Mixed-Use Property with
325 W Main Street #204, Lexington, KY 40507
For Lease
$40 SF/Yr
The planned redevelopment combines street-level retail and restaurant space with several professional office and event-space configurations.
Space SizeContact for details
Property Size286 SF
Days on Market649
Property Features for 325 W Main Street #204
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License KY #65116
(859) 351-7924
Source:
Bluegrasspropertiesgroup
Added: Jan 30, 2025
Changed: Nov 4
Last Checked: Nov 8 at 11:25PM
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 Homes
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 325 W. Main Street, the redevelopment is planned to include 27,818 square feet of first-floor retail and restaurant space, with divisible suites and direct entry. Office offerings include up to 56,246 square feet of divisible Class A space and 1,885 square feet of executive offices. A separate 1,812-square-foot event area includes a catering kitchen available to tenants and the public. Planned improvements include a new exterior facade, balconies, windows, shared interior areas, mechanical systems, and life-safety and security upgrades.
The property occupies the signal-controlled intersection of Main Street and Broadway in downtown Lexington. A connected, city-owned parking garage provides 381 spaces. Renovation began in Q4 2024, with delivery scheduled for Q1 2026.
The property occupies the signal-controlled intersection of Main Street and Broadway in downtown Lexington. A connected, city-owned parking garage provides 381 spaces. Renovation began in Q4 2024, with delivery scheduled for Q1 2026.
Key Highlights
- 27,818 square feet of first‑floor retail and restaurant space, divisible and with direct entry
- Up to 56,246 square feet of divisible Class A office space
- Includes 1,885 square feet of executive offices and a 1,812‑square‑foot event space with catering kitchen
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
$31.58 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
28,604 SF
Avg Space Size
This space is priced 27% above the average of $31.58 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The planned redevelopment combines street-level retail and restaurant space with several professional office and event-space configurations.
Where is this mixed-use property located?
The property is located at 325 W Main Street #204 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 square feet of first‑floor retail and restaurant space, divisible and with direct entry; Up to 56,246 square feet of divisible Class A office space; Includes 1,885 square feet of executive offices and a 1,812‑square‑foot event space with catering kitchen
