Mixed-Use Redevelopment with
For Lease
$40 SF/Yr
325 W Main Street, Lexington, KY 40507
COMMERCIAL - Lexington, KY
Space Size1,885 SF - 27,818 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
99001330-208
Size
156 SF
Lot size
0.88 Acres
Amenities
signalized corner
new exterior facade
balconies
new windows
common areas
new mechanicals
life safety/security
connected parking garage
event space
catering kitchen
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# 25001567
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, restaurant, professional office, executive office, and event uses. The first floor is designed for 27,818 divisible SF of direct-entry retail and restaurant space, while up to 56,246 SF of divisible Class A professional office space is planned above. The project also includes 1,885 SF of executive suite offices and a 1,812 SF event area with a separate catering kitchen.
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 features. The property occupies a signalized corner at Main and Broadway and connects to a 381-space city-owned parking garage.
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 features. The property occupies a signalized corner at Main and Broadway and connects to a 381-space city-owned parking garage.
Key Highlights
- 27,818 divisible SF of 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 plus 1,812 SF event space
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 - Planned improvements will add updated building systems, shared areas, balconies, and a refreshed exterior facade.
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 SF of divisible Class A professional office space; 1,885 SF of executive suite offices plus 1,812 SF event space
