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    Lexington, KY Restaurants for Lease

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    Retail Space in Innovation Community
    Updated: Jan 22
    Retail Space in Innovation Community

    405 S Limestone, Lexington, KY 40508

    $30 SF/Yr
    349 sqft 3.83 AC lot
    349 SF retail space built in 2020
    3.83‑acre commercial setting
    B‑1 zoning
    Targeted mix includes restaurants and service‑oriented retail
    Food hall concept included in tenant strategy
    View details
    Retail Space with On-Site Parking
    Updated: Apr 16, 2025
    Retail Space with On-Site Parking

    405 S Limestone, Lexington, KY 40508

    $25 SF/Yr
    1,451 sqft 3.83 AC lot
    1,451 SF retail space built in 2020
    3.83‑acre property at 405 S Limestone, Lexington, KY
    Tenant mix envisioned for food hall, restaurants, and service‑oriented retail
    UK Plus accepted
    Ample on‑site parking
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    Mixed-Use Redevelopment With Retail
    Mixed-Use Redevelopment With Retail

    325 W Main Street, Lexington, KY 40507

    $40 SF/Yr
    221 sqft 0.88 AC lot

    Planned downtown redevelopment combines direct-entry retail, restaurant, office, executive suite, and event space opportunities.

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    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    6401 Polo Club Ln, Lexington, KY 40509

    $12.32 SF/Yr
    14,607 sqft

    Freestanding retail building with drive-thru window, stacking lane, and ample on-site parking.

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    Mixed-Use Downtown Redevelopment
    Mixed-Use Downtown Redevelopment

    325 W Main Street, Lexington, KY 40507

    $25 SF/Yr
    4,077 sqft 0.88 AC lot

    Planned space will accommodate retail, restaurant, office, executive suite, and event uses in a renovated downtown property.

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    Downtown Mixed-Use Redevelopment
    Downtown Mixed-Use Redevelopment

    325 W Main St Unit 209, Lexington, KY 40507

    $40 SF/Yr
    88,479 sqft

    Planned spaces span street-level retail and restaurant suites, professional offices, executive suites, and event facilities.

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    Downtown Mixed-Use Redevelopment
    Downtown Mixed-Use Redevelopment

    325 W Main St Unit 304, Lexington, KY 40507

    $25 SF/Yr
    88,479 sqft

    Redevelopment will combine retail, restaurant, office, executive suite, and event space within a renovated downtown property.

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    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    325 W Main St Unit 203, Lexington, KY 40507

    $40 SF/Yr
    88,479 sqft

    Redeveloped property offering retail, restaurant, office, event, and executive suite space.

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    Downtown Mixed-Use Redevelopment
    Downtown Mixed-Use Redevelopment

    325 W Main St Unit 207, Lexington, KY 40507

    $40 SF/Yr
    88,479 sqft

    Redeveloped space will combine retail, restaurant, professional office, executive suites, and event facilities in one downtown property.

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    Mixed-Use Property with On-Site Parking
    Mixed-Use Property with On-Site Parking

    405 S Limestone Unit 1, Lexington, KY 40508

    $30 SF/Yr
    20,000 sqft

    Designed for food, restaurant, service, and traditional retail concepts within a community-oriented tenant mix.

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    Retail Space with On-Site Parking
    Retail Space with On-Site Parking

    405 S Limestone Unit 2, Lexington, KY 40508

    $25 SF/Yr

    Unit 2 offers retail space in a 2020 building with on-site parking.

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    Corner Restaurant Outparcel
    Corner Restaurant Outparcel

    350 Foreman Ave, Lexington, KY 40508

    Contact for pricing
    3,258 sqft

    Built in 2005 near student housing, the University of Kentucky, and Downtown Lexington.

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    Restaurant Endcap with Patio
    Restaurant Endcap with Patio

    112 Lucille Dr, Lexington, KY 40511

    Contact for pricing
    3,200 sqft

    Second-generation sublease space in a multi-tenant retail building with outdoor seating and established co-tenancy.

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    Retail Space in Southland Center
    Retail Space in Southland Center

    125 Southland Drive, Lexington, KY 40503

    $15 SF/Yr

    Retail space in a high-traffic Lexington retail corridor.

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    Freestanding Restaurant with Drive-Thru
    Freestanding Restaurant with Drive-Thru

    134 Malabu Dr, Lexington, KY 40503

    Contact for pricing
    5,200 sqft

    Freestanding 5,200 SF restaurant sublease includes an existing drive-thru lane and exterior patio at The Venue.

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    Retail Space with Food Hall Concept
    Retail Space with Food Hall Concept

    405 S Limestone, Lexington, KY 40508

    $25 SF/Yr
    682,752 sqft

    Planned tenant mix includes restaurants, service-oriented retail, and other complementary business uses.

    View details
    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    325 W Main Street, Lexington, KY 40507

    $35 SF/Yr
    88,479 sqft

    Redevelopment combines direct-entry retail, professional offices, executive suites, and event space within a multi-use commercial project.

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    Restaurant Space with High Visibility
    Restaurant Space with High Visibility

    1927 Harrodsburg Road, Lexington, KY 40504

    Contact for pricing

    Restaurant space available with prominent visibility off Harrodsburg Road near major retailers and services.

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    Restaurant Space with Terraces
    Restaurant Space with Terraces

    113 Turner Commons Way, Lexington, KY 40511

    $45 SF/Yr
    10,046 sqft

    Two-level commercial space within The Commons master-planned development, offering flexible restaurant layouts and access to shared outdoor areas.

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    Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 19 Active listings in Lexington, KY, we suggest exploring alternatives. Similar 10 Properties for Sales.

    Similar Spaces for Sale in Lexington, KY

    Consider Similar Space for Sale. We found 10 Spaces matching your search parameters.

    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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    Restaurant With Included Equipment
    Restaurant With Included Equipment

    351 Southland Drive, Lexington, KY 40503

    $500,000
    1,080 sqft 0.06 AC lot

    Existing restaurant space includes equipment, central air, and natural gas and electric heating systems.

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    Restaurant Opportunity on Southland Drive
    Restaurant Opportunity on Southland Drive

    351 Southland Dr, Lexington, KY 40503

    $500,000
    1,080 sqft

    Restaurant for sale on Southland Dr with equipment included.

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    Freestanding Restaurant For Sale
    Freestanding Restaurant For Sale

    1015 Winchester Road, Lexington, KY 40505

    $1,200,000
    2,100 sqft

    Freestanding restaurant building for sale in Lexington, Kentucky.

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    Chinese Restaurant Business
    Chinese Restaurant Business

    4750 Hartland Parkway, Lexington, KY 40515

    $69,997
    62,465 sqft

    The sale includes the operating business and transfer of its existing lease, subject to landlord approval.

    View details

    Lexington, KY Restaurants Lease Rates & Market Statistics

    Browse 19 Restaurants for lease in Lexington, KY on Realmo, a commercial real estate marketplace serving the Lexington area. The current inventory totals 1,187,556 square feet of properties — an average of ~62,500 SF per listing.

    Asking lease rates for Restaurants in Lexington start at $12.32 SF/Yr, average $30.15 SF/Yr, and reach $45 SF/Yr at the top of the market. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $30.15 SF/Yr is 23% above the Kentucky state average of $24.54 SF/Yr.

    Lexington accounts for 100% of the 19 restaurants currently available across Fayette County. By space type, the market includes 13 conventional restaurants and 4 other restaurants.

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    Most Searched ZIP Codes in Lexington, KY

    • 40507
    • 40508
    • 40503
    • 40511
    • 40504
    • 40509

    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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