Lexington, KY Mixed-use Properties for Sale

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$1,825,000

7,343 SF

Downtown Lexington Mixed-Use Building

161 N Limestone, Lexington, KY 40507

Three-story renovated building in prime downtown location.

Prime downtown location across from the Courthouse on N Limestone Street
Upscale renovations completed in 2020, including new roof, hardwood floors, and HVAC
Existing leases in place: First floor lease‑back potential with Georgie's Social House and second floor lease through October 2030 with Relix Bridal, Inc
Elevator access with coded private access
Flexible third‑floor space adaptable for owner occupancy, single‑tenant lease, or individual office suites

Updated: Mar 12

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Lexington Mixed-Use Investment Opportunity

$2,600,000

11,000 SF

Lexington Mixed-Use Investment Opportunity

109-119 N Mill Street, Lexington, KY 40507

Six apartments and two retail storefronts in three buildings.

Stabilized property with strong rental history provides immediate income.
Six apartments and two retail storefronts offer diversified income streams.
Contiguous buildings simplify property management.
Complete renovation in 2010 ensures modern standards and reduced maintenance.
Exceptionally well‑maintained condition minimizes immediate repairs.

Updated: Mar 27

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140,000 SF

Downtown Lexington Mixed-Use Complex

140,000 SF mixed-use complex in downtown Lexington.

401 West Main Street, Lexington, KY 40507

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3,478 SF

Retail Space Near UK Campus

Retail leasing opportunities in mixed-use complex near University of Kentucky.

685 South Limestone, Lexington, KY 40508

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Mixed-Use Development Near Lexington Airport

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86,700 SF

Mixed-Use Development Near Lexington Airport

Four-building mixed-use property with office, retail, flex, and warehouse space.

1051 Newtown Pike, Lexington, KY 40511

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309,135 SF

Mixed-Use Development on 19.71 Acres

Five-building mixed-use development with office, retail, flex, and warehouse space.

1300 New Circle Road, Lexington, KY 40505

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Downtown Building with Upscale Renovations

$1,825,000

7,343 SF

Downtown Building with Upscale Renovations

Downtown building with recent renovations and lease income potential.

161 N Limestone, Lexington, KY 40507

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$3,595,000

Lexington Mixed-Use Investment Portfolio

Multi-family and commercial properties near the University of Kentucky.

201-235 Woodland Ave, 473-477 East Maxwell, 488-498 East High Street, Lexington, KY 40502

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Distillery District Redevelopment Opportunity

$15,500,000

200,000 SF

Distillery District Redevelopment Opportunity

Redevelopment opportunity in the heart of The Distillery District.

1170 Manchester Street, Lexington, KY 40508

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$6,500,000

18,032 SF

Mixed-Use Gem in Downtown Lexington

Four-story mixed-use building in the heart of downtown Lexington.

144 North Broadway, Lexington, KY 40507

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Winchester Mixed-Use Commercial Opportunity

$500,000

5,054 SF

Winchester Mixed-Use Commercial Opportunity

Versatile property with commercial space, apartment, and expansion potential.

808 Bypass Road, Winchester, KY 40391

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$1,650,000

10,362 SF

Historic Income Property in Paris

Historic mixed-use property with multiple income streams in downtown Paris.

339 Main Street, Paris, KY 40361

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$750,000

3,066 SF

Paris, KY Mixed-Use Property

Highly visible mixed-use property with retail and apartment spaces.

5761 Lexington Road, Paris, KY 40361

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$775,000

2.60 Acres

Prime Land on Bypass Road

Land for retail, office, storage, and mixed-use development.

529 Bullion Boulevard 3B, Winchester, KY 40391

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,500,000

148.00 Acres

148 Acres Winchester Development Land

148 acres of land zoned for planned development.

1395 Two Mile Road, Winchester, KY 40391

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$490,000

1.53 Acres

Downtown Winchester Land Assemblage

1.53 acres of vacant land in downtown Winchester, Kentucky.

