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    Lexington, KY Office Buildings for Sale

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    Three-Story Professional Office Building
    Updated: Oct 6, 2025
    Three-Story Professional Office Building

    1020 Monarch Street, Lexington, KY 40513

    $3,100,000
    22,536 sqft 1.45 AC lot
    Three‑story professional office building built in 2004 with approximately 22,536 SF and elevator service
    First floor is fully leased to two professional tenants, providing stable rental income
    Second floor includes a large training room, open area for cubicles/workstations, 3 private offices, a large conference room, and a spacious break room
    Third floor totals 7,632 RSF with 22 private offices, large and small conference rooms, and multiple restrooms plus break and dedicated storage room
    Membrane roof and ample surface parking on‑site
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    This listing looks promising.

    Here's a quick look at some key insights for

    1020 Monarch Street, Lexington, KY 40513

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $252K
      Annual

    • Mortgage

      $2.26M
      Sep 2019

    • Last Sold

      Sep 2019
      $2.83M

    • Property Type

      Office Building
      Built 2004
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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
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    Medical and Professional Office Property
    Medical and Professional Office Property

    1618 Harrodsburg Road, Lexington, KY 40504

    $599,000
    2,800 sqft 0.28 AC lot

    Office and medical-ready interiors include a reception area, private offices, and a finished basement with lab/work space.

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    Renovated Office Building with Reserved Parking
    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 with dedicated on-site reserved parking for tenant and client access, currently fully occupied by three tenants.

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    Office Building for Sale
    Office Building for Sale

    300 East Main Street, Lexington, KY 40507

    $850,000
    9,717 sqft

    For-sale commercial office property at 300 East Main Street in Lexington, Kentucky.

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    Historic Creative Office Building
    Historic Creative Office Building

    146 E Third Street, Lexington, KY 40508

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

    Move-in ready two-story office with renovated interiors, elevator, and dedicated parking in Downtown Lexington.

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    Iconic Downtown Lexington Office Building
    Iconic Downtown Lexington Office Building

    277 E High Street, Lexington, KY 40507

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

    Highly visible office space with redevelopment potential in downtown Lexington.

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    Versatile Medical Office Building
    Versatile Medical Office Building

    1830 Versailles Road, Lexington, KY 40504

    $700,000
    4,890 sqft 0.25 AC lot

    Former medical office with flexible room layout and substantial above-grade plus basement space for owner-users or investors.

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    Nicholasville Road Investment Opportunity
    Nicholasville Road Investment Opportunity

    112 Dennis Dr, Lexington, KY 40503

    $975,000
    8,262 sqft

    Two-story office building with long-term tenant near Nicholasville Road.

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    Class A Office Building
    Class A Office Building

    424 Lewis Hargett Circle, Lexington, KY 40503

    $5,645,000
    42,447 sqft 1.80 AC lot

    Fully occupied, income-producing office property in Lexington’s Fayette Mall/Nicholasville Road corridor.

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    Nicholasville Road Commercial Building For Sale
    Nicholasville Road Commercial Building For Sale

    2134 Nicholasville Rd, Lexington, KY 40503

    $3,195,000
    19,145 sqft 2.20 AC lot

    Commercial building on 2.2 acres with ample parking.

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    Prime Lexington Commercial Building
    Prime Lexington Commercial Building

    2134 Nicholasville Road, Lexington, KY 40503

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

    Highly visible building on 2.2 acres near UK Healthcare.

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    Stand-Alone Office Building with Corner Signage
    Stand-Alone Office Building with Corner Signage

    287 Pasadena Drive, Lexington, KY 40503

    Contact for pricing
    5,480 sqft

    Stand-alone office space with private on-site parking and prominent signage at a lighted corner intersection.

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    Medical/Office Building in Lexington, KY
    Medical/Office Building in Lexington, KY

    3288 Eagle View Ln, Lexington, KY 40509

    $4,492,888
    21,271 sqft

    21,271 SF medical/office building in established healthcare corridor.

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    Office Conversion Data Center Opportunity
    Office Conversion Data Center Opportunity

    101 Yorkshire Blvd., Lexington, KY 40509

    $18,086,600
    180,866 sqft 15.20 AC lot

    180,866 SF Class A building suitable for data center.

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    Suburban Office Building Near Shopping
    Suburban Office Building Near Shopping

    1025 Dove Run Road, Lexington, KY 40502

    Contact for pricing
    16,321 sqft 0.83 AC lot

    Multi-tenant office building with convenient access and ample parking.

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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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    Eastern Fayette County Office Building
    Eastern Fayette County Office Building

    2285 Executive Drive, Lexington, KY 40505

    Contact for pricing
    38,367 sqft

    Four-story office building in Eastern Fayette County near Hamburg Place.

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    Hamburg Place Office Leasing Opportunity
    Hamburg Place Office Leasing Opportunity

    2517 Sir Barton Way, Lexington, KY 40509

    Contact for pricing
    27,516 sqft

    Office space for lease in Lexington's Hamburg Place.

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    Class A Office Building Lexington
    Class A Office Building Lexington

    101-119 Prosperous Place, Lexington, KY 40509

    Contact for pricing
    52,200 sqft

    Class A office building with high visibility and easy access.

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    Lexington Office Building Near Nicholasville
    Lexington Office Building Near Nicholasville

    2401-2409 Regency Road, Lexington, KY 40503

    Contact for pricing
    25,000 sqft

    25,000 SF office building in South Lexington for lease.

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    Class A Office Building
    Class A Office Building

    1648 McGrathiana Pkwy, Lexington, KY 40511

    $25,000,000

    100% occupied Lexington office building anchored by long-term tenants.

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    Class A Office Asset
    Class A Office Asset

    333 W Vine Street 700, Lexington, KY 40507

    Contact for pricing
    14,826 sqft 0.40 AC lot

    Class A office building with connected parking garage.

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    Lexington Suburban Office Building
    Lexington Suburban Office Building

    771 Corporate Drive, Lexington, KY 40503

    Contact for pricing

    Ten-story Class A office building in Lexington's Corporate Center.

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    Lexington, KY Office Buildings Market Trends and Statistics

    Explore 72 office buildings for sale in Lexington, KY, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 365,553 square feet of properties for sale, with an estimated market value of $49,923,488.

    Sale prices for office properties in Lexington, KY start at $599,000, averaging $3,565,963, and reaching up to $18,086,600 — 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 143
    Office buildings 57
    Medical Office Space 23
    Coworking space 7
    Creative space 6

    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
    40504 $700K
    40507 $1.2M
    40503 $1.5M
    40508 $1.8M
    40509 $4.8M

    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)

    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

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

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