Mixed-Use Building with
For Lease
$3,300,000
249 W Short Street, Lexington, KY 40507
Restaurant and bar space, offices, and a residential penthouse occupy separate levels.
Space SizeContact for details
Property Size9,000 SF
Days on Market1183
Property Features for 249 W Short Street
General Information
Standard status
Active
Size
9,000 SF
Total Parking Spaces
5
Zoning
B2-B
Site & Location
Neighborhood
Gratz Park Assoc
Additional Details
Floor
1
Building Details
Building Size
9,000 SF
Year Built
1900
Stories
3
Listing Agency:
Bluegrass Sotheby's International Realty
(859) 268-0099
Listed By:
Becky Reinhold · License #181330
(859) 338-1838
Source:
Bluegrasspropertiesgroup
Added: Jul 30, 2023
Changed: Oct 22
Last Checked: Oct 22 at 2:34PM
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 Bluegrass Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated, 9,000-square-foot mixed-use building dates to 1900 and has three levels. The first floor is configured for a restaurant and bar, offices occupy the second floor, and the third floor contains a 2,800-square-foot penthouse.
The property is at the corner of West Short and Market Streets in downtown Lexington and is zoned B2-B.
The property is at the corner of West Short and Market Streets in downtown Lexington and is zoned B2-B.
Key Highlights
- 9,000‑square‑foot renovated building constructed in 1900
- First‑floor restaurant and bar space
- Second‑floor offices
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,626
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Dining 6%
Chase Bank
Shops & Services
6,799 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
2,407 visits/mo
0.4 miles
City National Bank
Shops & Services
1,326 visits/mo
0.5 miles
China Star
Dining
725 visits/mo
0.3 miles
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
$30.03 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
33,938 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant and bar space, offices, and a residential penthouse occupy separate levels.
Where is this mixed-use property located?
The property is located at 249 W Short Street Lexington, KY.
What is the lease rate?
The lease rate is $3,300,000.
What are key features of this property?
This property features: 9,000‑square‑foot renovated building constructed in 1900; First‑floor restaurant and bar space; Second‑floor offices
