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Renovated Office Building
For Lease
$18 SF/Yr

732 N Limestone, Lexington, KY 40508

An open work area, private office, and foyer support a compact professional or retail layout.

Space SizeContact for details
Property Size1,181 SF
Days on Market1101

Property Features for 732 N Limestone

General Information

Standard status Active
Size 1,181 SF
Zoning B-1

Space & Availability

Space Use Office
Private Offices 1

Site & Location

Neighborhood Northside Nghd Assoc

Amenities

green space

Building Details

Building Size 1,181 SF
Year Built 1905
Buildings 1
Stories 1
Listing Agency: Block + Lot Homes
Listed By: Adam Boardman · License #72655
Source: Bluegrasspropertiesgroup
Added: Nov 2, 2023 Changed: Nov 4 Last Checked: Nov 6 at 12:45AM

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 1,181-square-foot freestanding office building dates to 1905 and has been renovated with an open-plan interior. The layout includes a large foyer, an adjoining open workspace, and a separate private office, while retaining elements of the building’s original character. B-1 zoning is in place.

The property is on North Limestone in Lexington, with Greyline Station a short walk away. Adjacent green space may be available to a tenant depending on the intended use.

Key Highlights

  • 1,181 square feet in a freestanding building
  • Built in 1905 and renovated
  • Foyer, open workspace, and separate private office

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

White Cat Weddings ... Wedding Service

Suggested Use

Top Pick Skin Care Clinic Storage Facility Pet Grooming Service Real Estate Agency (Bike/Boat/Book/etc) Store Butcher

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

910
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$23.9 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,487 SF
Avg Space Size

This space is priced 25% below the average of $23.9 /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?
Office unit - An open work area, private office, and foyer support a compact professional or retail layout.
Where is this office unit located?
The property is located at 732 N Limestone Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,181 square feet in a freestanding building; Built in 1905 and renovated; Foyer, open workspace, and separate private office
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