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Downtown Mixed-Use Redevelopment
For Lease
$40 SF/Yr

325 W Main St Unit 209, Lexington, KY 40507

Planned spaces span street-level retail and restaurant suites, professional offices, executive suites, and event facilities.

Space SizeContact for details
Days on Market8

Property Features for 325 W Main St Unit 209

General Information

Standard status Active

Building Details

Year Built 1985
Listing Agency: Block + Lot Real Estate
Listed By: Peter Barr · License #65116
Source: Meliarealty
Added: Sep 30 Changed: Oct 6 Last Checked: Oct 5 at 9:39PM

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.

At 325 W. Main Street, a downtown redevelopment is planned with 27,818 square feet of ground-floor retail and restaurant space, available for division and with direct entry. The program also includes 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.

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 work began in Q4 2024, with delivery scheduled for Q1 2026. Planned improvements include a new exterior facade, balconies, windows, shared areas, mechanical systems, and life-safety and security features.

Key Highlights

  • 27,818 square feet of direct‑entry retail and restaurant space, divisible
  • Up to 56,246 square feet of divisible Class A professional office space
  • 1,885 square feet of executive suite offices

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

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

$30.49 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
34,549 SF
Avg Space Size

This space is priced 31% above the average of $30.49 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned spaces span street-level retail and restaurant suites, professional offices, executive suites, and event facilities.
Where is this mixed-use property located?
The property is located at 325 W Main St Unit 209 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 direct‑entry retail and restaurant space, divisible; Up to 56,246 square feet of divisible Class A professional office space; 1,885 square feet of executive suite offices
More about this property
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