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Downtown Mixed-Use Property
For Lease
$25 SF/Yr

325 W Main Street #212, Lexington, KY 40507

Retail, restaurant, professional office, executive suite, and event space are planned within a downtown redevelopment.

Space Size27,818 SF
Days on Market646

Property Features for 325 W Main Street #212

General Information

Standard status Active
Size 27,818 SF
Net Rentable 27,818 SF
Total Parking Spaces 381
Zoning B-2B

Space & Availability

Divisible Yes
Floor Ground
Space Use Retail
Available From 2026-Q1

Site & Location

Neighborhood North Limestone Nghd Assoc
Corner Location Yes

Amenities

signalized corner
connected parking garage
event space
catering kitchen

Building Details

Building Size 11,793 SF
Year Built 1985
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License #65116
Source: Bluegrasspropertiesgroup
Added: Jan 30, 2025 Changed: Nov 4 Last Checked: Nov 5 at 10:56PM

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 Homes

Rey
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Investment Insights

Based on property information with market context.

At 325 W Main Street, this mixed-use redevelopment is planned to include 27,818 SF of divisible, first-floor retail and restaurant space with direct entry. The program also includes up to 56,246 SF of divisible Class A professional office space, 1,885 SF of executive suite offices, and 1,812 SF of event space with a separate catering kitchen. The property is zoned B-2B.

The building occupies the signalized corner of Main and Broadway in downtown Lexington. A connected, city-owned parking garage provides 381 spaces. Renovation began in Q4 2024, with delivery planned for Q1 2026. Work includes a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security improvements.

Key Highlights

  • 27,818 SF of divisible first‑floor retail and restaurant space with direct entry
  • Up to 56,246 SF of divisible Class A professional office space
  • Includes 1,885 SF of executive suite offices and 1,812 SF of event space with a separate catering kitchen

Property Analytics

Current Use

iHigh Marketing & Advertising Minner Vines Injury ... Law Firm FedEx Drop Box Postal Service Brian M. Vines Law Firm BRAINBOX Intelligent Marketing Advertising Agency

Suggested Use

Top Pick Auto Parts Store Garden Center Pharmacy Home Appliance Store Electrical Service (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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,572
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

Market

Lease Benchmarks for Lexington, KY

$31.58 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
28,604 SF
Avg Space Size

This space is priced 21% below the average of $31.58 /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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail, restaurant, professional office, executive suite, and event space are planned within a downtown redevelopment.
Where is this mixed-use property located?
The property is located at 325 W Main Street #212 Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 27,818 SF of divisible first‑floor retail and restaurant space with direct entry; Up to 56,246 SF of divisible Class A professional office space; Includes 1,885 SF of executive suite offices and 1,812 SF of event space with a separate catering kitchen
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