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Renovated Creative Office Suite

161 N Limestone #200, Lexington, KY 40507

For Lease
$12 SF/Yr

A flexible workspace offers an open work area, two private breakout rooms, and a kitchenette.

Space SizeContact for details
Property Size2,500 SF
Days on Market1092

Property Features for 161 N Limestone #200

General Information

Standard status Active
Size 2,500 SF
Elevators Yes
Zoning B-2 Downtown Business

Space & Availability

Space Use Creative Office
Condition Turnkey
Sublease Yes
Meeting Rooms 2

Site & Location

Neighborhood Gratz Park Assoc

Building Details

Building Size 2,500 SF
Year Built 1930
Year Renovated 2020
Buildings 1
Stories 1
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License KY #65116
Source: Bluegrasspropertiesgroup
Added: Nov 14, 2023 Changed: Nov 4 Last Checked: Nov 9 at 1:02AM

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 2,500-square-foot office suite combines a large open work area with a reception area, kitchenette and breakroom, and two rooms suited to private calls. Tall ceilings, hardwood flooring, and exposed brick are complemented by windows on two sides. The suite was renovated in 2020 and has its own elevator access.

At 161 N Limestone in downtown Lexington, the property sits across from the Lexington courthouses. Nearby businesses include Lussi Brown Coffee Bar, Bar Ona, Jack Brown’s, Pearl’s Pizza, and Corto Lima. The suite is zoned B-2 Downtown Business.

Key Highlights

  • 2,500‑square‑foot suite renovated in 2020
  • Private elevator access directly into the suite
  • Open work area, reception space, kitchenette and breakroom, plus two breakout rooms

Property Analytics

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

Current Use

Honeysage Photo Co. Photography Service Georgie’s Social House Bar & Pub GAIA mural Cultural Landmark

Suggested Use

Top Pick Auto Parts Store Garden Center Pharmacy Locksmith Pet Grooming 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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,626
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$20.99 /SF/Yr
Avg Asking Price
$12–$45 /SF/Yr
Price Range
3,405 SF
Avg Space Size

This space is priced 43% below the average of $20.99 /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?
Creative space - A flexible workspace offers an open work area, two private breakout rooms, and a kitchenette.
Where is this creative space located?
The property is located at 161 N Limestone #200 Lexington, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 2,500‑square‑foot suite renovated in 2020; Private elevator access directly into the suite; Open work area, reception space, kitchenette and breakroom, plus two breakout rooms
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