Mixed-Use Property with Retail
For Lease
$40 SF/Yr
325 W Main St Unit 203, Lexington, KY 40507
Redeveloped property offering retail, restaurant, office, event, and executive suite space.
Space Size1,812 SF - 56,246 SF
Days on Market13
Property Features for 325 W Main St Unit 203
General Information
Standard status
Active
Size
1,812 SF - 56,246 SF
Net Rentable
27,818 SF
Total Parking Spaces
381
Space & Availability
Available Space
1,812-56,246 SF
Contiguous Space
56,246 SF
Divisible
Yes
Floor
Ground
Space Use
Restaurant
Available From
2026-Q1
Additional Details
Road Access
Yes
Amenities
exterior facade
balconies
windows
common areas
mechanicals
life safety/security
Building Details
Year Built
1985
Year Renovated
2026
Tenancy
Multi
Listing Agency:
Block + Lot Real Estate
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Sellkentucky
Added: Sep 10
Changed: Sep 13
Last Checked: Sep 21 at 11:37AM
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.
The planned redevelopment at 325 W. Main St. will combine multiple commercial formats within a renovated mixed-use property. The project includes 27,818 divisible square feet of first-floor retail and restaurant space with direct entry, up to 56,246 divisible square feet of Class A professional office space, 1,885 square feet of executive suite offices, and a 1,812-square-foot event area supported by 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 upgrades. The property occupies the signalized corner of Main and Broadway in downtown Lexington 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 upgrades. The property occupies the signalized corner of Main and Broadway in downtown Lexington and connects to a 381-space city-owned parking garage.
Key Highlights
- 27,818 divisible SF of first‑floor retail and restaurant space with direct entry
- Up to 56,246 divisible SF of Class A professional office space
- 1,885 SF of executive suite offices
Property Analytics
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
3,572
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
McDonald's
Dining
34,086 visits/mo
0.5 miles
Chase Bank
Shops & Services
6,799 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
4,486 visits/mo
0.5 miles
Insomnia Cookies
Dining
4,217 visits/mo
0.4 miles
China Star
Dining
725 visits/mo
0.5 miles
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
$31.23 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
31,616 SF
Avg Space Size
This space is priced 28% above the average of $31.23 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Redeveloped property offering retail, restaurant, office, event, and executive suite space.
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 divisible SF of first‑floor retail and restaurant space with direct entry; Up to 56,246 divisible SF of Class A professional office space; 1,885 SF of executive suite offices
