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Sprinklered Nightclub/Bar Building
For Lease
$16 SF/Yr

208 S Limestone Street, Lexington, KY 40508

COMMERCIAL - Lexington, KY

Space Size4,624 SF
Lot Size0.08 Acres
Days on Market46

Property Features for 208 S Limestone Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning B-2
Zoning description B-2B - DOWNTOWN CENTER BUSINESS
Subdivision Downtown
Directions Along S Limestone ST almost at the High street corner, last building on the right.
Standard status Active
APN 17126400
Size 4,624 SF
Lot size 0.08 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air, Heat Pump, Multi Units

Amenities

patio
public restrooms
private staff restroom
2 fully plumbed bars
tankless gas water heater
ample electric

Building Details

Year built 1940
Floors in Building 2
Listing Agency: Ky Custom Homes Real Estate
Listed By: David L Jones · License #282642
Added: Jul 15 Changed: Aug 4 Last Checked: Aug 29 at 10:06PM
MLS# 26018512

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fully sprinklered bar/nightclub building has operated for more than 13 years and is reported as well maintained. The property includes a large two-story patio and two fully plumbed spaces set up as one bar per floor. Interior configuration includes four total public restrooms plus one private staff restroom. The building is also described as having ample electric and a tankless gas water heater. Reported occupancy is 392 total.

Per the PVA, the property size is 4,624 square feet (4,692 per appraisal). The site includes a privately owned parking lot around the building offering monthly, daily, and hourly pay parking. The property is zoned B-2-B, which is noted in the remarks as allowing a wide range of uses, including residential/apt/condo options.

The property is available for lease or sale and is being offered as-is. The stated lease rate is $16 per square foot annually based on the 4,624 square feet per PVA.

Key Highlights

  • Approximately 4,624 SF per PVA appraisal; 4,692 SF per appraisal (building area)
  • Fully sprinklered building; 13+ years operated as a nightclub/bar and most recently used as retail
  • B‑2‑B zoning allows a wide range of uses including residential/apt/condo

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic Mobile Phone Store Tanning Salon

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

Single-tenant
Tenancy
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,936
Businesses Nearby
105k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 92% Shops & Services 8%
Raising Cane's Chicken Fingers Dining
34,546 visits/mo 0.3 miles
McDonald's Dining
34,086 visits/mo 0.2 miles
Tropical Smoothie Cafe Dining
7,333 visits/mo 0.4 miles
Chase Bank Shops & Services
6,799 visits/mo 0.3 miles
Qdoba Mexican Grill Dining
6,091 visits/mo 0.4 miles

Demographics for 40508, KY

25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Fully sprinklered bar/nightclub building with a two-story patio, multiple restrooms, and a privately owned pay parking lot.
Where is this bar & pub located?
The property is located at 208 S Limestone Street Lexington, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Approximately 4,624 SF per PVA appraisal; 4,692 SF per appraisal (building area); Fully sprinklered building; 13+ years operated as a nightclub/bar and most recently used as retail; B‑2‑B zoning allows a wide range of uses including residential/apt/condo
More about this property
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