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    401 W Main St Lexington, KY 40507

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    401 W Main St Lexington, KY 40507


    • Retail space
    • 183,018 SF
    • 1.68 lot acres
    Downtown Lexington Office/Retail Complex For Lease
    $19,780,000
    140,000 SF

    Downtown Lexington Office/Retail Complex

    140,000 SF office/retail complex in downtown Lexington.

    401 W Main St, Lexington, KY 40507
    View Listing
    Property ID
    US34-0587035
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Square / Business Service Center / Corporate Office
    • C-Forward / Tech Support Center / IT Consulting Firm
    • Plymale Gallery / Art Gallery
    • Lexington Rotary Club / Charitable Organization / Social Service Agency
    • Henry Watz Raine & Marino, PLLC / Law Firm

    Property Details for 401 W Main St

    Year built
    1905
    Lot size
    1.68 lot acres
    Property size
    183,018 SF
    Zone code
    B-2B
    Property type
    Retail space
    APN
    13802900
    APU
    13802900

    Description

    The Square, located at 401 W Main St, Lexington, KY 40507, offers a unique opportunity to lease prime office and retail space in the heart of downtown Lexington. This 140,000 square foot complex boasts eight individual suites, ranging from a minimum of 702 square feet to a maximum contiguous space of 11,253 square feet. Currently, 25,334 square feet are available for lease, providing flexibility for businesses of various sizes. The property is situated on a 1.68-acre lot and features multiple tenancy options, ideal for a variety of uses including executive office, creative office, traditional office, salon, and street retail. Its central location at the intersection of Main Street and Broadway (US 68) provides excellent visibility and accessibility, with easy access to Interstates 75 and 64. The building includes elevators for convenient access to all floors. This Fayette County property presents a compelling opportunity for businesses seeking a prominent location in a vibrant downtown setting. The diverse suite sizes and adaptable space cater to a wide range of business needs, making The Square an attractive option for both established companies and startups alike. The property's prime location and ample square footage make it an exceptional investment opportunity in a thriving Kentucky market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $19,782,000
      Market price range: $19.8M - $54.6M
      AI Estimate
      $19,782,000
      Market price range: $19.8M - $54.2M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $31,945,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5
    Latitude
    38.0496
    CBSA code
    30460
    CBSA name
    LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $73,207
    $0.00
    $0.00
    $5,920,000
    -
    $0.00
    $0.00
    $5,920,000
    View Listing
    More about this property
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