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

767 Lane Allen Road, Lexington, KY 40504

Commercial Lease, Lexington, KY

Space SizeContact for details
Lot Size0.22 Acres
Days on Market96

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 Exterior Entry, Partially Finished, Full, Sump Pump, Walk-Out Access
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

Building Details

Year built 1952
Floors in Building 2
Listing Agency: Weesner Properties, Inc.
Listed By: Pat H Borg
Added: Jul 17 Changed: Oct 12 Last Checked: Oct 20 at 5:06AM
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.

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Investment Insights

Based on property information with market context.

Available for lease, this 1,579-square-foot office property occupies a 1.5-story all-brick building constructed in 1952. The interior includes hardwood flooring, a reception area, four or five offices, and two half baths with one located on each level. A walk-out basement is partially finished and offers additional office or storage capacity.

The property includes 10 rear parking spaces and is positioned near Harrodsburg Road, New Circle, and Downtown Lexington. Building systems include heat-pump heating, central air conditioning, cable availability, and public sewer service. B-1 zoning applies to the property.

Key Highlights

  • 1,579 SF office building with a 1.5‑story all‑brick design
  • Walk‑out partially finished basement for office or storage use
  • Reception area, 4 or 5 offices, and 2 half baths

Property Analytics

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Current Use

Nightlight Christian Adoptions Adoption Agency

Suggested Use

Top Pick Law Firm Building Supply Hair Salon Auto Parts Store Big Box & Wholesale Store Auto Repair Shop

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
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Market

Lease Benchmarks for Lexington, KY

$24.2 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,244 SF
Avg Space Size

This space is priced 37% below the average of $24.2 /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

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office layout with reception, multiple private rooms, and supplemental basement space for storage or workspace.
Where is this office unit 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: 1,579 SF office building with a 1.5‑story all‑brick design; Walk‑out partially finished basement for office or storage use; Reception area, 4 or 5 offices, and 2 half baths
More about this property
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