Mixed-Use Redevelopment with
For Lease
$25 SF/Yr
325 W Main Street #301, Lexington, KY 40507
Plans include divisible office suites, executive offices, and event space alongside ground-floor restaurant and retail offerings.
Space Size29,221 SF
Days on Market646
Property Features for 325 W Main Street #301
General Information
Standard status
Active
Size
29,221 SF
Net Rentable
29,221 SF
Total Parking Spaces
381
Zoning
B-2B
Space & Availability
Available Space
29,221 SF
Contiguous Space
29,221 SF
Divisible
Yes
Floor
Ground
Space Use
Retail/Restaurant
Available From
2026-Q1
Site & Location
Neighborhood
North Limestone Nghd Assoc
Corner Location
Yes
Amenities
balconies
event space
catering kitchen
Building Details
Building Size
15,518 SF
Year Built
1985
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Bluegrasspropertiesgroup
Added: Jan 30, 2025
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 325 W. Main Street, the planned mixed-use redevelopment includes 29,221 SF of divisible first-floor retail and restaurant space with direct entry. The project also provides up to 55,452 SF of divisible Class A office space, 2,625 SF of executive offices, and 1,815 SF of event space with a separate catering kitchen. Planned improvements include a new exterior facade, balconies, windows, updated common areas, mechanical systems, and life-safety and security features. Renovation began in Q4 2024, with delivery scheduled for Q1 2026.
The property sits at the signalized Main Street and Broadway intersection in downtown Lexington, Kentucky. A connected, city-owned parking garage offers 381 spaces.
The property sits at the signalized Main Street and Broadway intersection in downtown Lexington, Kentucky. A connected, city-owned parking garage offers 381 spaces.
Key Highlights
- 29,221 SF of divisible first‑floor retail and restaurant space with direct entry
- Up to 55,452 SF of divisible Class A office space
- 1,815 SF event space with a separate catering kitchen
Property Analytics
Current Use
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
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
McDonald's
Dining
34,086 visits/mo
0.5 miles
Chase Bank
Shops & Services
6,799 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
4,486 visits/mo
0.5 miles
Insomnia Cookies
Dining
4,217 visits/mo
0.4 miles
China Star
Dining
725 visits/mo
0.5 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
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Plans include divisible office suites, executive offices, and event space alongside ground-floor restaurant and retail offerings.
Where is this mixed-use property located?
The property is located at 325 W Main Street #301 Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 29,221 SF of divisible first‑floor retail and restaurant space with direct entry; Up to 55,452 SF of divisible Class A office space; 1,815 SF event space with a separate catering kitchen
