325 W Main St, Unit 203 Lexington, KY 40507

Property Details for 325 W Main St

Lot size

0.09 lot acres

Zone code

B-2

Property type

Commercial land

APN

10034120

APU

10034120

Description

This exceptional commercial property, located at the highly visible intersection of Main and Broadway in Lexington, KY, offers a unique redevelopment opportunity. The 90,172 square foot building sits on a 0.88-acre lot and is undergoing a complete renovation, commencing in Q4 2024 with anticipated completion in Q1 2026. The revitalization includes a stunning new exterior facade, updated balconies and windows, completely renovated common areas, and upgraded mechanical, life safety, and security systems. The flexible floor plan caters to a variety of commercial uses. The ground floor features 29,221 square feet of divisible retail/restaurant space with direct street access. Upper floors provide up to 55,452 square feet of divisible Class A professional office space, along with 2,625 square feet of executive suites. A unique amenity is a 1,815 square foot event space complete with a separate catering kitchen, available for tenant and public use. This prime location benefits from its proximity to numerous restaurants, retail establishments, and entertainment venues. Furthermore, the property offers convenient access to a 381-space city-owned parking garage, directly connected to the building. This is an unparalleled chance to secure a prominent presence in the heart of Lexington's vibrant downtown. The asking price is $40 million.