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    249 Main St Lexington, KY 40507

    For Lease
    $20 SF/Yr

    Downtown Lexington Office - 2,351 SF Available

    Lot size:
    46,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    249 E. Main Street, Lexington, KY 40507 offers a unique 2,351 square foot office space for lease. Located in the heart of Lexington's Central Business District, between Rose Street and Martin Luther King Boulevard, this Class A building provides an exceptional work environment. The property features a striking open atrium, a modern glass elevator shaft, and exposed brick, blending historical charm with contemporary design. The building totals 46,936 square feet across four stories and includes elevator service. This particular space is immediately available and represents the minimum divisible space within the building, with a maximum contiguous space also of 2,351 square feet. The property is categorized as both Creative and Traditional Office space, offering flexibility for various business needs. The building's prime location in Fayette County offers easy access to Lexington's amenities and transportation networks. This is a multi-tenant building, providing a vibrant and collaborative atmosphere. Inquire today to learn more about this exceptional opportunity.

    Property Features for 249 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,936 SF
    Class
    A
    Total Rate
    78226.67

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,351 SF
    Rate per SF
    $20

    HighLights

    • 249 Main Street enjoys a prime location in the Central Business District, situated between Rose Street and Martin Luther King Boulevard.
    • The building features an attractive open atrium, a glass elevator, exposed brick, and modern finishes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TOWN BRANCH COMMONS Park Foundations Human Resources ... Human Resource Consulting Heather Risk, PsyD ... Psychologist Cornett Advertising Agency Color by Tiffany Beauty Salon

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Law Firm Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.4939085
    Latitude
    38.0439387

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    FAQs

    What type of property is this?
    Office space - Downtown Lexington Office - 2,351 SF Available
    Where is this office space located?
    The property is located at 249 Main St Lexington, KY.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 249 Main Street enjoys a prime location in the Central Business District, situated between Rose Street and Martin Luther King Boulevard.; The building features an attractive open atrium, a glass elevator, exposed brick, and modern finishes.;
    Request Owner's contact information
    249 Main St Lexington, KY 40507
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    Lexington, KY 40507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    249 Main St Lexington, KY 40507
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