Retail Space with
For Lease
$30 SF/Yr
405 S Limestone, Lexington, KY 40508
COMMERCIAL - Lexington, KY
Space SizeContact for details
Lot Size3.83 Acres
Days on Market206
Property Features for 405 S Limestone
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
B-1
Zoning description
B-1
Subdivision
Commercial
Directions
Located on the corner of S. Limestone and Avenue of Champions.
Standard status
Active
APN
94038560-1
Size
349 SF
Lot size
3.83 Acres
Building Details
Year built
2020
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Gregory Leveridge · License #215416
(859) 421-8959
Added: Jan 22
Changed: Aug 13
Last Checked: Aug 16 at 4:06PM
MLS# 26001590
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.
This 349-square-foot retail space was built in 2020 and is situated within a 3.83-acre commercial property. The site is intended to accommodate retail-oriented business uses, including restaurants and service businesses, with the broader concept incorporating a food hall and traditional retail experience.
Located at 405 S Limestone in Lexington, the property provides ample on-site parking. The setting is associated with UK innovation space and campus activity, with an intended mix of businesses and community-oriented uses.
Located at 405 S Limestone in Lexington, the property provides ample on-site parking. The setting is associated with UK innovation space and campus activity, with an intended mix of businesses and community-oriented uses.
Key Highlights
- 349‑square‑foot retail space in a 2020‑built property
- B‑1 zoning
- Located on a 3.83‑acre commercial property
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,936
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 92%
Shops & Services 8%
Raising Cane's Chicken Fingers
Dining
34,546 visits/mo
0.3 miles
McDonald's
Dining
34,086 visits/mo
0.2 miles
Tropical Smoothie Cafe
Dining
7,333 visits/mo
0.4 miles
Chase Bank
Shops & Services
6,799 visits/mo
0.3 miles
Qdoba Mexican Grill
Dining
6,091 visits/mo
0.4 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
Lease Benchmarks for Lexington, KY
$42.48 /SF/Yr
Avg Asking Price
$9–$556 /SF/Yr
Price Range
20,457 SF
Avg Space Size
This space is priced 29% below the average of $42.48 /SF/Yr.
Vacancy Rate% for Retail 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?
Retail space - The space carries B-1 zoning and includes on-site parking.
Where is this retail space located?
The property is located at 405 S Limestone Lexington, KY.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 349‑square‑foot retail space in a 2020‑built property; B‑1 zoning; Located on a 3.83‑acre commercial property
