Mixed-Use Property with Retail
For Lease
$40 SF/Yr
325 W Main St Unit 203, Lexington, KY 40507
Redevelopment includes retail, restaurant, professional office, executive suites, and event space in downtown Lexington.
Space Size1,812 SF - 56,246 SF
Days on Market27
Property Features for 325 W Main St Unit 203
General Information
Standard status
Active
Size
1,812 SF - 56,246 SF
Net Rentable
1,812 SF
Total Parking Spaces
381
Space & Availability
Available Space
1,812-56,246 SF
Contiguous Space
56,246 SF
Divisible
Yes
Amenities
balconies
common areas
life safety/security
catering kitchen
event space
Building Details
Year Built
1985
Listing Agency:
Block + Lot Real Estate
(859) 351-7924
Listed By:
Peter Barr · License #65116
Source:
Meliarealty
Added: Aug 6
Changed: Aug 29
Last Checked: Aug 30 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block + Lot Real Estate
Investment Insights
Based on property information with market context.
325 W. Main is a mixed-use redevelopment offering a broad range of commercial space within a renovated downtown property. The program includes 27,818 square feet of divisible first-floor retail and restaurant space, up to 56,246 square feet of divisible Class A professional office space, 1,885 square feet of executive suites, and a 1,812-square-foot event area with a separate catering kitchen. The property was built in 1985, with redevelopment work begun in Q4 2024 and delivery planned for Q1 2026.
Located at the signalized intersection of Main Street and Broadway in Lexington, the property provides direct access to a 381-space connected city-owned parking garage. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security components.
Located at the signalized intersection of Main Street and Broadway in Lexington, the property provides direct access to a 381-space connected city-owned parking garage. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security components.
Key Highlights
- 27,818 SF of divisible first‑floor retail/restaurant space
- Up to 56,246 SF of divisible Class A professional office space
- 1,885 SF of executive suite offices
Property Analytics
Current Use
Lease Details
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
Market
Lease Benchmarks for Lexington, KY
$35.38 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
25,911 SF
Avg Space Size
This space is priced 13% above the average of $35.38 /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 includes retail, restaurant, professional office, executive suites, and event space in downtown Lexington.
Where is this mixed-use property located?
The property is located at 325 W Main St Unit 203 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 retail/restaurant space; Up to 56,246 SF of divisible Class A professional office space; 1,885 SF of executive suite offices
