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Mixed-Use Property at Signalized Corner
For Lease
$25 SF/Yr

325 W Main Street, Lexington, KY 40507

COMMERCIAL - Lexington, KY

Space Size1,885 SF - 56,246 SF
Lot Size0.88 Acres
Days on Market563

Property Features for 325 W Main Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description B-2B
Subdivision Commercial
Directions Located on the signalized hard corner of Main St. and S. Broadway.
Standard status Active
APN 99001330-212
Size 11,793 SF
Lot size 0.88 Acres

Amenities

event space
catering kitchen
balconies
connected parking garage
security

Building Details

Year built 1985
Floors in Building 3
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License #65116
Added: Jan 30, 2025 Changed: Aug 4 Last Checked: Aug 16 at 8:06AM
MLS# 25001570

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.

The mixed-use redevelopment at 325 W. Main Street is planned to accommodate retail and restaurant space, professional offices, executive suites, and event facilities with a separate catering kitchen. The project includes divisible commercial areas designed for a range of business and public-facing uses.

Renovation work began in Q4 2024, with delivery scheduled for Q1 2026. Planned upgrades include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security improvements. The property occupies the signalized intersection of Main Street and Broadway in downtown Lexington and connects to a 381-space city-owned parking garage.

Key Highlights

  • Signalized corner at Main Street and Broadway
  • Redevelopment work began in Q4 2024 with delivery planned for Q1 2026
  • Planned new facade, balconies, windows, common areas, mechanicals, and life‑safety/security systems

Property Analytics

Current Use

iHigh Marketing & Advertising Minner Vines Injury ... Law Firm FedEx Drop Box Postal Service Brian M. Vines Law Firm BRAINBOX Intelligent Marketing Advertising Agency

Suggested Use

Top Pick Auto Parts Store Garden Center Pharmacy Home Appliance Store Electrical Service (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,854
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

$34 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
32,920 SF
Avg Space Size

This space is priced 26% below the average of $34 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned improvements include a new facade, balconies, windows, common areas, and updated building systems.
Where is this mixed-use property located?
The property is located at 325 W Main Street Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Signalized corner at Main Street and Broadway; Redevelopment work began in Q4 2024 with delivery planned for Q1 2026; Planned new facade, balconies, windows, common areas, mechanicals, and life‑safety/security systems
More about this property
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