Downtown Mixed-Use
325 W Main Street #305, Lexington, KY 40507
For Lease
$25 SF/Yr
B-2B zoning and a signalized corner position at Main Street and Broadway anchor this Lexington offering.
Space Size1,885 SF - 27,818 SF
Days on Market649
Property Features for 325 W Main Street #305
General Information
Standard status
Size
Net Rentable
Class
Total Parking Spaces
Zoning
Space & Availability
Available Space
Contiguous Space
Divisible
Floor
Space Use
Available From
Site & Location
Neighborhood
Corner Location
Road Access
Amenities
new exterior facade
balconies
new windows
new common areas
new mechanicals
life safety/security
parking garage
Building Details
Building Size
Year Built
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 4
Last Checked: Nov 8 at 11:25PM
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
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.
At 325 W Main Street, the listed property measures 1,188 SF and is part of a downtown redevelopment with planned retail, restaurant, office, executive suite, and event space. The project includes 27,818 SF of divisible first-floor retail and restaurant space, up to 56,246 SF of divisible Class A office space, 1,885 SF of executive suite offices, and 1,812 SF 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.
The property occupies the signalized corner of Main Street and Broadway in downtown Lexington, Kentucky. A connected, city-owned parking garage provides 381 spaces. The redevelopment schedule cited a Q4 2024 start and Q1 2026 delivery.
The property occupies the signalized corner of Main Street and Broadway in downtown Lexington, Kentucky. A connected, city-owned parking garage provides 381 spaces. The redevelopment schedule cited a Q4 2024 start and Q1 2026 delivery.
Key Highlights
- 1,188 SF listed property
- Signalized corner at Main Street and Broadway in downtown Lexington
- 27,818 SF of divisible first‑floor retail and restaurant space
Property Analytics
Current Use
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
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 - B-2B zoning and a signalized corner position at Main Street and Broadway anchor this Lexington offering.
Where is this mixed-use property located?
The property is located at 325 W Main Street #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: 1,188 SF listed property; Signalized corner at Main Street and Broadway in downtown Lexington; 27,818 SF of divisible first‑floor retail and restaurant space
