Multi-Room Office
For Lease
$1,900/Mo
1503 Lexington Road, Richmond, KY 40475
B-3 zoning and multiple entrances support flexible office layouts, including separate rooms or a larger reception area.
Space SizeContact for details
Property Size1,845 SF
Days on Market844
Property Features for 1503 Lexington Road
General Information
Standard status
Active
Size
1,845 SF
Total Parking Spaces
10
Zoning
B-3
Space & Availability
Space Use
Office
Available From
2024-10-01
Private Offices
6
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
bathrooms
kitchen
break room
storage
Building Details
Building Size
1,845 SF
Year Built
1931
Buildings
1
Construction
brick
Listing Agency:
CENTURY 21 Advantage Realty
(859) 624-5488
Listed By:
Stacey A Kelly · License #195547
(859) 624-1440
Source:
Bluegrasspropertiesgroup
Added: Jul 16, 2024
Changed: Nov 4
Last Checked: Nov 6 at 12:36AM
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 CENTURY 21 Advantage Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,845-square-foot brick office building contains six rooms, two bathrooms, a kitchen, a break area, and storage. The rooms can be configured as individual offices, or one can serve as a larger reception area. Front, side, and rear entrances provide access to the interior, and the property was built in 1931.
Positioned on Lexington Road/Main Street, the building is near I-75 Exit 90. B-3 commercial zoning applies, and on-site parking accommodates 10 vehicles, with capacity for 11 at times.
Positioned on Lexington Road/Main Street, the building is near I-75 Exit 90. B-3 commercial zoning applies, and on-site parking accommodates 10 vehicles, with capacity for 11 at times.
Key Highlights
- 1,845 square feet in a brick office building
- Six rooms, two bathrooms, kitchen, break space, and storage
- Room layout can include separate offices or a larger reception area
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 40475, KY
62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Richmond, KY
$11.77 /SF/Yr
Avg Asking Price
$4.57–$16.12 /SF/Yr
Price Range
2,481 SF
Avg Space Size
This space is priced 5% above the average of $11.77 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - B-3 zoning and multiple entrances support flexible office layouts, including separate rooms or a larger reception area.
Where is this office unit located?
The property is located at 1503 Lexington Road Richmond, KY.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: 1,845 square feet in a brick office building; Six rooms, two bathrooms, kitchen, break space, and storage; Room layout can include separate offices or a larger reception area
