Search
Mixed-Use Property With Retail
For Lease
$35 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 Retail
Zoning description B-2B
Subdivision Commercial
Directions Located on the signalized hard corner of Main St. and S. Broadway.
Standard status Active
APN 99001330
Size 27,818 SF
Lot size 0.88 Acres

Amenities

signalized corner
new exterior facade
balconies
common areas
life safety/security
connected parking garage
event space
catering kitchen

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# 25001559

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.

This mixed-use redevelopment at 325 W. Main Street is planned to accommodate several commercial formats within a renovated 1985 building. The first floor is designed for 27,818 square feet of divisible retail and restaurant space with direct entry. Additional planned components include up to 56,246 square feet of divisible Class A professional office space, 1,885 square feet of executive suite offices, and a 1,812-square-foot event space with a separate catering kitchen.

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

Key Highlights

  • 27,818 SF of divisible first‑floor retail and restaurant space with direct entry
  • Up to 56,246 SF of divisible Class A professional office space
  • 1,885 SF of executive suite offices

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.25 /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 3% above 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned redevelopment combines direct-entry commercial space with 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 $35 SF/Yr.
What are key features of this property?
This property features: 27,818 SF of divisible first‑floor retail and restaurant space with direct entry; Up to 56,246 SF of divisible Class A professional office space; 1,885 SF of executive suite offices
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message