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    Fayette County, KY Retail Properties & Spaces for Sale

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    Permit-Ready Corner Retail Shell
    Updated: Jun 16
    Permit-Ready Corner Retail Shell

    503 East Third Street, Lexington, KY 40508

    $1,100,000
    8,260 sqft
    Fully gutted commercial shell (1938) with a submitted building permit for 8,260 SF of three‑front retail
    B‑1 Neighborhood Business zoning; by‑right uses include retail, restaurant, medical, office, and personal service
    Corner location at E Third St & Midland Ave on a signalized intersection, with three proposed suites of 1,730 SF, 3,628 SF, and 2,895 SF
    Suites can be leased individually, combined for a single user, or reconfigured for different layouts
    Offered as‑is, permit‑ready for buyer‑controlled buildout and tenant lease planning
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    This listing looks promising.

    Here's a quick look at some key insights for

    503 East Third Street, Lexington, KY 40508

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $92K
      Annual

    • Mortgage

      $364K
      Feb 2022

    • Last Sold

      Feb 2022
      $455K

    • Property Type

      Apartments (Generic)
      Built 1900
    View Property Analytics
    Downtown Lexington Mixed-Use Building
    Updated: Mar 12
    Downtown Lexington Mixed-Use Building

    161 N Limestone, Lexington, KY 40507

    $1,825,000
    7,343 sqft 0.05 AC lot
    Prime downtown location across from the Courthouse on N Limestone Street
    Upscale renovations completed in 2020, including new roof, hardwood floors, and HVAC
    Existing leases in place: First floor lease‑back potential with Georgie's Social House and second floor lease through October 2030 with Relix Bridal, Inc
    Elevator access with coded private access
    Flexible third‑floor space adaptable for owner occupancy, single‑tenant lease, or individual office suites
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    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    763-765 Lane Allen Road, Lexington, KY 40504

    $650,000
    2,654 sqft 0.21 AC lot

    Multi-tenant retail building with two private entrances and renovated interior spaces, plus below-grade storage and meeting space.

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    Lexington Mixed-Use Investment Opportunity
    Lexington Mixed-Use Investment Opportunity

    109-119 N Mill Street, Lexington, KY 40507

    $2,600,000
    11,000 sqft 0.10 AC lot

    Six apartments and two retail storefronts in three buildings.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Single-Story Automotive Repair Garage
    Single-Story Automotive Repair Garage

    417 South Mill Street, Lexington, KY 40508

    $849,000
    4,332 sqft 0.23 AC lot

    Brick garage with open bays, offices, and paint booth features, positioned on an R-2 site with alley access.

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    Prime Commercial Corner Lot Available
    Prime Commercial Corner Lot Available

    1209 Winchester Road, Lexington, KY 40505

    $949,900
    0.40 AC lot

    High-visibility Lexington corner lot with drive-through approval.

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    Retail Storefront Property
    Retail Storefront Property

    680 Lima Drive, Lexington, KY 40511

    Contact for pricing
    1,000 sqft 1.72 AC lot

    For-sale retail storefront property just off New Circle in Lexington, Kentucky.

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    Prime Retail/Restaurant Outlot Opportunity
    Prime Retail/Restaurant Outlot Opportunity

    2887 Richmond Road, Lexington, KY 40509

    $100,000
    1.30 AC lot

    1.3-acre outlot ideal for retail or restaurant with high visibility.

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    Redevelopment Retail Building and Land
    Redevelopment Retail Building and Land

    671 N BROADWAY, Lexington, KY 40508

    $1,270,000
    3,596 sqft 0.58 AC lot

    B-1 zoned retail/mixed-use structure with redevelopment upside on a hard-corner, three-parcel land assemblage.

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    Prime Retail Land with Income
    Prime Retail Land with Income

    1951 N Broadway, Lexington, KY 40505

    $1,170,000
    2,600 sqft 1.30 AC lot

    1.3 acres of retail land near downtown Lexington.

