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    155 Main St Lexington, KY 40507

    Sponsored
    For Lease
    $16 SF/Yr ($3,250 /Mo)

    Prime Office Suites, 800-2438 SF

    Lot size:
    2,438 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This four-story, Class B office building, constructed in 1984, offers 2,438 square feet of immediately available space in Lexington's Central Business District. Located at 155 E Main St, Lexington, KY 40507, on a 0.26-acre lot, the property features elevator access, key fob entry, and on-site parking. The space is divisible to a minimum of 800 square feet, with a maximum contiguous space of 2,438 square feet. The building is zoned B2-B. Interior finishes are described as very nice. Available suites include private offices, a private bathroom (plus two common area bathrooms), a conference room, and a kitchen/break room. Enjoy beautiful views of Lexington's vibrant downtown core. The property's APN is 12105669. This is a single building with multiple tenancies.

    Property Features for 155 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,438 SF
    Class
    B
    Total Rate
    3250.67

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Second Floor Space
    Size
    2,438 SF
    Rate per SF
    $16

    HighLights

    • 30,000+ SF building in Lexington's downtown.
    • 800‑2,438 SF of available space.
    • $16/SF/year gross lease rate.
    • Suites feature private offices, conference room, kitchen/breakroom, and private bathroom.
    • Prime Main Street location in Lexington.
    • Strong tenant mix including law firms, design firms, architects, and other professionals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Morgan & Westfield Business Broker Boyd Law Office, ... Law Firm Fenwick Law Attorney Mapother & Mapother Attorney Kentucky Board of Architects State Government Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.495726
    Latitude
    38.045569

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Suites, 800-2438 SF
    Where is this office property / space located?
    The property is located at 155 Main St Lexington, KY.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 30,000+ SF building in Lexington's downtown.; 800-2,438 SF of available space.; $16/SF/year gross lease rate.
    Request Owner's contact information
    155 Main St 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
    155 Main St Lexington, KY 40507
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