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First-Floor Office Suite

163 E Main Street #130, Lexington, KY 40507

For Lease
$16 SF/Yr

Multiple perimeter offices offer defined work areas, with parking behind the building reached from Short Street.

Space SizeContact for details
Property Size2,166 SF
Days on Market1037

Property Features for 163 E Main Street #130

General Information

Standard status Active
Size 2,166 SF
Zoning B-2B

Space & Availability

Floor 1
Space Use Office

Site & Location

Neighborhood Martin Luther King Neighborhood Association

Building Details

Building Size 2,166 SF
Year Built 1990
Listing Agency: Block + Lot Homes
Listed By: M Clay Angelucci · License KY #70400
Source: Bluegrasspropertiesgroup
Added: Jan 8, 2024 Changed: Nov 4 Last Checked: Nov 9 at 1:03AM

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,166-square-foot office suite occupies the first floor and includes multiple perimeter offices. The building dates to 1990, and the property is zoned B-2B.

The suite is at 163 E Main Street in Lexington, near the city’s courthouses. Parking is located behind the building, with access from Short Street.

Key Highlights

  • 2,166‑square‑foot first‑floor office suite
  • Multiple perimeter offices
  • Rear parking accessed from Short Street

Property Analytics

Current Use

Gun Media Media Distribution Base163 Coworking & Hybrid Office MESOLOFT Cemetery Barrister Hall Theater & Performing Art Venue Roark Robert L Law Firm

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Garden Center Fish Market Pet Grooming Service Mobile Phone 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

4,033
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

Market

Lease Benchmarks for Lexington, KY

$25 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
13,313 SF
Avg Space Size

This space is priced 36% below the average of $25 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Lexington, KY

$28.13 Jul
$23.2 Aug
$23.2 Sep
$23.36 Oct

Properties on Market for Office Units in Lexington

Jul
Aug
Sep
Oct

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 - Multiple perimeter offices offer defined work areas, with parking behind the building reached from Short Street.
Where is this office unit located?
The property is located at 163 E Main Street #130 Lexington, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 2,166‑square‑foot first‑floor office suite; Multiple perimeter offices; Rear parking accessed from Short Street
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Includes: Price & PSF · Cap rate · Location · Zoning

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