33-41 Winn Avenue, Winchester, KY 40391

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$2,200,000

41.29 Acres

Harrodsburg Development Land For Sale

41.29 AC development land in Harrodsburg, Kentucky.

653 Bohon Rd, Harrodsburg, KY 40330

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$450,000

2.72 Acres

MIXED USE (COMMERCIAL/INDUSTRIAL)

Lot: 0.99 Acres

Value Estimation by Request

1585 Mercer Rd, Lexington, KY 40511-1261

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MIXED USE (COMMERCIAL/INDUSTRIAL)

8,100 SF Lot: 0.55 Acres

Estimated value

$1,025,000

255 Big Run Rd, Lexington, KY 40503-2957

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MIXED USE (COMMERCIAL/INDUSTRIAL)

7,739 SF Lot: 2.14 Acres

Estimated value

$1,210,000

2004 Duncan Machinery Dr, Lexington, KY 40504-1007

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MIXED USE (COMMERCIAL/INDUSTRIAL)

10,492 SF Lot: 0.69 Acres

Estimated value

$550,000

105 Cisco Rd, Lexington, KY 40504-1107

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MIXED USE (COMMERCIAL/INDUSTRIAL)

4,336 SF Lot: 0.20 Acres

Value Estimation by Request

527 Lagonda Ave, Lexington, KY 40505-4013

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MIXED USE (COMMERCIAL/INDUSTRIAL)

4,696 SF Lot: 3.19 Acres

Estimated value

$885,000

451 Blue Sky Pkwy, Lexington, KY 40509-9445

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MIXED USE (COMMERCIAL/INDUSTRIAL)

5,172 SF Lot: 0.40 Acres

Value Estimation by Request

1129 Commercial Dr, Lexington, KY 40505-3815

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Lexington, KY Mixed-Use Properties Investment Opportunities Market Analysis

Explore 72 mixed-use properties for sale in Lexington, KY, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 225,686 square feet of properties for sale, with an estimated market value of $21,750,000.

Sale prices for multi use buildings in Lexington, KY start at $1,825,000, averaging $5,437,500, and reaching up to $15,500,000 — 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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Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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 median listing prices of real estate assets

Neighborhood	Average Price
40507	$2.6M
40502	$3.6M
40508	$15.5M

Taxes & Financing

Tax Rate (average for all types) 1.22%

Property Tax per SF $11.25 per sq ft

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

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Lexington, KY Mixed-use Properties for Sale

Downtown Lexington Mixed-Use Building

Three-story renovated building in prime downtown location.

Lexington Mixed-Use Investment Opportunity

Six apartments and two retail storefronts in three buildings.

Downtown Lexington Mixed-Use Complex

Retail Space Near UK Campus

Mixed-Use Development Near Lexington Airport

Mixed-Use Development on 19.71 Acres

Downtown Building with Upscale Renovations

Lexington Mixed-Use Investment Portfolio

Distillery District Redevelopment Opportunity

Mixed-Use Gem in Downtown Lexington

Opportunities in Nearby Cities

Winchester Mixed-Use Commercial Opportunity

Historic Income Property in Paris

Paris, KY Mixed-Use Property

Prime Land on Bypass Road

Potential Development Sites for Consideration

148 Acres Winchester Development Land

Downtown Winchester Land Assemblage

Harrodsburg Development Land For Sale

Danville Commercial Land Opportunity

Off-Market Properties in Lexington, KY

1669 Jaggie Fox Way, Lexington, KY 40511-1084

799 Enterprise Dr, Lexington, KY 40510-1031

2472 Fortune Dr, Lexington, KY 40509-4125

1050 Enterprise Dr, Lexington, KY 40510-1016

2432 Fortune Dr, Lexington, KY 40509-4269

2456 Fortune Dr, Lexington, KY 40509-4240

2437 Fortune Dr, Lexington, KY 40509-4213

1585 Mercer Rd, Lexington, KY 40511-1261

255 Big Run Rd, Lexington, KY 40503-2957

2004 Duncan Machinery Dr, Lexington, KY 40504-1007

105 Cisco Rd, Lexington, KY 40504-1107

527 Lagonda Ave, Lexington, KY 40505-4013

451 Blue Sky Pkwy, Lexington, KY 40509-9445

1129 Commercial Dr, Lexington, KY 40505-3815

Lexington, KY Mixed-Use Properties Investment Opportunities Market Analysis

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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