Downtown Mixed-Use
For Lease
$40 SF/Yr
325 W Main Street, Lexington, KY 40507
Commercial Lease, Lexington, KY
Space Size1,885 SF - 56,246 SF
Lot Size0.88 Acres
Days on Market610
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
99001330-207
Size
272 SF
Lot size
0.88 Acres
Amenities
new exterior facade
balconies
new windows
common areas
new mechanicals
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: Sep 12
Last Checked: Oct 2 at 1:06PM
MLS# 25001566
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 with multiple commercial formats, including 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, and 1,812 SF of event space with a separate catering kitchen. The property was built in 1985, with renovation work scheduled to begin in Q4 2024 and delivery planned for Q1 2026.
The 0.88-acre property occupies the signalized corner of Main and Broadway in downtown Lexington, Kentucky. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security features. A 381-space connected, city-owned parking garage serves the project.
The 0.88-acre property occupies the signalized corner of Main and Broadway in downtown Lexington, Kentucky. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security features. A 381-space connected, city-owned parking garage serves the project.
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
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,572
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lexington, KY
$30.14 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
32,551 SF
Avg Space Size
This space is priced 33% above the average of $30.14 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Redevelopment combines retail, restaurant, professional office, executive suites, and event space in a downtown Lexington setting.
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
