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Mixed-Use Redevelopment With Retail
For Lease
$25 SF/Yr

325 W Main St Unit 305, Lexington, KY 40507

Downtown redevelopment combines direct-entry retail, professional offices, executive suites, and event space in a renovated commercial setting.

Space Size1,885 SF - 27,818 SF
Days on Market32

Property Features for 325 W Main St Unit 305

General Information

Standard status Active
Size 1,885 SF - 27,818 SF
Net Rentable 27,818 SF
Class A
Total Parking Spaces 381

Space & Availability

Available Space 1,885-27,818 SF
Contiguous Space 27,818 SF
Divisible Yes
Floor 1
Space Use Retail/Restaurant
Sublease No
Available From 2026-Q1

Site & Location

Corner Location Yes
Road Access Yes

Amenities

exterior facade
balconies
windows
common areas
mechanicals
life safety/security
parking garage
event space
catering kitchen

Building Details

Year Built 1985
Year Renovated 2026
Tenancy Multi
Listing Agency: Block + Lot Real Estate
Listed By: Peter Barr · License #65116
Source: Sellkentucky
Added: Jul 29 Changed: Aug 28 Last Checked: Aug 28 at 3:55PM

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.

325 W. Main is a mixed-use redevelopment at the signalized intersection of Main and Broadway in downtown Lexington. The project includes 27,818 square feet of divisible first-floor retail and restaurant space, up to 56,246 square feet of divisible Class A professional office space, 1,885 square feet of executive suites, and 1,812 square feet of event space supported by a separate catering kitchen.

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 elements. The property also connects to a 381-space city-owned parking garage, providing parking access for occupants and visitors.

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

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /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

$35.38 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
25,911 SF
Avg Space Size

This space is priced 29% below the average of $35.38 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown redevelopment combines direct-entry retail, professional offices, executive suites, and event space in a renovated commercial setting.
Where is this mixed-use property located?
The property is located at 325 W Main St Unit 305 Lexington, KY.
What is the lease rate?
The lease rate is $25 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
More about this property
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