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Open-Plan Office Suite
For Lease
$15 SF/Yr

163 E Main Street #403, Lexington, KY 40507

A fourth-floor workspace combines a private meeting room, coffee bar, and reception area.

Space Size1,250 SF
Days on Market1112

Property Features for 163 E Main Street #403

General Information

Standard status Active
Size 1,250 SF
Net Rentable 1,250 SF
Elevators Yes
Zoning B-2B

Space & Availability

Available Space 1,250 SF
Contiguous Space 1,250 SF
Floor 4
Space Use Creative Office
Condition Turnkey
Private Offices 1

Site & Location

Neighborhood Martin Luther King Neighborhood Association
Utilities to Site Yes

Amenities

coffee bar
reception area
renovated common area restrooms
rear entry door

Building Details

Building Size 1,250 SF
Year Built 1990
Buildings 1
Stories 3
Listing Agency: Block + Lot Homes
Listed By: Alaina Stokes · License #74753
Source: Bluegrasspropertiesgroup
Added: Oct 12, 2023 Changed: Oct 26 Last Checked: Oct 26 at 3:34AM

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.

Suite 403 at Barrister Hall offers 1,250 SF on the fourth floor, with elevator access. The mostly open layout includes a private conference room or executive office, a coffee bar, a reception area, and a glass entry door. Tall ceilings, updated flooring, and natural light define the suite’s interior; utilities are included in the rental rate.

The property is at 163 E. Main Street in downtown Lexington. A rear entry provides access to the Lexington courthouses, and the common-area restrooms have been renovated. The building was constructed in 1990 and the suite is zoned B-2B.

Key Highlights

  • 1,250 SF office suite on the fourth floor of Barrister Hall
  • Mostly open floor plan with a private conference room or executive office
  • Coffee bar, reception area, and glass suite entry

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.25 /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

$24.18 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
15,584 SF
Avg Space Size

This space is priced 38% below the average of $24.18 /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 - A fourth-floor workspace combines a private meeting room, coffee bar, and reception area.
Where is this office unit located?
The property is located at 163 E Main Street #403 Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,250 SF office suite on the fourth floor of Barrister Hall; Mostly open floor plan with a private conference room or executive office; Coffee bar, reception area, and glass suite entry
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