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Downtown Mixed-Use Redevelopment
For Lease
$40 SF/Yr

325 W Main Street #205, Lexington, KY 40507

Leasing plans include ground-floor restaurant and retail space alongside professional offices, executive suites, and event facilities.

Space SizeContact for details
Property Size245 SF
Days on Market646

Property Features for 325 W Main Street #205

General Information

Standard status Active
Size 245 SF
Zoning B-2B

Site & Location

Neighborhood North Limestone Nghd Assoc

Building Details

Building Size 245 SF
Year Built 1985
Buildings 1
Stories 3
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 11:03PM

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, the mixed-use redevelopment is planned to include 27,818 square feet of first-floor retail and restaurant space, available in divisible configurations. The office component includes up to 56,246 square feet of divisible Class A space and 1,885 square feet of executive suites. An 1,812-square-foot event area is also planned, with a separate catering kitchen. Zoning is B-2B.

The property occupies the signalized intersection of Main Street and Broadway in downtown Lexington. A 381-space, city-owned parking garage is connected to the building. Renovation began in Q4 2024, with delivery scheduled for Q1 2026. Planned work includes a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security improvements.

Key Highlights

  • 27,818 SF of first‑floor retail and restaurant space, divisible
  • Up to 56,246 SF of divisible Class A professional office space
  • 1,885 SF of executive suites and 1,812 SF event space with 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

NNN (Triple Net)
Lease Type
$6.00 /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 27% above 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 - Leasing plans include ground-floor restaurant and retail space alongside professional offices, executive suites, and event facilities.
Where is this mixed-use property located?
The property is located at 325 W Main Street #205 Lexington, KY.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 27,818 SF of first‑floor retail and restaurant space, divisible; Up to 56,246 SF of divisible Class A professional office space; 1,885 SF of executive suites and 1,812 SF event space with separate catering kitchen
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