Downtown Mixed-Use
For Lease
$40 SF/Yr
325 W Main St Unit 207, Lexington, KY 40507
Redeveloped space will combine retail, restaurant, professional office, executive suites, and event facilities in one downtown property.
Space Size27,818 SF
Days on Market15
Property Features for 325 W Main St Unit 207
General Information
Standard status
Active
Size
27,818 SF
Net Rentable
27,818 SF
Total Parking Spaces
381
Space & Availability
Contiguous Space
27,818 SF
Divisible
Yes
Floor
Ground
Space Use
Retail
Available From
2026-Q1
Site & Location
Corner Location
Yes
Road Access
Yes
Amenities
parking garage
Building Details
Year Built
1985
Tenancy
Multi
Listing Agency:
Block + Lot Real Estate
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Sellkentucky
Added: Sep 8
Changed: Sep 13
Last Checked: Sep 21 at 11:22AM
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 redevelopment at 325 W. Main St. will provide 88,479 SF of mixed-use space, including 27,818 SF of divisible first-floor retail and restaurant area. The project also includes up to 56,246 SF of divisible Class A professional office space, 1,885 SF of executive suites, and 1,812 SF of event space supported by a separate catering kitchen.
Positioned at the signalized intersection of Main and Broadway in downtown Lexington, the property is designed for direct-entry commercial space with a range of business and experiential uses. 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. A connected, city-owned parking garage provides 381 spaces.
Positioned at the signalized intersection of Main and Broadway in downtown Lexington, the property is designed for direct-entry commercial space with a range of business and experiential uses. 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. A connected, city-owned parking garage provides 381 spaces.
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 and 1,812 SF event space
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Redeveloped space will combine retail, restaurant, professional office, executive suites, and event facilities in one downtown property.
Where is this mixed-use property located?
The property is located at 325 W Main St Unit 207 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 and 1,812 SF event space
