Mixed-Use Property with
For Lease
$40 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
99001330-203
Size
260 SF
Lot size
0.88 Acres
Amenities
new exterior facade
balconies
new windows
common areas
new mechanicals
life safety/security
connected parking garage
Building Details
Year built
1985
Floors in Building
3
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Added: Jan 30, 2025
Changed: Aug 4
Last Checked: Aug 16 at 7:06AM
MLS# 25001561
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Investment Insights
Based on property information with market context.
The mixed-use property at 325 W. Main Street is undergoing redevelopment with divisible commercial offerings across retail, restaurant, office, executive suite, and event uses. The first floor will provide 27,818 square feet of direct-entry retail and restaurant space, while up to 56,246 square feet of Class A professional office space is planned above. Additional components include 1,885 square feet of executive suite offices and 1,812 square feet of event space supported by a separate catering kitchen.
Located at the signalized intersection of Main and Broadway in downtown Lexington, the property is positioned within a connected urban setting. Renovation work began in Q4 2024, with delivery scheduled for Q1 2026. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security upgrades. A 381-space connected city-owned parking garage serves the redevelopment.
Located at the signalized intersection of Main and Broadway in downtown Lexington, the property is positioned within a connected urban setting. Renovation work began in Q4 2024, with delivery scheduled for Q1 2026. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security upgrades. A 381-space connected city-owned parking garage serves the redevelopment.
Key Highlights
- 27,818 SF of divisible first‑floor direct‑entry retail and restaurant space
- Up to 56,246 SF of divisible Class A professional office space
- 1,885 SF of executive suite offices and 1,812 SF of event space
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,854
Businesses Nearby
Explore this area
Business Placement
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 18% above the average of $34 /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?
Mixed-use property - Redevelopment offers divisible retail, restaurant, professional office, executive suite, and event space configurations.
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 $40 SF/Yr.
What are key features of this property?
This property features: 27,818 SF of divisible first‑floor direct‑entry retail and restaurant space; Up to 56,246 SF of divisible Class A professional office space; 1,885 SF of executive suite offices and 1,812 SF of event space
