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Downtown Private Office Unit
New
For Lease
$1,000/Mo

134 N Upper Street, Lexington, KY 40507

Commercial Lease, Lexington, KY

Space SizeContact for details
Days on Market7

Property Features for 134 N Upper Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning B-2
Subdivision Downtown
Directions Corner of N. Upper and Short St. Entrance on N. Upper.
Standard status Active
APN 38234650
Size 880 SF

Amenities

shared common area kitchenette
parking available as an optional add on

Building Details

Year built 2010
Listing Agency: LRC Lexington's Real Estate Co
Listed By: Nicholas Nardiello
Added: Sep 9 Changed: Sep 14 Last Checked: Sep 15 at 11:06AM
MLS# 26025281

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 880-square-foot office unit, constructed in 2010, provides two private offices, a shared common-area kitchenette, and one bathroom. The layout offers dedicated rooms within a compact professional suite, while optional parking is available as an add-on. The property is zoned B-2.

Positioned at the corner of N Upper Street and Short Street in downtown Lexington, the suite places restaurants and other businesses within immediate walking distance. Its central setting combines private office accommodations with access to an established downtown commercial environment.

Key Highlights

  • 880‑square‑foot office unit
  • Two private offices with shared common‑area kitchenette
  • One bathroom included

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Garden Center Pharmacy Electrical Service Home Appliance Store (Bike/Boat/Book/etc) 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
$2.05 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$23.25 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,869 SF
Avg Space Size

This space is priced 41% below the average of $23.25 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two private offices with shared kitchenette and bathroom in a downtown Lexington commercial setting.
Where is this office units located?
The property is located at 134 N Upper Street Lexington, KY.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: 880‑square‑foot office unit; Two private offices with shared common‑area kitchenette; One bathroom included
More about this property
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