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Property profile & analytics
OFF-MARKET
Specialty properties

175 Main St Lexington, KY 40507

55,000 SF 0.19 ac lot
Property ID
Property summary
AI-generated overview

175 E Main St, Lexington, KY 40507, offers 2,500-7,100 square feet of exceptional retail or restaurant space in a Class A, six-story building. This vibrant location, at the signalized corner of Main Street and Martin Luther King Blvd, boasts 55,000 total square feet, with 7,100 square feet currently vacant on the first floor. The property, renovated in 2022, features 14-16 foot ceilings, allowing for flexible design and redevelopment. A sizable patio area (approximately 4,500 square feet) offers additional outdoor space, ideal for a restaurant or other businesses. The building includes two elevators, secure underground parking with direct lobby access, and a convenient location within Lexington's downtown business center, a short walk from City Center and Rupp Arena. The property's B-2B zoning allows for a variety of commercial uses. This is a unique opportunity to establish a presence in a thriving, high-traffic area with excellent visibility and signage opportunities. The building sits on 0.19 acres of land. The available space is highly adaptable and encourages full reconfiguration. Potential uses include, but are not limited to, a breakfast restaurant, bourbon/wine bar, lounge, or coffee shop. This property offers a blend of modern amenities and a prime downtown location.

Property profile
Verified
Property type Specialty properties
Total area 55,000 SF
Lot 0.19 ac (8,276 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kentucky Court Reporters Law Firm
  • Moloney Michael R Law Firm
  • Hays John W Law Firm
  • Subway Take-out & Catering
  • Morgan Pottinger McGarvey Law Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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