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

642 W Main Street, Lexington, KY 40508

COMMERCIAL - Lexington, KY

Space SizeContact for details
Property Size2,846 SF
Lot Size0.25 Acres
Days on Market197

Property Features for 642 W Main Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-2
Zoning description B2B
Parking 20
Subdivision Downtown
Directions Traveling West on Main Street, pass Rupp Arena and you will approach the property on your left. It is the only property that is not set back as far as the rest of the street. The driveway is on the left of the green house
Standard status Active
APN 10553900
Size 2,846 SF
Lot size 0.25 Acres

Utilities

Sewer type Public Sewer

Building Details

Year built 1855
Floors in Building 2
Listing Agency: Keller Williams Bluegrass Realty · Keller Williams Realty
Listed By: Taylor Martin
Added: Jan 21 Changed: Aug 4 Last Checked: Aug 6 at 4:06PM
MLS# 26001503

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 fully renovated historic office building offers move-in ready space designed for professional use. The layout can accommodate approximately 5 to 8 private offices depending on how common areas or conference rooms are configured. Improvements include a full kitchen and break room, along with two half bathrooms—one on each floor.

The property is located on W Main Street in downtown Lexington and is adjacent to Gatton Park, offering a convenient, client-facing setting. Zoning is B-2.

A covered front porch provides an additional exterior entry feature for the building. The owner is a licensed real estate professional, and the space can also be leased together with 640 W Main if desired.

Key Highlights

  • Fully renovated historic office building in the heart of downtown.
  • Move‑in ready condition.
  • Flexible space accommodating 5 to 8 private offices.

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

3,572
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

$18.33 /SF/Yr
Avg Asking Price
$13.5–$21.08 /SF/Yr
Price Range
66,437 SF
Avg Space Size

This space is priced 15% above the average of $18.33 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Fully renovated historic office building with a full kitchen, covered front porch, and two half bathrooms.
Where is this office building located?
The property is located at 642 W Main Street Lexington, KY.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Fully renovated historic office building in the heart of downtown.; Move‑in ready condition.; Flexible space accommodating 5 to 8 private offices.
More about this property
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