Modern Industrial Retail
New
For Lease
$25 SF/Yr
243 Walton Avenue, Lexington, KY 40502
COMMERCIAL - Lexington, KY
Space SizeContact for details
Lot Size0.24 Acres
Days on Market1
Property Features for 243 Walton Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning description
I-1
Subdivision
Commercial
Directions
Outbound Winchester Road to a right on Walton Avenue. The property will be just on the right.
Standard status
Active
APN
12055700
Size
2,409 SF
Lot size
0.24 Acres
Amenities
bar area
glass storefronts
glass garage door
renovated restrooms
storage room
open-air space
lofted ceilings
updated LED lighting
exposed duct work
polished concrete floors
signage opportunities
dedicated parking
natural light
Building Details
Year built
1954
Floors in Building
1
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Added: Aug 13
Last Checked: Aug 13 at 11:06PM
MLS# 26021995
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Investment Insights
Based on property information with market context.
This 2,409-square-foot retail property at 243 Walton Avenue combines an open interior with modern industrial detailing. The space includes large glass storefronts, a glass garage door, a bar area, storage room, renovated restrooms, and an open-air rear area. Lofted ceilings extend to the roof deck, while exposed ductwork, updated LED lighting, polished concrete floors, and abundant natural light shape the interior. The building was constructed in 1954.
The property sits in Lexington’s Walton Avenue and National Avenue corridor, surrounded by retail and restaurant businesses. It offers signage opportunities with visibility from Walton Avenue and Winchester Road, along with convenient access to downtown Lexington, New Circle Road, and I-75 via Exit 110. Dedicated parking is included, and the site benefits from nearby pedestrian activity associated with the Kenwick neighborhood, the Warehouse Block, and the Midland Avenue and Winchester Road development.
The property sits in Lexington’s Walton Avenue and National Avenue corridor, surrounded by retail and restaurant businesses. It offers signage opportunities with visibility from Walton Avenue and Winchester Road, along with convenient access to downtown Lexington, New Circle Road, and I-75 via Exit 110. Dedicated parking is included, and the site benefits from nearby pedestrian activity associated with the Kenwick neighborhood, the Warehouse Block, and the Midland Avenue and Winchester Road development.
Key Highlights
- 2,409 SF retail property on a 0.24‑acre site
- Large glass storefronts and a glass garage door
- Bar area, storage room, renovated restrooms, and rear open‑air space
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,246
Businesses Nearby
Explore this area
Business Placement
Demographics for 40502, KY
26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$42.48 /SF/Yr
Avg Asking Price
$9–$556 /SF/Yr
Price Range
20,457 SF
Avg Space Size
This space is priced 41% below the average of $42.48 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Open commercial space with glass storefronts, a bar area, rear outdoor space, and dedicated parking.
Where is this retail space located?
The property is located at 243 Walton Avenue Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2,409 SF retail property on a 0.24‑acre site; Large glass storefronts and a glass garage door; Bar area, storage room, renovated restrooms, and rear open‑air space
