Search
Second-Floor Office Units
For Lease
Contact for pricing

117 Cheapside, Lexington, KY 40507

Three offices, a conference room, and restroom provide a practical layout for professional services users.

Space Size1,100 SF
Property Size6,300 SF
Days on Market196

Property Features for 117 Cheapside

General Information

Standard status Active
Size 1,100 SF
Class C
Property subtype Multi Tenant Office

Building Details

Building Size 6,300 SF

Spaces For Lease

at 117 Cheapside Contact us

Suite 201

Size
1,100 SF
Lease Type
Modified Gross
Contact us
Listing Agency: NAI Isaac
Listed By: John Miller · License #193647
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 6:10PM

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 NAI Isaac

Investment Insights

Based on property information with market context.

This second-floor office suite at 117 Cheapside provides approximately 1,100 SF arranged with three private offices, a conference room, and a restroom. The configuration is suited to office-based professional services and offers a defined mix of individual work areas and shared meeting space.

The property is positioned in Lexington’s Central Business District between West Short Street and West Main Street. It faces the Fifth Third Bank Pavilion, Henry A. Tandy Centennial Park, and the Lexington Visitor Center, with the Fayette County Courthouse and court buildings nearby. Main Street, government offices, financial institutions, professional services businesses, restaurants, hotels, retail, and downtown event venues are all within the surrounding area. Parking is available through nearby garages and surface lots. The property is zoned B-2B, Downtown Center Business.

Key Highlights

  • Approximately +/-1,100 SF of second‑floor office space
  • Layout includes 3 offices, conference room, and restroom
  • 117 Cheapside location between West Short Street and West Main Street

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Fish Market Auto Parts Store Mobile Phone Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,626
Businesses Nearby

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

$23.19 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
22,476 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Three offices, a conference room, and restroom provide a practical layout for professional services users.
Where is this office units located?
The property is located at 117 Cheapside Lexington, KY.
What are key features of this property?
This property features: Approximately +/-1,100 SF of second‑floor office space; Layout includes 3 offices, conference room, and restroom; 117 Cheapside location between West Short Street and West Main Street
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message