Downtown Mixed-Use
325 W Main Street #303, Lexington, KY 40507
For Lease
$25 SF/Yr
Planned space includes ground-floor retail and restaurant suites, professional offices, executive offices, and event facilities.
Space Size2,625 SF - 29,221 SF
Days on Market649
Property Features for 325 W Main Street #303
General Information
Standard status
Size
Net Rentable
Class
Total Parking Spaces
Zoning
Space & Availability
Available Space
Divisible
Floor
Space Use
Available From
Site & Location
Neighborhood
Corner Location
Amenities
signalized corner
connected parking garage
new exterior facade
balconies
new windows
common areas
new mechanicals
life safety/security
event space
catering kitchen
Building Details
Building Size
Year Built
Year Renovated
Buildings
Stories
Tenancy
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 7
Last Checked: Nov 9 at 12:56AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 325 W. Main Street in downtown Lexington, this mixed-use redevelopment is planned to include 29,221 square feet of first-floor retail and restaurant space, divisible for multiple occupants. Plans also call for up to 55,452 square feet of Class A professional office space, 2,625 square feet of executive offices, and 1,815 square feet of event space with a separate catering kitchen.
The property occupies the signalized corner of Main Street and Broadway. Renovation began in Q4 2024, with delivery scheduled for Q1 2026. Planned work includes a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security improvements. A connected, city-owned parking garage provides 381 spaces.
The property occupies the signalized corner of Main Street and Broadway. Renovation began in Q4 2024, with delivery scheduled for Q1 2026. Planned work includes a new exterior facade, balconies, windows, common areas, mechanical systems, and life-safety and security improvements. A connected, city-owned parking garage provides 381 spaces.
Key Highlights
- 29,221 square feet of divisible first‑floor retail and restaurant space
- Up to 55,452 square feet of divisible Class A professional office space
- Includes 2,625 square feet of executive offices and 1,815 square feet of event space with a catering kitchen
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /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 21% below 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 - Planned space includes ground-floor retail and restaurant suites, professional offices, executive offices, and event facilities.
Where is this mixed-use property located?
The property is located at 325 W Main Street #303 Lexington, KY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 29,221 square feet of divisible first‑floor retail and restaurant space; Up to 55,452 square feet of divisible Class A professional office space; Includes 2,625 square feet of executive offices and 1,815 square feet of event space with a catering kitchen
