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Neighborhood Retail Suite
For Lease
$650/Mo

520 Booker Street #1, Lexington, KY 40508

Compact commercial space zoned for neighborhood business use, with retail, service, and office uses identified in the listing.

Space Size275 SF
Days on Market515

Property Features for 520 Booker Street #1

General Information

Standard status Active
Size 275 SF
Net Rentable 275 SF
Zoning B-1 Business Neighborhood

Space & Availability

Available Space 275 SF
Contiguous Space 275 SF

Site & Location

Neighborhood Northside Nghd Assoc

Building Details

Building Size 275 SF
Year Built 1963
Listing Agency: Bluegrass Property Exchange
Listed By: Tyrell Hayden · License #219464
Source: Bluegrasspropertiesgroup
Added: Jun 10, 2025 Changed: Nov 4 Last Checked: Nov 6 at 12:24AM

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 Bluegrass Property Exchange

Rey
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Investment Insights

Based on property information with market context.

This 275-square-foot retail suite, built in 1963, is offered for rent and zoned B-1 Business Neighborhood. The listing identifies retail, service, and office uses for the space.

Exterior work is underway, including new paint, windows, window units, gutters, and metal-wrapped soffits and fascia. Planned site improvements include concrete work and landscaping.

Key Highlights

  • 275‑square‑foot retail suite
  • B‑1 Business Neighborhood zoning
  • Exterior updates include paint, windows, window units, gutters, and metal‑wrapped soffits and fascia

Property Analytics

Current Use

Moonstruck Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Pharmacy Spa & Massage Center Building Supply Dental Office Skin Care Clinic

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

NNN (Triple Net)
Lease Type
$4.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Rally's Dining
5,145 visits/mo 0.1 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

$32.8 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
36,557 SF
Avg Space Size

This space is priced 14% below the average of $32.8 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Compact commercial space zoned for neighborhood business use, with retail, service, and office uses identified in the listing.
Where is this retail space located?
The property is located at 520 Booker Street #1 Lexington, KY.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: 275‑square‑foot retail suite; B‑1 Business Neighborhood zoning; Exterior updates include paint, windows, window units, gutters, and metal‑wrapped soffits and fascia
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