Mixed-Use Redevelopment with
For Lease
$25 SF/Yr
325 W Main Street, Lexington, KY 40507
Commercial Lease, Lexington, KY
Space Size1,885 SF - 56,246 SF
Lot Size0.88 Acres
Days on Market591
Property Features for 325 W Main Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
B-2B
Subdivision
Commercial
Directions
Located on the signalized hard corner of Main St. and S. Broadway.
Standard status
Active
APN
99001330-305
Size
1,188 SF
Lot size
0.88 Acres
Amenities
event space
catering kitchen
balconies
connected parking garage
Building Details
Year built
1985
Floors in Building
3
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Added: Jan 30, 2025
Changed: Sep 12
Last Checked: Sep 13 at 12:06AM
MLS# 25001574
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The redevelopment at 325 W. Main Street will combine multiple commercial formats within a renovated mixed-use property. Planned offerings include 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 suite offices, and 1,812 square feet of event space with a separate catering kitchen.
Positioned at the signalized intersection of Main and Broadway in downtown Lexington, the property provides direct-entry retail and restaurant opportunities alongside office and event uses. 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 features. A 381-space connected city-owned parking garage serves the property.
Positioned at the signalized intersection of Main and Broadway in downtown Lexington, the property provides direct-entry retail and restaurant opportunities alongside office and event uses. 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 features. A 381-space connected city-owned parking garage serves the property.
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Lexington, KY
$32.86 /SF/Yr
Avg Asking Price
$8–$45 /SF/Yr
Price Range
28,092 SF
Avg Space Size
This space is priced 24% below the average of $32.86 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Redevelopment offers divisible retail, restaurant, professional office, executive suite, and event spaces in a connected urban setting.
Where is this mixed-use property located?
The property is located at 325 W Main Street 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
