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Versailles Mixed-Use Office/Retail Property
For Lease
$14.50 SF/Yr Modified Gross

201-217 N Main St, Versailles, KY 40383

Premier office/retail property in Versailles' Central Business District.

Space SizeContact for details
Lot Size1.85 Acres
Days on Market504

Property Features for 201-217 N Main St

General Information

Standard status Active
Total Parking Spaces 55
Lot size 1.85 Acres
Property subtype Office
Zoning B-2A
Lease Type Modified Gross

Amenities

Water
Sewer
55 Parking Spaces

Building Details

Year Built 2006

Spaces For Lease

at 201-217 N Main St
Available Space $14.50/Mo
Contact us
Listing Agency: Block & Lot Real Estate
Listed By: Lauren Cambron · License #78932
Source: Kcrea.resimplifi
Added: May 29, 2025 Changed: Oct 7 Last Checked: Oct 12 at 4:50PM

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 Real Estate

Investment Insights

Based on property information with market context.

Thoroughbred Square, situated at 201-217 N. Main Street in Versailles, Kentucky, is a mixed-use property in the Central Business District. The Class A, two-story building features steel and concrete construction with an exterior of ornamental stone, wood siding, and masonry brick veneer. The property totals 20,858 square feet and includes a mix of tenants, such as dental, medical, accounting, insurance, education, fitness, technology, professional office, and retail businesses. Located on 1.853 acres, the property provides a 55-space parking lot, with additional reciprocal easement and street parking. An elevator serves the second-floor tenants. One available space, located at 209 N. Main Street, offers 2,023 square feet of professional office space. This space features sealed concrete flooring, a lobby area with a kitchenette, two private offices or conference/meeting rooms, an open bullpen area, a storage closet, and an IT closet. Previously used as a classroom and office space, the layout is suitable for cubicles or desks in the open bullpen area or in one of the private rooms, making it conducive for office users. Signage is available on the directory in the breezeway.

Key Highlights

  • Premier mixed‑use office/retail property in the heart of the Versailles Central Business District.
  • Class A, two‑story, steel/concrete construction with attractive exterior finishes.
  • Diverse tenant mix including dental, medical, accounting, insurance, education, fitness, technology, professional office, and retail.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Computer & Electronic Repair Storage Facility Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic

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
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby

Demographics for 40383, KY

24,592
Population
10,431
Households
2.4
Avg Household Size
43
Median Age
42%
College-Educated
91%
High-School Grad
150.4 sq mi
ZIP Area
164
Density / Sq Mi
$80,444
Median Household Income
$42,365
Median Earnings
$998
Median Rent
$279,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Versailles, KY

$13.38 /SF/Yr
Avg Asking Price
$12–$15 /SF/Yr
Price Range
18,265 SF
Avg Space Size

This space is priced 8% above the average of $13.38 /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
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Frequently Asked Questions

What type of property is this?
Office units - Premier office/retail property in Versailles' Central Business District.
Where is this office units located?
The property is located at 201-217 N Main St Versailles, KY.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Premier mixed‑use office/retail property in the heart of the Versailles Central Business District.; Class A, two‑story, steel/concrete construction with attractive exterior finishes.; Diverse tenant mix including dental, medical, accounting, insurance, education, fitness, technology, professional office, and retail.
More about this property
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