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Brick Office Building with Basement
For Lease
$2,000/Mo

767 Lane Allen Road, Lexington, KY 40504

COMMERCIAL - Lexington, KY

Space SizeContact for details
Lot Size0.22 Acres
Days on Market49

Property Features for 767 Lane Allen Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning B-1
Zoning description Neighborhood Business
Rooms Basement
Parking 10
Parking features Open
Basement Sump Pump, Partially Finished, Walk-Out Access, Exterior Entry, Full
Subdivision Garden Springs
Directions Harrodsburg Road outbound. Right on Lane Allen. Property is on the right.
Standard status Active
APN 20325100
Size 1,579 SF
Lot size 0.22 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air

Amenities

hardwood floors
reception area
half bathrooms

Building Details

Year built 1952
Floors in Building 2
Listing Agency: Weesner Properties, Inc.
Listed By: Pat H Borg
Added: Jul 17 Changed: Aug 4 Last Checked: Sep 3 at 2:06AM
MLS# 26018973

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 1.5-story, all-brick office building includes a partially finished walk-out basement that can support additional office space or storage. Interior features include hardwood floors, a reception area, and 4 to 5 offices. There are two half baths, with one on each floor.

The property offers 10 parking spaces in the rear and is described as conveniently located near Harrodsburg Road, New Circle, and Downtown Lexington.

With its compact office layout and the option to use the walk-out basement as functional space, the building provides a straightforward setup for office use.

Key Highlights

  • 1.5‑story all‑brick building with walk‑out partially finished basement for office space or storage
  • Basement level includes a partially finished layout plus additional office/storage potential
  • Features hardwood floors, a reception area, and 4–5 offices

Property Analytics

Current Use

Nightlight Christian Adoptions Adoption Agency

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store Hair Salon Big Box & Wholesale Store Electrical Service

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
$2.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,514
Businesses Nearby

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

$18.42 /SF/Yr
Avg Asking Price
$11.5–$26 /SF/Yr
Price Range
67,563 SF
Avg Space Size

This space is priced 17% below the average of $18.42 /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 building - 1.5-story all-brick office with hardwood floors, reception, multiple offices, two half baths, and rear parking.
Where is this office building located?
The property is located at 767 Lane Allen Road Lexington, KY.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 1.5‑story all‑brick building with walk‑out partially finished basement for office space or storage; Basement level includes a partially finished layout plus additional office/storage potential; Features hardwood floors, a reception area, and 4–5 offices
More about this property
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