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    Lexington, KY
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    Lexington, KY Medical Office Space for Sale

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    22 properties
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    Renovated Medical Office Building
    Updated: Jun 25
    Renovated Medical Office Building

    160 Prosperous Place, Lexington, KY 40509

    $1,650,000
    6,840 sqft 0.57 AC lot
    Two‑story medical office building with approx. 6,840 SF plus additional basement area
    Completely renovated in 2021 and converted to current medical office use
    First floor includes reception/waiting, nurses’ station/lab, 7 exam rooms, and 2 procedure/x‑ray rooms
    Second floor has multiple private offices plus a conference room and break room, with additional shell space for expansion or buildout
    Full basement is partially finished for office space with storage and overhead door access for records, equipment, or ancillary services
    View details
    Brick Mixed-Use Office Property
    Updated: Jul 5
    Brick Mixed-Use Office Property

    1618 Harrodsburg Road, Lexington, KY 40504

    $575,000
    2,800 sqft 0.28 AC lot
    2,800 SF mixed‑use property on 0.276 acres
    Brick building constructed in 1948
    Reception area, waiting room, private offices, and conference room
    Finished basement with lab/work areas and storage
    Near St. Joseph Hospital and an office park on Harrodsburg Road
    View details
    Medical Office Building with Basement
    Medical Office Building with Basement

    1830 Versailles Road, Lexington, KY 40504

    $700,000
    4,890 sqft 0.25 AC lot

    Medical office property with a flexible above-grade layout plus additional basement space and central air conditioning.

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    See what stands out in Fayette County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Single-Tenant Medical Office Space
    Single-Tenant Medical Office Space

    2339 Sterlington Rd, Unit 1, Lexington, KY 40517

    $820,000
    10,000 sqft

    First-floor condominium with key-fob entry, a security system, and four bathrooms.

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    Office Building with On-Site Parking
    Office Building with On-Site Parking

    2134 Nicholasville Road, Lexington, KY 40503

    $3,195,000
    19,145 sqft 2.22 AC lot

    Established office facility with open parking near UK Healthcare and Baptist Hospital.

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    Medical Office Space For Sale
    Medical Office Space For Sale

    3217 Summit Square Place, Lexington, KY 40509

    $575,000
    3,090 sqft

    Office space near St. Joe East, currently a medical office.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Medical Office with Basement
    Medical Office with Basement

    1830 Versailles Rd, Lexington, KY 40504

    $700,000
    4,890 sqft

    Former medical office offering multiple offices, exam rooms, reception areas, and basement space for added utility.

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    Renovated Medical Office Building
    Renovated Medical Office Building

    160 Prosperous Pl, Lexington, KY 40509

    $1,650,000
    6,840 sqft

    Two-story healthcare facility with exam rooms, procedure rooms, private offices, and basement storage.

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    Professional Office with Finished Basement
    Professional Office with Finished Basement

    1618 Harrodsburg Road, Lexington, KY 40504

    $575,000
    1,980 sqft

    Older home conversion with a reception and waiting area, multiple offices, and a finished basement with lab/work areas.

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    Single-Story Medical Office Building
    Single-Story Medical Office Building

    177 Burt Rd, Lexington, KY 40503

    $1,895,000
    13,004 sqft

    Medical facility positioned beside retail, restaurants, office properties, and other medical office space.

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    Leased Medical Office Condo
    Leased Medical Office Condo

    1021 Majestic Dr, Lexington, KY 40513

    $595,000
    23,103 sqft

    Combined medical office units provide an established professional setting with access to major Lexington corridors and nearby services.

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    Medical Office Suite with Treatment Rooms
    Medical Office Suite with Treatment Rooms

    3217 Summit Square Place Unit 100, Lexington, KY 40509

    $575,000
    10,000 sqft

    Medical office for sale featuring four treatment rooms, a patient waiting area, and dedicated staff and support spaces.

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    Single-Story Medical Office Building
    Single-Story Medical Office Building

    166 Pasadena Dr, Lexington, KY 40503

    Contact for pricing
    12,096 sqft

    Single-story medical office building with reception, exam rooms, nursing stations, restrooms, and x-ray radiation room.

