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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
    Renovated Office Building with Reserved Parking
    Updated: Jul 1
    Renovated Office Building with Reserved Parking

    250 E Short Street, Lexington, KY 40507

    $1,895,000
    8,102 sqft 0.12 AC lot
    Renovated in 2018 and built in 1948, offering modern interior finishes and tall ceilings with large windows.
    Fully occupied by three tenants, generating income from day one as a multi‑tenant investment.
    Tenant‑specific improvements were completed within the past year to accommodate the needs of the three current tenants.
    Dedicated west‑side parking lot with nine reserved parking spaces for tenants and their clients.
    Reported 6.7% capitalization rate.
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    Brick Mixed-Use Office Property
    Brick Mixed-Use Office Property

    1618 Harrodsburg Road, Lexington, KY 40504

    $575,000
    2,800 sqft 0.28 AC lot

    Flexible professional layout with private offices, reception space, conference room, and finished basement areas.

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    Single-Story Office Building
    Single-Story Office Building

    1316 Versailles Rd, Lexington, KY 40504

    $750,000
    3,648 sqft 0.49 AC lot

    Flexible commercial layout in an established West Lexington corridor with access to Downtown Lexington and New Circle Road.

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    Renovated Creative Office Building
    Renovated Creative Office Building

    146 E Third Street, Lexington, KY 40508

    $1,750,000
    6,848 sqft 0.21 AC lot

    Historic two-story workspace combines open areas, original finishes, and modern building systems.

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    Renovated Downtown Mixed-Use Building
    Renovated Downtown Mixed-Use Building

    161 N Limestone, Lexington, KY 40507

    $1,825,000
    7,343 sqft 0.05 AC lot

    Brick property with an elevator, leased second floor, and flexible third-floor office configuration.

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    Multi-Office Building
    Multi-Office Building

    277 E High Street, Lexington, KY 40507

    $3,790,000
    12,684 sqft 0.39 AC lot

    Professional layout includes private offices, training space, and onsite parking.

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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    135 W Main Street, Lexington, KY 40507

    $2,950,000
    6,741 sqft

    Modern upper-level offices sit above a restaurant in a 2017 building with elevator service.

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    Three-Story Professional Office Building
    Three-Story Professional Office Building

    1020 Monarch Street, Lexington, KY 40513

    $2,950,000
    22,536 sqft 1.45 AC lot

    Well-maintained three-story office with elevator service, ample surface parking, and a fully leased first floor.

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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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    Three-Suite Storefront Property
    Three-Suite Storefront Property

    395 Elaine Dr, Lexington, KY 40504

    $1,650,000
    7,060 sqft

    B-1 zoning accommodates retail, office, medical, and service-oriented uses.

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    Office Building with Multi-Tenant Lower Level
    Office Building with Multi-Tenant Lower Level

    1170 Manchester Street, Lexington, KY 40508

    $15,500,000
    200,000 sqft 7.00 AC lot

    Multi-tenant leased lower level with additional floors available for redevelopment in an office building on a seven-acre site.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    250 E Short Street, Lexington, KY 40507

    $1,895,000
    8,102 sqft

    Downtown asset with hardwood floors, tall ceilings, large windows, and reserved tenant parking.

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    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.

    View details
    Standalone Office Building
    Standalone Office Building

    1708 Jaggie Fox Way, Lexington, KY 40511

    $975,000
    6,800 sqft 0.99 AC lot

    Freestanding office property with private offices, conference rooms, flexible open space, and a separate lower-level entrance.

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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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    Multi-Tenant Office Building
    Multi-Tenant Office Building

    620 Euclid Ave, Lexington, KY 40502

    $1,899,000
    15,138 sqft

    Fully occupied office property with a long-term tenant roster and convenient access to nearby restaurants, banks, grocery stores, and retail.

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    Stand-Alone Office Building
    Stand-Alone Office Building

    117 W Second St, Lexington, KY 40507

    $575,000
    1,848 sqft

    Efficient professional layout with private offices, conference space, restrooms, kitchen, and dedicated parking.

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    Creative Office Building
    Creative Office Building

    146 Third Street, Lexington, KY 40508

    $1,750,000
    7,258 sqft

    Historically renovated two-story office building includes elevator, boardroom, kitchenette, and on-site parking.

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    Office Building with Private Parking
    Office Building with Private Parking

    277 E High St, Lexington, KY 40507

    $3,790,000
    12,684 sqft

    Professional layout includes multiple offices, support rooms, training space, and dedicated onsite parking.

    View details
    Office Building
    Office Building

    635 N Broadway, Lexington, KY 40508

    $400,000
    1,724 sqft

    Built in 1920, the property provides a compact setting for office use.

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    Three-Story Office Building
    Three-Story Office Building

    1020 Monarch St, Lexington, KY 40513

    $2,950,000
    22,536 sqft

    Elevator-served professional property with leased first-floor space and flexible upper-floor office configurations.

    View details

    Lexington, KY Office Buildings Market Trends and Statistics

    Explore 72 office buildings for sale in Lexington, KY, showcased through 71 active listings on our real estate platform. These investment opportunities span a total of 2,721,505 square feet of properties for sale, with an estimated market value of $62,709,000.

    Sale prices for office properties in Lexington, KY start at $400,000, averaging $2,411,884, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 337
    Office buildings 109
    Medical Office Space 58
    Creative space 11
    Coworking 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
    40511 $487.5K
    40503 $727.1K
    40502 $949.5K
    40509 $995K
    40507 $1.2M

    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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    Popular Searches in Lexington, KY

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    Most Searched ZIP Codes in Lexington, KY

    • 40507
    • 40503
    • 40504
    • 40509
    • 40508
    • 40511
    • 40502
    • 40517
    • 40513
    • 40505

    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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