Mixed-Use Redevelopment 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
99001330-204
Size
286 SF
Lot size
0.88 Acres
Amenities
restaurants
retail
entertainment
event space
catering kitchen
balconies
common areas
life safety/security
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# 25001562
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Investment Insights
Based on property information with market context.
The mixed-use property at 325 W. Main Street is undergoing a comprehensive redevelopment with space planned for retail, restaurants, professional offices, executive suites, and events. The first floor will provide 27,818 divisible square feet of direct-entry retail and restaurant area. Office offerings include up to 56,246 divisible square feet of Class A professional office space and 1,885 square feet of executive suites. An additional 1,812-square-foot event space includes a separate catering kitchen for tenant and public use.
The property occupies the signalized corner of Main and Broadway in downtown Lexington. Renovation began in Q4 2024, with delivery scheduled for Q1 2026. Planned improvements include the exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security infrastructure. A connected, city-owned parking garage provides 381 spaces.
The property occupies the signalized corner of Main and Broadway in downtown Lexington. Renovation began in Q4 2024, with delivery scheduled for Q1 2026. Planned improvements include the exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security infrastructure. A connected, city-owned parking garage provides 381 spaces.
Key Highlights
- 27,818 divisible SF of first‑floor direct‑entry retail and restaurant space
- Up to 56,246 divisible SF of Class A professional office space
- 1,885 SF of executive suite offices
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
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 will combine direct-entry retail and restaurant space with professional offices, executive suites, and event facilities.
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 divisible SF of first‑floor direct‑entry retail and restaurant space; Up to 56,246 divisible SF of Class A professional office space; 1,885 SF of executive suite offices