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    Professional Office Suite with Private Entrances
    Professional Office Suite with Private Entrances

    2-3131 Custer Dr, Lexington, KY 40517

    $220,000
    1,152 sqft

    Single-story office suite in a quiet office condo community featuring vaulted ceilings and six enclosed private offices.

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    South Lexington Office Building
    South Lexington Office Building

    200 E Reynolds Road, Lexington, KY 40517

    Contact for pricing
    6,708 sqft

    6,708 SF office building in South Lexington for sale.

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    Office Suites at Griffin Gate
    Office Suites at Griffin Gate

    1510 Newtown Pike, Lexington, KY 40511

    Contact for pricing
    44,574 sqft

    Office suites for lease near Marriott's Griffin Gate Resort.

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    Top-Floor Medical Office Condo
    Top-Floor Medical Office Condo

    1401 Harrodsburg Road, Lexington, KY 40504

    Contact for pricing
    3,082 sqft

    Move-in ready clinical space includes exam rooms, physician offices, and direct elevator access.

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    Freestanding Office Building
    Freestanding Office Building

    3221 Summit Square Pl, Lexington, KY 40509

    $1,675,000
    10,308 sqft

    Fully leased professional office property with two established occupants and P-1 zoning.

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    First-Floor Medical Office Suite
    First-Floor Medical Office Suite

    2424 Sir Barton Way Unit 125, Lexington, KY 40509

    Contact for pricing
    27,864 sqft

    Configured with multiple sinks, private half baths, a kitchenette, and access to common-area restrooms.

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    Class B Office Building
    Class B Office Building

    151 N Eagle Creek Drive, Lexington, KY 40509

    Contact for pricing

    Class B office building with abundant parking in Lexington, KY.

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    Two-Story Office Building with Elevator
    Two-Story Office Building with Elevator

    860 Corporate Dr, Lexington, KY 40503

    Contact for pricing

    Multi-suite office property with lake views, an atrium, and an available former dental office area.

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    Office Building in B-1 Center
    Office Building in B-1 Center

    2473 Fortune Dr, Lexington, KY 40509

    Contact for pricing

    B-1 zoning allows retail, office, and flex uses, with 250+ parking spaces and potential expansion to 300+.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Lexington, KY, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

    Off-Market Properties in Lexington, KY

    Consider similar Off-Market properties in Lexington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1713 Nicholasville Rd
    MEDICAL BUILDING

    1713 Nicholasville Rd, Lexington, KY 40503-1403

    $730,000
    Estimated value
    5,190 sqft 0.66 AC lot
    View details
    1710 Sharkey Way
    MEDICAL BUILDING

    1710 Sharkey Way, Lexington, KY 40511-2028

    $835,000
    Estimated value
    4,334 sqft 0.71 AC lot
    View details

    Lexington, KY Medical Office Space Market Trends and Statistics

    Explore 72 medical office space for sale in Lexington, KY, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 212,366 square feet of properties for sale, with an estimated market value of $15,400,000.

    Sale prices for medical spaces in Lexington, KY start at $220,000, averaging $1,100,000, and reaching up to $3,195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 331
    Office buildings 104
    Medical Office Space 54
    Coworking space 10
    Creative space 10

    Demographics Overview

    Population 322K
    Population Growth (5Y) +1.0%
    Median Household Income $71,202
    College Educated 25.6%

    High-Yield Neighborhoods for Investment

    Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40517 $346.7K
    40513 $595K
    40504 $637.5K
    40509 $1M
    40503 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.22%
    Property Tax per SF $11.25 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fayette County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Fayette County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Lexington fall within the 2,500 to 5,000 square foot range.

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    Most Searched ZIP Codes in Lexington, KY

    • 40509
    • 40504
    • 40503
    • 40517
    • 40511
    • 40513

    Featured Lexington Real Estate Agencies

    Realmo connects you with licensed Lexington CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Commonwealth
    1908 Bryant Rd, Suite 250 Lexington, KY 40509
    Phone: 18597212121
    www.kwcommonwealth.com
    United Real Estate Lexington KY
    444 Lewis Hargett Circle, Ste. 180 Lexington, KY 40503
    Phone: 18593966706
    www,unitedrealestatelexingtonky.com

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