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Medical and Retail Investment Building
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162 Old Todds Rd, Lexington, KY 40509

Concrete mixed-use building offers street-level and second-floor spaces with private bathrooms and individual heat pumps.

Property Size15,271 SF
Days on Market123

Property Features for 162 Old Todds Rd

General Information

Standard status Active
Size 15,271 SF
Property subtype Retail

Additional Details

Traffic Count 43,576 vehicles/day

Amenities

elevator
individual heat pumps
private bathrooms

Building Details

Stories 2
Construction solid concrete
Tenancy Multi
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Neal Metcalfe · License #KY 217705
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 11:00PM

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 SVN | Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

This solid concrete investment property includes two street-level retail spaces totaling 4,990 and 2,510 square feet, along with four second-floor spaces sized at 685, 1,660, 2,295, and 3,131 square feet. An elevator provides access to the second floor, and each unit has individual heat pumps for heating and air conditioning. All spaces include private bathrooms.

The property is situated along Richmond Road in Lexington, described as one of the area’s major arteries, with 43,576 vehicles per day reported.

As currently configured, the building provides a medical and retail mix across seven spaces, offering a straightforward, multi-tenant setup for buyers seeking a property with established annual rents. For financial details or to arrange a tour, contact the listing team.

Key Highlights

  • Medical and retail investment property on Richmond Road in Lexington with 43,576 vehicles per day
  • Concrete mixed‑use building with 2 street‑level spaces (4,990 SF and 2,510 SF)
  • Second‑floor spaces include 685 SF, 1,660 SF, 2,295 SF, and 3,131 SF

Property Analytics

Current Use

Pelycon Technologies Tech Support Center BBN Physical Therapy Physician BBN Physical Therapy ... Physician Kelsey Karnes Physician Jon Smorol Physician

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service

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

43,576 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,129
Businesses Nearby

Demographics for 40509, KY

44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Concrete mixed-use building offers street-level and second-floor spaces with private bathrooms and individual heat pumps.
Where is this retail space located?
The property is located at 162 Old Todds Rd Lexington, KY.
What are key features of this property?
This property features: Medical and retail investment property on Richmond Road in Lexington with 43,576 vehicles per day; Concrete mixed‑use building with 2 street‑level spaces (4,990 SF and 2,510 SF); Second‑floor spaces include 685 SF, 1,660 SF, 2,295 SF, and 3,131 SF
(859) 312-8069 Call to check price and availability
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