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Downtown Third-Floor Office Suite
For Lease
$16 SF/Yr

367 W Short Street, Lexington, KY 40507

COMMERCIAL - Lexington, KY

Property Size3,159 SF
Lot Size0.16 Acres
Days on Market398

Property Features for 367 W Short Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description B-2B
Subdivision Commercial
Directions Located at the intersection of W. Short Street and N. Broadway.
Standard status Active
APN District 01
Size 3,159 SF
Lot size 0.16 Acres

Building Details

Year built 1920
Listing Agency: Keller Williams Commonwealth · Keller Williams Realty
Listed By: Bryan Little · License #217370
Added: Jun 30, 2025 Changed: Jun 9 Last Checked: Aug 1 at 3:06AM
MLS# 26013284

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.

367 W Short Street offers a third-floor office suite for lease. The space is approximately 3,159 square feet and features a layout with 6 to 7 large offices, open work areas, a coffee bar, and a private restroom. Elevator access is provided for convenient building access.

The property is described as being in the heart of downtown Lexington. It is within walking distance to Rupp Arena and the new convention center.

This suite is well suited for professional teams that need a mix of private offices and collaborative open workspace. The inclusion of a coffee bar and private restroom supports day-to-day tenant operations, while the elevator access can be helpful for customer or employee convenience. Proposed lease terms include all utilities, which may simplify budgeting for an office tenant.

Key Highlights

  • Downtown Lexington office space on 367 W Short Street
  • Entire third floor offers +/- 3,159 SF with an existing office layout
  • Includes 6–7 large offices, open work spaces, and a coffee bar

Property Analytics

Current Use

Cheyenne Resources Inc Coalfield Cumberland Surety: Mahan ... Insurance Agency Mama Tequila Restaurant XOXO Nightclub & Lounge Bar & Pub Charlet Don Insurance Agency

Suggested Use

Top Pick Garden Center Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store HVAC Service Electrical Service

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

7
Office units
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,854
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

$23.15 /SF/Yr
Avg Asking Price
$1.68–$136 /SF/Yr
Price Range
3,877 SF
Avg Space Size

This space is priced 31% below the average of $23.15 /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
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor office space with multiple private offices, open work areas, and elevator access in downtown Lexington.
Where is this office units located?
The property is located at 367 W Short Street Lexington, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Downtown Lexington office space on 367 W Short Street; Entire third floor offers +/- 3,159 SF with an existing office layout; Includes 6–7 large offices, open work spaces, and a coffee bar
More about this property
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