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    Established Cafe Opportunity
    Established Cafe Opportunity

    814 Euclid Ave, Lexington, KY 40502

    $45,000
    0.03 AC lot

    Turn-key cafe business for sale in Lexington, Kentucky.

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    Freestanding Retail Car Wash Site
    Freestanding Retail Car Wash Site

    2097 Harrodsburg Rd, Lexington, KY 40504

    $1,035,000
    528 sqft 0.69 AC lot

    Freestanding building on Harrodsburg Road with strong traffic exposure and flexible B6-P zoning for multiple retail/auto uses.

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    Downtown Building with Upscale Renovations
    Downtown Building with Upscale Renovations

    161 N Limestone, Lexington, KY 40507

    $1,825,000
    7,343 sqft

    Downtown building with recent renovations and lease income potential.

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    Freestanding Restaurant on Winchester Road
    Freestanding Restaurant on Winchester Road

    1015 Winchester Road, Lexington, KY 40505

    $1,200,000
    2,100 sqft

    Freestanding restaurant with drive-thru for sale on Winchester Road.

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    Versatile Retail Storefront Space
    Versatile Retail Storefront Space

    680 Lima Drive, Lexington, KY 40511

    Contact for pricing
    1,000 sqft

    Retail storefront space on Lima Drive, located just off New Circle in Lexington.

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    Downtown Lexington Retail Investment
    Downtown Lexington Retail Investment

    1200 N Limestone, Lexington, KY 40505

    $685,000
    3,120 sqft

    Retail space in high-traffic Lexington location with strong rental history.

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    Historic Building in NoLi Corridor
    Historic Building in NoLi Corridor

    732 N Limestone, Lexington, KY 40508

    $328,500
    1,181 sqft

    Charming 1,181 SF building in Lexington's vibrant NoLi district.

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    Historic Lexington Retail Investment Opportunity
    Historic Lexington Retail Investment Opportunity

    726 N Limestone, Lexington, KY 40508

    $348,500
    1,307 sqft

    1307 SF building in Lexington's historic North Limestone corridor.

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    West Zandale Plaza Retail/Office Center
    West Zandale Plaza Retail/Office Center

    151 West Zandale Drive, Lexington, KY 40503

    Contact for pricing
    12,000 sqft 1.29 AC lot

    Retail/office center on 1.29 acres near hospitals and universities.

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    Mixed-Use Development Near Lexington Airport
    Mixed-Use Development Near Lexington Airport

    1051 Newtown Pike, Lexington, KY 40511

    Contact for pricing
    86,700 sqft 9.88 AC lot

    Four-building mixed-use property with office, retail, flex, and warehouse space.

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    Leased Neighborhood Shopping Center
    Leased Neighborhood Shopping Center

    158-188 E New Circle Road, Lexington, KY 40505

    Contact for pricing
    47,195 sqft

    Neighborhood retail center on a highly traveled retail corridor with strong visibility and multiple ingress/egress points.

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    Mixed-Use Gem in Downtown Lexington
    Mixed-Use Gem in Downtown Lexington

    144 North Broadway, Lexington, KY 40507

    $6,500,000
    18,032 sqft

    Four-story mixed-use building in the heart of downtown Lexington.

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    Retail Suite in North Park Marketplace
    Retail Suite in North Park Marketplace

    524 W New Circle Road, Lexington, KY 40511

    Contact for pricing
    1,400 sqft

    Retail suite in high-traffic Lexington retail corridor.

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    Retail Suite in Ruccio Pavilion
    Retail Suite in Ruccio Pavilion

    220 Ruccio Way, Lexington, KY 40503

    Contact for pricing
    18,394 sqft

    Retail suite in a family-friendly location near Lexington's busiest areas.

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    Fayette County, KY Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Fayette County, KY, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 283,020 square feet of properties for sale, with an estimated market value of $40,341,000.

    Sale prices for stores in Fayette County, KY start at $328,500, averaging $2,241,166, and reaching up to $15,500,000 — 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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