Downtown Mixed-Use
For Lease
$40 SF/Yr
325 W Main St Unit 206, Lexington, KY 40507
Planned space spans retail, dining, professional offices, executive suites, and event functions within a renovated downtown property.
Space SizeContact for details
Days on Market34
Property Features for 325 W Main St Unit 206
General Information
Standard status
Active
Building Details
Year Built
1985
Listing Agency:
Block + Lot Real Estate
(859) 351-7924
Listed By:
Peter Barr · License #65116
Source:
Sellkentucky
Added: Jul 29
Changed: Aug 30
Last Checked: Aug 30 at 5:24PM
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 property at 325 W. Main St. is a downtown mixed-use redevelopment with a broad leasing program. Planned components include 27,818 square feet of first-floor retail and restaurant space, up to 56,246 square feet of Class A professional office space, 1,885 square feet of executive suites, and an 1,812-square-foot event venue with a separate catering kitchen. The spaces are divisible to accommodate different configurations.
Renovation work began in Q4 2024, with delivery targeted for Q1 2026. The project includes a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security improvements. The site occupies the signalized intersection of Main Street and Broadway in downtown Lexington and connects to a 381-space city-owned parking garage.
Renovation work began in Q4 2024, with delivery targeted for Q1 2026. The project includes a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security improvements. The site occupies the signalized intersection of Main Street and Broadway in downtown Lexington and connects to a 381-space city-owned parking garage.
Key Highlights
- 27,818 SF of divisible first‑floor retail and 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 - Planned space spans retail, dining, professional offices, executive suites, and event functions within a renovated downtown property.
Where is this mixed-use property located?
The property is located at 325 W Main St Unit 206 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 and restaurant space; Up to 56,246 SF of divisible Class A professional office space; 1,885 SF of executive suite offices
