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Retail Space With On-Site Parking
For Sale
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405 Limestone, Lexington, KY 40508

Built in 2020, the property supports a food hall concept alongside restaurant and service-oriented retail uses.

Property SizeContact for details
Days on Market499

Property Features for 405 Limestone

General Information

Standard status Active
Property subtype Retail

Amenities

ample on-site parking
3

Building Details

Year Built 2020
Listing Agency: Block + Lot Homes
Listed By: Gregory Leveridge · License #215416
Source: Xome
Added: Apr 11, 2025 Changed: Aug 19 Last Checked: Aug 22 at 4:34AM

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

Investment Insights

Based on property information with market context.

This 2020-built retail space is positioned for a mixed commercial concept that can combine food, dining, and service-oriented retail. The stated programming includes a food hall alongside a more traditional retail experience, with multiple business uses intended to work together within the property.

The site is located at 405 Limestone in Lexington and includes on-site parking. Its planned role within a community and campus setting also connects the space with the surrounding UK innovation environment. UK Plus acceptance is noted as part of the property’s positioning.

Key Highlights

  • 2020‑built retail space at 405 Limestone, Lexington, KY 40508
  • On‑site parking included
  • Planned food hall and traditional retail concepts

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Nursing Home Pet 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.

Location Intelligence

Trade Area within ½ mile

3,029
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 77% Dining 23%
Marathon Petroleum Shops & Services
2,407 visits/mo 0.2 miles
China Star Dining
725 visits/mo 0.3 miles

Demographics for 40508, KY

25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Built in 2020, the property supports a food hall concept alongside restaurant and service-oriented retail uses.
Where is this retail space located?
The property is located at 405 Limestone Lexington, KY.
What are key features of this property?
This property features: 2020‑built retail space at 405 Limestone, Lexington, KY 40508; On‑site parking included; Planned food hall and traditional retail concepts
More about this property
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