Search
Mixed-Use Property with Retail

325 W Main Street #208, Lexington, KY 40507

For Lease
$40 SF/Yr

Retail, restaurant, professional office, executive suite, and event spaces are planned within a downtown redevelopment.

Space SizeContact for details
Property Size156 SF
Days on Market649

Property Features for 325 W Main Street #208

General Information

Standard status Active
Size 156 SF
Zoning B-2B

Site & Location

Neighborhood North Limestone Nghd Assoc

Building Details

Building Size 156 SF
Year Built 1985
Buildings 1
Stories 3
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License KY #65116
Source: Bluegrasspropertiesgroup
Added: Jan 30, 2025 Changed: Nov 9 Last Checked: Nov 8 at 11:18PM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The redevelopment at 325 W. Main Street is planned to include 27,818 square feet of divisible, ground-floor retail and restaurant space, up to 56,246 square feet of divisible Class A professional office space, 1,885 square feet of executive offices, and 1,812 square feet of event space with a separate catering kitchen. Planned improvements include a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security features. Renovation began in Q4 2024, with delivery scheduled for Q1 2026.

The property occupies the signalized corner of Main Street and Broadway in downtown Lexington. A connected, city-owned parking garage has 381 spaces. The site is zoned B-2B.

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 of event space with a separate catering kitchen

Property Analytics

Current Use

iHigh Marketing & Advertising Minner Vines Injury ... Law Firm FedEx Drop Box Postal Service Brian M. Vines Law Firm BRAINBOX Intelligent Marketing Advertising Agency

Suggested Use

Top Pick Auto Parts Store Garden Center Pharmacy Home Appliance Store Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

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

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

$31.58 /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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail, restaurant, professional office, executive suite, and event spaces are planned within a downtown redevelopment.
Where is this mixed-use property located?
The property is located at 325 W Main Street #208 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 of event space with a separate catering kitchen
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved