First-Floor Office
For Lease
$20 SF/Yr
114-120 N Upper Street, Lexington, KY 40507
COMMERCIAL - Lexington, KY
Space SizeContact for details
Lot Size0.13 Acres
Days on Market293
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: Aug 4
Last Checked: Aug 16 at 5:06AM
MLS# 25504856
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Investment Insights
Based on property information with market context.
These first-floor office units at 114-120 N. Upper Street provide a practical layout for professional use, with distinct front and rear entrances, a reception area, waiting space, five large offices, and a small kitchenette. The configuration offers a combination of client-facing and private work areas within a 14,737-square-foot property built in 1885.
The property is located in downtown Lexington, with access to major transportation routes. Four parking spaces are available for lease. Building systems include central air conditioning and heat pump heating, while the property is served by a public sewer system.
The property is located in downtown Lexington, with access to major transportation routes. Four parking spaces are available for lease. Building systems include central air conditioning and heat pump heating, while the property is served by a public sewer system.
Key Highlights
- First‑floor office configuration with separate front and rear entrances
- Receptionist area and spacious waiting room
- Five large offices plus a small kitchenette
Property Analytics
Property Profile
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
Market
Lease Benchmarks for Lexington, KY
$26.74 /SF/Yr
Avg Asking Price
$1.68–$250 /SF/Yr
Price Range
10,704 SF
Avg Space Size
This space is priced 25% below the average of $26.74 /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 entrances and a multi-office layout support a range of professional business operations.
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 configuration with separate front and rear entrances; Receptionist area and spacious waiting room; Five large offices plus a small kitchenette
