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Historic Brick Office Building

603 W Short Street, Lexington, KY 40508

For Lease
$17 SF/Yr

Hardwood flooring, a renovated kitchen and full bath, and complimentary on-site parking support office occupancy.

Space SizeContact for details
Property Size1,760 SF
Days on Market973

Property Features for 603 W Short Street

General Information

Standard status Active
Size 1,760 SF
Zoning B-1 Neighborhood Business

Site & Location

Neighborhood Historic Western Suburb Nghd Assoc

Additional Details

Space Use Office

Amenities

hardwood floors
kitchen
full bathroom
on-site parking

Building Details

Building Size 1,760 SF
Year Built 1920
Buildings 1
Stories 2
Construction brick
Listing Agency: Block + Lot Homes
Listed By: Lewis P McLean
Source: Bluegrasspropertiesgroup
Added: Mar 12, 2024 Changed: Nov 4 Last Checked: Nov 9 at 12:30AM

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

Rey
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Investment Insights

Based on property information with market context.

At 1,760 square feet, this brick office building offers spacious offices with hardwood floors. A renovated kitchen and full bathroom provide updated interior amenities. The property was built in 1920 and is zoned B-1 Neighborhood Business.

Located at 603 W Short Street in downtown Lexington’s Jefferson Street corridor, the building is one block from Main Street. Nearby restaurants and bars include Stella’s Kentucky Deli, Sorella Gelateria, The Blue Heron Steakhouse, The Goose Lexington, The Apiary, and Distilled on Jefferson. Rupp Arena and the Lexington Convention Center are within walking distance.

Key Highlights

  • 1,760‑square‑foot office building constructed in 1920
  • Brick construction with spacious offices and hardwood floors
  • Renovated kitchen and full bathroom

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Auto Parts Store Mobile Phone 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

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,348
Businesses Nearby

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

$22.18 /SF/Yr
Avg Asking Price
$12–$87.5 /SF/Yr
Price Range
54,259 SF
Avg Space Size

This space is priced 23% below the average of $22.18 /SF/Yr.

Average Price Trend$/SF/Yr for Office buildings in Lexington, KY

$18.33 Jul
$18.42 Aug
$18.2 Sep
$18.8 Oct

Properties on Market for Office buildings in Lexington

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Hardwood flooring, a renovated kitchen and full bath, and complimentary on-site parking support office occupancy.
Where is this office building located?
The property is located at 603 W Short Street Lexington, KY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 1,760‑square‑foot office building constructed in 1920; Brick construction with spacious offices and hardwood floors; Renovated kitchen and full bathroom
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