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

367 W Short Street, Lexington, KY 40507

Commercial Lease, Lexington, KY

Space Size3,159 SF
Lot Size0.16 Acres
Days on Market443

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

Amenities

coffee bar
private restroom

Building Details

Year built 1920
Listing Agency: Keller Williams Commonwealth · Keller Williams Realty
Listed By: Bryan Little · License #217370
Added: Jun 30, 2025 Changed: Sep 12 Last Checked: Sep 15 at 9:06PM
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.

The entire third floor at 367 W Short Street provides approximately 3,159 square feet of office space in a 1920 building. The existing configuration includes 6–7 large offices, open work areas, a coffee bar, and a private restroom. Elevator service provides access to the suite, and proposed lease terms include all utilities.

The property is located in downtown Lexington, within walking distance of Rupp Arena and the new convention center. Its full-floor layout combines enclosed offices with open workspace, supporting a range of professional office configurations without sacrificing shared amenities.

Key Highlights

  • Entire third floor comprising approximately 3,159 square feet
  • Existing layout includes 6–7 large offices and open work areas
  • Coffee bar and private restroom included within the suite

Property Analytics

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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 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.40 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$23.25 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,869 SF
Avg Space Size

This space is priced 31% below the average of $23.25 /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 - Downtown office space with flexible rooms, shared work areas, elevator access, and a private restroom.
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: Entire third floor comprising approximately 3,159 square feet; Existing layout includes 6–7 large offices and open work areas; Coffee bar and private restroom included within the suite
More about this property
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