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Retail Suite with Glass Storefront
For Lease
$16 SF/Yr

131 Church Street, Lexington, KY 40507

B-2 zoning, private access, and designated parking support a range of commercial uses.

Space Size1,170 SF
Days on Market686

Property Features for 131 Church Street

General Information

Standard status Active
Size 1,170 SF
Net Rentable 1,170 SF
Total Parking Spaces 5
Zoning B-2

Space & Availability

Available Space 1,170 SF
Contiguous Space 1,170 SF

Site & Location

Neighborhood Martin Luther King Neighborhood Association

Amenities

glass storefront
hardwood floors
private entrance
multiple closed-door offices
open lobby area
built-in cabinets

Building Details

Building Size 1,170 SF
Year Built 1914
Buildings 1
Stories 1
Listing Agency: Block + Lot Homes
Listed By: Lewis P McLean
Source: Bluegrasspropertiesgroup
Added: Dec 21, 2024 Changed: Nov 4 Last Checked: Nov 6 at 12:46AM

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.

This 1,170-square-foot retail space in a building constructed in 1914 combines a glass storefront with hardwood flooring, a private entrance, and multiple enclosed offices. An open lobby with built-in cabinets adds a shared reception area, and the B-2 zoning supports a range of commercial uses. The unit includes two designated parking spaces, with public parking also available nearby.

At 131 Church Street in Downtown Lexington, the property is surrounded by restaurants, bars, and coffee shops, including Jack Brown's Beer and Burger Joint, Corto Lima, and Lussi Brown Coffee Bar.

Key Highlights

  • 1,170 SF of retail space
  • Glass storefront, hardwood floors, and private entrance
  • Multiple enclosed offices and open lobby with built‑in cabinets

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Garden Center (Bike/Boat/Book/etc) Store Fish Market Mobile Phone Store Pet 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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,854
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 88% Shops & Services 12%
Raising Cane's Chicken Fingers Dining
34,546 visits/mo 0.5 miles
McDonald's Dining
34,086 visits/mo 0.4 miles
Chase Bank Shops & Services
6,799 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
4,486 visits/mo 0.4 miles
Insomnia Cookies Dining
4,217 visits/mo 0.4 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
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Market

Lease Benchmarks for Lexington, KY

$32.8 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
36,557 SF
Avg Space Size

This space is priced 51% below the average of $32.8 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - B-2 zoning, private access, and designated parking support a range of commercial uses.
Where is this retail space located?
The property is located at 131 Church Street Lexington, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 1,170 SF of retail space; Glass storefront, hardwood floors, and private entrance; Multiple enclosed offices and open lobby with built‑in cabinets
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Includes: Price & PSF · Cap rate · Location · Zoning

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