Retail

Lexington, KY Retail Properties & Spaces for Sale

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Freestanding Automotive Showroom
Updated: Aug 31
Freestanding Automotive Showroom

435 E New Circle Road, Lexington, KY 40505

$1,340,000
2,400 sqft 0.65 AC lot
Established Paradise Motorsports dealership operating at the location for 23 years
2,400 SF freestanding office and showroom built in 2016
Two parcels totaling 0.652 acres
B‑3 zoning
18,398 VPD along E New Circle Road
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Multi-Tenant Storefront Property
Updated: Sep 10
Multi-Tenant Storefront Property

372 Longview, Lexington, KY 40503

$1,000,000
9,090 sqft 0.66 AC lot
2 buildings totaling 9,090 square feet
5 existing tenants across the property
0.6564‑acre site
B‑1 zoning
Built in 1968
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B-3 Storefront Property
B-3 Storefront Property

1709 N Broadway, Lexington, KY 40505

$1,040,000
37,026 sqft 0.85 AC lot

Concrete construction and cable availability support the property’s commercial configuration.

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See hot listings in Lexington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Flex Building with Automotive Lifts
Flex Building with Automotive Lifts

391 United Court, Lexington, KY 40509

$975,000
7,584 sqft 0.62 AC lot

Climate-controlled industrial space includes dedicated offices and warehouse areas equipped for automotive operations.

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Renovated Three-Story Mixed-Use Building
Renovated Three-Story Mixed-Use Building

161 N Limestone, Lexington, KY 40507

$1,825,000
7,343 sqft 0.05 AC lot

Brick downtown building with leased second-floor space and adaptable third-floor offices.

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Single-Story Automotive Repair Garage
Single-Story Automotive Repair Garage

417 South Mill Street, Lexington, KY 40508

$849,000
4,300 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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Renovated Automotive Showroom
Renovated Automotive Showroom

435 E New Circle Rd, Lexington, KY 40505

$1,340,000
2,400 sqft 0.65 AC lot

Freestanding dealership property with showroom, office space, paved on-site access, and business operations included.

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Three-Suite Storefront Property
Three-Suite Storefront Property

395 Elaine Dr, Lexington, KY 40504

$1,650,000
7,060 sqft

B-1 zoning accommodates retail, office, medical, and service-oriented uses.

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

3670 Boston Rd, Lexington, KY 40514

$525,000
2,106 sqft 0.40 AC lot

Freestanding retail building with an existing drive-thru in a Kroger neighborhood shopping center, built in 1991.

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BP Gas Station With Convenience Store
BP Gas Station With Convenience Store

2221 Richmond Rd, Lexington, KY 40502

$2,500,000
987 sqft

BP-branded fuel and convenience facility under an absolute NNN lease along Richmond Road.

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

144 N Broadway, Lexington, KY 40507

$5,700,000
18,032 sqft

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

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Corner Commercial Land with Building
Corner Commercial Land with Building

669 N Broadway, Lexington, KY 40508

$1,270,000
3,596 sqft

Three parcels offer corner access, an existing building, and B-1 zoning for commercial redevelopment.

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Three-Building Mixed-Use Property
Three-Building Mixed-Use Property

109119 109-119 N Mill St, Lexington, KY 40507

$2,600,000
12,000 sqft

Combines apartment residences with retail storefront space across contiguous buildings.

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Flex Space with Drive-In Access
Flex Space with Drive-In Access

1158-1160 Industry Rd, Lexington, KY 40505

Contact for pricing
5,000 sqft

Built-out office and showroom space with grade-level drive-in access and B-4 zoning.

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Shopping Center with Retail and Office Space
Shopping Center with Retail and Office Space

820-828 Lane Allen Rd, Lexington, KY 40504

Contact for pricing
89,549 sqft

Flexible suites accommodate retail, office, service, and professional uses, with on-site parking for customers and employees.

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Open-Plan Retail Space
Open-Plan Retail Space

928 Winchester Rd, Lexington, KY 40505

Contact for pricing
1,100 sqft

B-3 zoning and shared-building retail context define this flexible commercial space.

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Exposed-Beam Retail Space
Exposed-Beam Retail Space

309 N Ashland Ave, Lexington, KY 40502

Contact for pricing
1,000 sqft

B-4-zoned storefront with polished concrete floors, designer lighting, and a distinctive warehouse-inspired interior.

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Multi-Tenant Shopping Center
Multi-Tenant Shopping Center

3644 Boston Road, Lexington, KY 40514

Contact for pricing
35,264 sqft

Fully leased retail center with direct boulevard access and a varied tenant lineup.

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Auto Shop with Service Lifts
Auto Shop with Service Lifts

921 Winchester Rd, Lexington, KY 40505

Contact for pricing
7,413 sqft 0.82 AC lot

B-3-zoned corner property with a paved lot and access from three surrounding streets.

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Corner Retail Space with Office
Corner Retail Space with Office

800 Euclid Avenue, Lexington, KY 40502

Contact for pricing
2,331 sqft

Corner-positioned retail and office property near the University of Kentucky and established commercial occupants.

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Open-Plan Retail Space
Open-Plan Retail Space

1033 North Limestone, Lexington, KY 40505

Contact for pricing
975 sqft

B-1 zoning, retail frontage, secure access, and off-street parking define this commercial space.

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Southland Drive Retail Space
Southland Drive Retail Space

365 Southland Drive, Lexington, KY 40503

Contact for pricing
1,841 sqft

Retail space positioned along Southland Drive with proximity to downtown, the University of Kentucky, and Central Baptist.

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Retail Space on Established Corridor
Retail Space on Established Corridor

909 Liberty Road, Lexington, KY 40505

Contact for pricing
1,600 sqft

1,600 SF retail suite on a high-traffic East Lexington retail corridor with a modified gross lease structure.

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Lexington, KY Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Lexington, KY, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 711,473 square feet of properties for sale, with an estimated market value of $25,224,000.

Sale prices for stores in Lexington, KY start at $525,000, averaging $1,681,600, and reaching up to $5,700,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 38
Shopping centers 34
Automotive properties 12
Showrooms 8
Auto shops 6

Demographics Overview

Population 322K
Population Growth (5Y) +1.0%
Median Household Income $71,202
College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40503 $175K
40505 $446.7K
40514 $525K
40502 $833.3K
40504 $982K

Taxes & Financing

Tax Rate (average for all types) 1.22%
Property Tax per SF $11.25 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fayette County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fayette County

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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