchmarks for Lexington, KY
$23.24 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,754 SF
Avg Space Size
This space is priced 14% below the average of $23.24 /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?
Office units - Separate front and rear entrances serve a reception area, five offices, and a kitchenette.
Where is this office units located?
The property is located at 114-120 N Upper Street Lexington, KY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: First‑floor office suite with separate front and rear entrances; Reception area and spacious waiting area; Five large offices
