Mixed-Use Property with Retail
For Lease
$40 SF/Yr
325 W Main St Unit 204, Lexington, KY 40507
Redevelopment combines direct-entry retail, professional offices, executive suites, and event space within a multi-use commercial project.
Space Size27,818 SF
Days on Market35
Property Features for 325 W Main St Unit 204
General Information
Standard status
Active
Size
27,818 SF
Net Rentable
27,818 SF
Total Parking Spaces
381
Space & Availability
Contiguous Space
27,818 SF
Divisible
Yes
Floor
Ground
Space Use
Retail/Restaurant
Available From
2026-Q1
Additional Details
Corner Location
Yes
Amenities
parking garage
event space
catering kitchen
Building Details
Year Built
1985
Tenancy
Multi
Listing Agency:
Block + Lot Real Estate
(859) 351-7924
Listed By:
Peter Barr · License #65116
Source:
Sellkentucky
Added: Jul 26
Changed: Aug 27
Last Checked: Aug 28 at 1:10PM
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 Block + Lot Real Estate
Investment Insights
Based on property information with market context.
325 W. Main is a mixed-use redevelopment at the signalized intersection of Main Street and Broadway in downtown Lexington. The project includes 27,818 square feet of divisible first-floor retail and restaurant space, as well as up to 56,246 square feet of divisible professional office space. Additional components include 1,885 square feet of executive suites and 1,812 square feet of event space with a separate catering kitchen.
Renovation work began in Q4 2024, with delivery scheduled for Q1 2026. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security features. The property is served by a 381-space connected city-owned parking garage and is located at 325 W Main St Unit 204, Lexington, KY 40507.
Renovation work began in Q4 2024, with delivery scheduled for Q1 2026. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security features. The property is served by a 381-space connected city-owned parking garage and is located at 325 W Main St Unit 204, Lexington, KY 40507.
Key Highlights
- 27,818 SF of divisible first‑floor retail and restaurant space
- Up to 56,246 SF of divisible professional office space
- Includes 1,885 SF of executive suite offices
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,572
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
$35.38 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
25,911 SF
Avg Space Size
This space is priced 13% above the average of $35.38 /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?
Mixed-use property - Redevelopment combines direct-entry retail, professional offices, executive suites, and event space within a multi-use commercial project.
Where is this mixed-use property located?
The property is located at 325 W Main St Unit 204 Lexington, KY.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 27,818 SF of divisible first‑floor retail and restaurant space; Up to 56,246 SF of divisible professional office space; Includes 1,885 SF of executive suite offices
