Mixed-Use Property with
325 W Main Street #Retail, Lexington, KY 40507
For Lease
$35 SF/Yr
Downtown space combines ground-floor retail and restaurant suites with office and event areas.
Space SizeContact for details
Property Size27,818 SF
Days on Market649
Property Features for 325 W Main Street #Retail
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Buildings
Stories
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 11:06PM
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 redevelopment brings retail, restaurant, office, and event space together in a mixed-use property. The first floor offers 27,818 square feet of divisible retail and restaurant space with direct entry. Office options include up to 56,246 square feet of divisible Class A space and 1,885 square feet of executive suites. A separate 1,812-square-foot event area includes a catering kitchen.
The property occupies the signal-controlled corner of Main and Broadway in downtown Lexington. Planned work includes a new exterior facade, balconies, windows, shared interior areas, mechanical systems, and life-safety and security improvements. Renovation began in Q4 2024, with delivery scheduled for Q1 2026. A connected, city-owned parking garage provides 381 spaces. The property is zoned B-2B.
The property occupies the signal-controlled corner of Main and Broadway in downtown Lexington. Planned work includes a new exterior facade, balconies, windows, shared interior areas, mechanical systems, and life-safety and security improvements. Renovation began in Q4 2024, with delivery scheduled for Q1 2026. A connected, city-owned parking garage provides 381 spaces. The property is zoned B-2B.
Key Highlights
- 27,818 square feet of divisible first‑floor retail and restaurant space with direct entry
- Up to 56,246 square feet of divisible Class A office space
- 1,885 square feet of executive suite offices
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,572
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
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 11% above the average of $31.58 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown space combines ground-floor retail and restaurant suites with office and event areas.
Where is this mixed-use property located?
The property is located at 325 W Main Street #Retail Lexington, KY.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 27,818 square feet of divisible first‑floor retail and restaurant space with direct entry; Up to 56,246 square feet of divisible Class A office space; 1,885 square feet of executive suite offices
