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Renovated Office Suite with Private Offices
For Lease
$18 SF/Yr Modified Gross

127 W Main St, Lexington, KY 40507

Second-floor workspace with a full kitchen, natural light, and updated building systems in downtown Lexington.

Space SizeContact for details
Days on Market107

Property Features for 127 W Main St

General Information

Standard status Active
Property subtype Retail
Zoning B-2B
Lease Type Modified Gross

Spaces For Lease

at 127 W Main St Contact us

Available Space $18/Mo

Contact us
Listing Agency: SVN Stone Commercial Real Estate
Listed By: Wade Haga · License #223094
Source: Kcrea.resimplifi
Added: May 18 Changed: Aug 31 Last Checked: Aug 31 at 1:33PM

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 SVN Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

Available for lease, this 2,253-square-foot second-floor office suite at 127 W Main St offers a blend of private and collaborative workspace. The layout includes four private offices, an open work area, two bathrooms, and a full kitchen. Large windows bring natural light into the space, while tall ceilings add to its existing character.

The suite has undergone comprehensive updates, including new HVAC, plumbing, electrical systems, flooring, and paint. Its downtown Lexington setting places the property across from City Center and near courthouses, retail, dining, and entertainment. B-2B zoning applies to the property.

Key Highlights

  • 2,253 SF second‑floor office suite at 127 W Main St
  • Four private offices plus an open work area
  • Full kitchen and two bathrooms

Property Analytics

Current Use

Hurt Crosbie & May: ... Law Firm Deckard James L Law Firm Matthew R. Malone Law Firm Hurt Crosbie & May: ... Law Firm Kalinyak Michael D Law Firm

Suggested Use

Top Pick Auto Parts Store Garden Center Pharmacy (Bike/Boat/Book/etc) Store Electrical Service Home Appliance 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,854
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

This space is priced 22% below the average of $23.19 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor workspace with a full kitchen, natural light, and updated building systems in downtown Lexington.
Where is this office units located?
The property is located at 127 W Main St Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 2,253 SF second‑floor office suite at 127 W Main St; Four private offices plus an open work area; Full kitchen and two bathrooms
More about this property
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