Second-Floor Office
For Lease
$950/Mo Modified Gross
537 Waller Ave, Lexington, KY 40504
Four-room layout supports office or retail use within B-3 zoning.
Space Size1,000 SF
Days on Market19
Property Features for 537 Waller Ave
General Information
Standard status
Active
Size
1,000 SF
Net Rentable
1,000 SF
Elevators
No
Property subtype
Office
Zoning
B-3
Lease Type
Modified Gross
Space & Availability
Available Space
1,000 SF
Contiguous Space
1,000 SF
Floor
2
Space Use
Office
Additional Details
Corner Location
Yes
Building Details
Year Built
1981
Spaces For Lease
at 537 Waller Ave Contact usAvailable Space $950/Mo
Contact us
Listing Agency:
The Gibson Company
(859) 321-3552
Listed By:
Christa Collins · License #239962
(859) 321-3552
Source:
Kcrea.resimplifi
Added: Aug 14
Changed: Aug 31
Last Checked: Sep 1 at 3:38PM
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 The Gibson Company
Investment Insights
Based on property information with market context.
Approximately 1,000 SF of second-floor commercial space is arranged into four rooms, providing a practical layout for office or retail use. The property was built in 1981 and is zoned B-3. There is no elevator serving the space.
The building is positioned at the corner of Waller Ave and S. Broadway in Lexington, with the address at 537 Waller Ave, Lexington, KY 40504. Its upper-level configuration and room divisions offer a defined setting for a small commercial operation.
The building is positioned at the corner of Waller Ave and S. Broadway in Lexington, with the address at 537 Waller Ave, Lexington, KY 40504. Its upper-level configuration and room divisions offer a defined setting for a small commercial operation.
Key Highlights
- Approximately 1,000 SF of second‑floor space
- Four‑room interior layout
- Office or retail use
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.71 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,612
Businesses Nearby
Explore this area
Business Placement
Demographics for 40504, KY
26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$23.19 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
22,476 SF
Avg Space Size
This space is priced 51% below the average of $23.19 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Four-room layout supports office or retail use within B-3 zoning.
Where is this office units located?
The property is located at 537 Waller Ave Lexington, KY.
What is the lease rate?
The lease rate is $950/Mo.
What are key features of this property?
This property features: Approximately 1,000 SF of second‑floor space; Four‑room interior layout; Office or retail use
