Listing Agency: Schrader Commercial Properties LLC

Listed By: Laura Adams · License #KY 264747

Source: Crexi

Added: Apr 11 Changed: Aug 24 Last Checked: Aug 29 at 10:41AM

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Investment Insights

Based on property information with market context.

This for-sale retail building offers approximately 15,000 SF of retail space. The offering is positioned as a commercial real estate asset suitable for retail occupancy within its existing footprint.

The property is located at 501 East High Street in Lexington, KY 40502.

Key Highlights

• Retail building for sale with approximately 15,000 SF of retail space
• Property type: retail

Property Analytics

Property Profile

Current Use

Stengel Hill Architecture Architect

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,804

Businesses Nearby

Explore this area Business Placement

Demographics for 40502, KY

26,080

Population

14,232

Households

1.8

Avg Household Size

40

Median Age

67%

College-Educated

96%

High-School Grad

7.1 sq mi

ZIP Area

3,673

Density / Sq Mi

$73,939

Median Household Income

$46,197

Median Earnings

$1,068

Median Rent

$483,600

Median Home Value

Market

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail building for sale offering approximately 15,000 SF of retail space.

Where is this retail space located?

The property is located at 501 East High Street Lexington, KY.

What are key features of this property?

This property features: Retail building for sale with approximately 15,000 SF of retail space; Property type: retail