Historic Office
For Lease
$3,500/Mo
117 W Second St, Lexington, KY 40507
Two-level commercial building with office suites, meeting areas, kitchen, fireplaces, and B-2 zoning for office or retail use.
Space SizeContact for details
Days on Market9
Property Features for 117 W Second St
General Information
Standard status
Active
Listing Agency:
The Brokerage
(859) 396-5256
Listed By:
Chad Bowman
(859) 396-5256
Source:
Exprealty
Added: Aug 24
Changed: Aug 31
Last Checked: Aug 31 at 6:28PM
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 The Brokerage
Investment Insights
Based on property information with market context.
Built in the early 1900s, this two-story commercial property provides 1,848 square feet arranged around four dedicated offices. Each floor includes one larger and one medium-sized office, with the front offices featuring fireplaces and the rear offices offering separate exterior entrances. The first level also includes two open areas suitable for work or meetings and a half bathroom. Upstairs, a full kitchen, another half bathroom, and a built-in library shelving wall support additional workplace or conference functions. Hardwood flooring and Art Deco lighting add period character throughout.
The property is located in downtown Lexington near Limestone and Gratz Park and carries B-2 zoning. One to two dedicated parking spaces are included at the rear, with additional parking available for rent in the neighboring lot. The layout supports professional office or retail occupancy.
The property is located in downtown Lexington near Limestone and Gratz Park and carries B-2 zoning. One to two dedicated parking spaces are included at the rear, with additional parking available for rent in the neighboring lot. The layout supports professional office or retail occupancy.
Key Highlights
- 1,848‑square‑foot office building constructed in the early 1900s
- Four dedicated offices arranged across two floors
- Two front offices include fireplaces; rear offices have separate exterior doors
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.41 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,595
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
$18.42 /SF/Yr
Avg Asking Price
$11.5–$26 /SF/Yr
Price Range
67,563 SF
Avg Space Size
This space is priced 23% above the average of $18.42 /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 building - Two-level commercial building with office suites, meeting areas, kitchen, fireplaces, and B-2 zoning for office or retail use.
Where is this office building located?
The property is located at 117 W Second St Lexington, KY.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 1,848‑square‑foot office building constructed in the early 1900s; Four dedicated offices arranged across two floors; Two front offices include fireplaces; rear offices have separate exterior doors
