Mixed-Use Property with Retail and
325 W Main Street #206, Lexington, KY 40507
For Lease
$40 SF/Yr
The planned project combines street-level retail and restaurant space with divisible professional offices and event facilities.
Space SizeContact for details
Property Size221 SF
Days on Market649
Property Features for 325 W Main Street #206
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 11:12PM
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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Investment Insights
Based on property information with market context.
A redevelopment at 325 W. Main Street will bring together several commercial formats in downtown Lexington. Plans include 27,818 square feet of ground-floor retail and restaurant space, divisible for different configurations, along with up to 56,246 square feet of Class A professional office space. The program also includes 1,885 square feet of executive offices and an 1,812-square-foot event area with a separate catering kitchen. Zoning is B-2B.
The property occupies the signalized corner of Main Street and Broadway. A connected, city-owned parking garage provides 381 spaces. Renovation work began in Q4 2024, with delivery planned for Q1 2026. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security features.
The property occupies the signalized corner of Main Street and Broadway. A connected, city-owned parking garage provides 381 spaces. Renovation work began in Q4 2024, with delivery planned for Q1 2026. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security features.
Key Highlights
- Up to 56,246 square feet of divisible Class A professional office space
- 27,818 square feet of first‑floor retail and restaurant space
- 1,812‑square‑foot event area with a separate 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 project combines street-level retail and restaurant space with divisible professional offices and event facilities.
Where is this mixed-use property located?
The property is located at 325 W Main Street #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: Up to 56,246 square feet of divisible Class A professional office space; 27,818 square feet of first‑floor retail and restaurant space; 1,812‑square‑foot event area with a separate catering kitchen
