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Renovated Downtown Office Building
For Lease
$5,000/Mo

642 W Main St, Lexington, KY 40508

Flexible professional workspace with private offices, kitchen facilities, and historic architectural character.

Space SizeContact for details
Days on Market27

Property Features for 642 W Main St

General Information

Standard status Active

Space & Availability

Space Use Office
Condition Move-in Ready

Amenities

full kitchen and break room
covered front porch
two half bathrooms

Building Details

Year Built 1855
Stories 2
Listing Agency: Keller Williams Bluegrass Realty
Listed By: Taylor Martin
Source: Sellkentucky
Added: Aug 5 Changed: Aug 28 Last Checked: Aug 30 at 7:41PM

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 Keller Williams Bluegrass Realty

Investment Insights

Based on property information with market context.

This 2,846-square-foot office building combines a fully renovated interior with a structure dating to 1855. The layout can support approximately 5 to 8 private offices, with flexibility to configure shared areas or conference rooms according to operational needs. A full kitchen, break room, and two half bathrooms—one on each floor—support daily staff and client use. Updated finishes and modern fixtures complement the building’s historic character, while a covered front porch adds an additional entry feature.

The property is located at 642 W Main St in downtown Lexington and sits adjacent to Gatton Park. Its downtown setting and client-oriented configuration suit professional office operations requiring a central, accessible workspace. The space is move-in ready and may be leased with 640 W Main if desired.

Key Highlights

  • 2,846 SF renovated office building
  • Approximately 5 to 8 private offices with flexible common‑area or conference‑room configurations
  • Full kitchen and dedicated break room

Property Analytics

Current Use

The Walker House Sober ... Medical Clinic Vertnor Woodson Tandy ... Tour Operator

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic 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
$3.16 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,906
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

$24.25 /SF/Yr
Avg Asking Price
$1.68–$136 /SF/Yr
Price Range
9,638 SF
Avg Space Size

This space is priced 13% below the average of $24.25 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible professional workspace with private offices, kitchen facilities, and historic architectural character.
Where is this office units located?
The property is located at 642 W Main St Lexington, KY.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: 2,846 SF renovated office building; Approximately 5 to 8 private offices with flexible common‑area or conference‑room configurations; Full kitchen and dedicated break room
More about this property
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