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Retail Space with Glass Storefronts

211 N Limestone, Lexington, KY 40507

For Lease
$19 SF/Yr Modified Gross

Modified Gross lease includes basement storage and two on-site parking spaces.

Space Size1,763 SF
Days on Market978

Property Features for 211 N Limestone

General Information

Standard status Active
Size 1,763 SF
Net Rentable 1,763 SF
Total Parking Spaces 5
Zoning B-2A
Lease Type Modified Gross

Space & Availability

Available Space 1,763 SF
Contiguous Space 1,763 SF

Site & Location

Neighborhood Gratz Park Assoc

Amenities

glass storefronts
hardwood floors
tall ceilings with tin tiles
built-in bookshelves
basement storage
natural light

Building Details

Building Size 1,763 SF
Year Built 1990
Buildings 1
Listing Agency: Block + Lot Homes
Listed By: Lewis P McLean
Source: Kypropertyhunters
Added: Mar 12, 2024 Changed: Nov 13 Last Checked: Nov 13 at 5:32PM

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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Investment Insights

Based on property information with market context.

A 1,763-square-foot retail space at 211 N Limestone features large glass storefronts, hardwood flooring, tall ceilings with tin tiles, and built-in bookshelves. A basement provides additional storage, and the lease structure is Modified Gross.

The property is across from Sayre School and positioned in the N. Limestone corridor, at the gateway to the NoLi District. Nearby businesses include Columbia Steakhouse, LeDeauville, Mulberry and Lime, Georgie's Social House, Jack Browns, Bar Ona, and Lussi Brown Coffee Bar.

Key Highlights

  • 1,763 square feet of retail space
  • Large glass storefronts bring natural light into the space
  • Hardwood floors, tin ceiling tiles, and built‑in bookshelves

Property Analytics

Current Use

The Pink Orchid Boutique Clothing & Fashion Store

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic Mobile Phone Store Pet 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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,595
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

$30.99 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
31,197 SF
Avg Space Size

This space is priced 39% below the average of $30.99 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Lexington, KY

$27.02 Jul
$34.98 Aug
$32.98 Sep
$32.84 Oct

Properties on Market for Retail space 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?
Retail space - Modified Gross lease includes basement storage and two on-site parking spaces.
Where is this retail space located?
The property is located at 211 N Limestone Lexington, KY.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 1,763 square feet of retail space; Large glass storefronts bring natural light into the space; Hardwood floors, tin ceiling tiles, and built‑in bookshelves
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