New B1 Storefront
For Sale
Contact for pricing
523 Third Street, Lexington, KY 40508
Recently completed commercial premises with B1 zoning in Lexington.
Property Size2,753 SF
Price / SF$0.01
Days on Market804
Property Features for 523 Third Street
General Information
Standard status
Active
Size
2,753 SF
Property subtype
General Commercial
Zoning
B1
Amenities
3
Building Details
Year Built
2025
Listing Agency:
Guide Realty, Inc.
(859) 321-6226
Listed By:
Chancellor Scott
(859) 321-6226
Source:
Xome
Added: Jun 18, 2024
Changed: Aug 30
Last Checked: Aug 30 at 8:45PM
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 Guide Realty, Inc.
Investment Insights
Based on property information with market context.
Completed in 2025, this 2,753-square-foot storefront property provides commercial space within a B1 zoning designation. The premises are part of a new development and offer a defined setting for retail or other activities supported by the applicable zoning.
The property is located at 523 Third Street in Lexington, Kentucky. The surrounding area includes The Met, Lyric Theatre, Artist Village, and Isaac Murphy Park, placing the space among established cultural and community destinations. Together, the building size, recent construction, and storefront configuration create a straightforward commercial offering in an active Lexington corridor.
The property is located at 523 Third Street in Lexington, Kentucky. The surrounding area includes The Met, Lyric Theatre, Artist Village, and Isaac Murphy Park, placing the space among established cultural and community destinations. Together, the building size, recent construction, and storefront configuration create a straightforward commercial offering in an active Lexington corridor.
Key Highlights
- 2,753 SF of commercial storefront space
- B1‑zoned property
- Completed in 2025
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,447
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Rally's
Dining
5,145 visits/mo
0.3 miles
Demographics for 40508, KY
25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Somethin' Bloomin' — 418 W Maxwell St, Lexington, KY 40508, United States
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Frequently Asked Questions
What type of property is this?
Storefront property - Recently completed commercial premises with B1 zoning in Lexington.
Where is this storefront property located?
The property is located at 523 Third Street Lexington, KY.
What are key features of this property?
This property features: 2,753 SF of commercial storefront space; B1‑zoned property; Completed in 2025
