Renovated Creative Office
For Lease
$18 SF/Yr
146 E Third Street, Lexington, KY 40508
Commercial Lease, Lexington, KY
Space Size7,258 SF
Lot Size0.21 Acres
Days on Market375
Property Features for 146 E Third Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
B-2A Downtown Frame Business
Rooms
Basement
Basement
Interior Entry, Partially Finished, Concrete
Subdivision
Commercial
Directions
N. Limestone to right on E. Third Street, the property will be on your right across from the Carrick House.
Standard status
Active
APN
11355625
Size
6,848 SF
Lot size
0.21 Acres
Amenities
boardroom
kitchenette
garage space
private sundeck
library
Building Details
Year built
1840
Floors in Building
3
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Adam Boardman · License #72655
(859) 338-8243
Added: Sep 17, 2025
Changed: Sep 12
Last Checked: Sep 26 at 12:06PM
MLS# 25501570
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 two-story creative office property provides approximately 6,848 square feet above grade, plus 410 square feet of finished lower-level space. The first floor includes reception and conference areas, a library or seating area, kitchenette, two restrooms, and flexible garage space with a drive-in door. Original hardwood floors and exposed brick are paired with contemporary finishes, while the boardroom includes folding privacy doors, granite counters, and a fireplace.
The upper level offers open work areas, vaulted ceilings with exposed joists, hardwood flooring, and a private sundeck with views of the Lexington skyline. An elevator and open stairwell serve the building. Renovation work completed in 2015 included the roof, HVAC systems, windows, elevator, rear staircase, and porous concrete parking surface. Six dedicated parking spaces are provided, with additional surface parking nearby. The property is located at 146 E. Third Street in Downtown Lexington, near retail and restaurants.
The upper level offers open work areas, vaulted ceilings with exposed joists, hardwood flooring, and a private sundeck with views of the Lexington skyline. An elevator and open stairwell serve the building. Renovation work completed in 2015 included the roof, HVAC systems, windows, elevator, rear staircase, and porous concrete parking surface. Six dedicated parking spaces are provided, with additional surface parking nearby. The property is located at 146 E. Third Street in Downtown Lexington, near retail and restaurants.
Key Highlights
- 6,848 SF two‑story office building with 410 SF of finished lower‑level space
- Originally constructed in 1840 and comprehensively renovated in 2015
- Private sundeck with custom railing and views of the Lexington skyline
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,381
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Lexington, KY
$23.48 /SF/Yr
Avg Asking Price
$16.25–$45 /SF/Yr
Price Range
2,477 SF
Avg Space Size
This space is priced 23% below the average of $23.48 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Creative space - Two-story office property with adaptable work areas, historic finishes, elevator access, and a private rooftop deck.
Where is this creative space located?
The property is located at 146 E Third Street Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 6,848 SF two‑story office building with 410 SF of finished lower‑level space; Originally constructed in 1840 and comprehensively renovated in 2015; Private sundeck with custom railing and views of the Lexington skyline
