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181 N Mill St, Lexington, KY 40507

Four-parcel commercial land assemblage currently operated as a surface parking business.

Property SizeContact for details
Days on Market348

Property Features for 181 N Mill St

General Information

Standard status Pending
Total Parking Spaces 94
Property subtype Land
Zoning B-2B
Listing Agency: Silvestri Real Estate
Listed By: Robert Jones · License #KY - 241952
Source: Crexi
Added: Sep 19, 2025 Changed: Aug 30 Last Checked: Aug 31 at 11:15PM

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 Silvestri Real Estate

Investment Insights

Based on property information with market context.

This 0.8-acre commercial land assemblage includes four parcels in downtown Lexington. The property is currently used for surface parking, with a lease to a neighboring business extending through April 2026.

The parcels carry B-2B zoning and are situated within an Opportunity Zone and a Qualified Census Tract. The included addresses are 181 N Mill St, 183 N Mill St, 187-193 N Mill St, and 310 W 2nd St, Lexington, KY 40507.

Key Highlights

  • 0.8 acres of commercial land across four total parcels
  • B‑2B zoning
  • Currently operated as a surface parking business

Property Analytics

Current Use

First Financial Mortgage ... Loan Service Narcotics Anonymous Medical Clinic

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Fish Market Auto Parts Store 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.

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Four-parcel commercial land assemblage currently operated as a surface parking business.
Where is this commercial land located?
The property is located at 181 N Mill St Lexington, KY.
What are key features of this property?
This property features: 0.8 acres of commercial land across four total parcels; B‑2B zoning; Currently operated as a surface parking business
More about this property
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