Retail

Lexington, KY Retail Space for Sale

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25 properties
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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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Three-Suite Storefront Property
Updated: Jul 10
Three-Suite Storefront Property

395 Elaine Dr, Lexington, KY 40504

$1,650,000
7,060 sqft
7,060‑square‑foot building with three suites
B‑1 zoning supports retail, medical, office, and service‑oriented uses
Suite sizes are approximately 1,180 SF, 2,995 SF, and 2,836 SF
Two end‑cap suites available for immediate lease
2,836 SF suite includes double‑door side access for loading and unloading
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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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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
Est. NOI available after sign in
Local Demand available after sign in
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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Shopping Center with Retail and Office Space
Shopping Center with Retail and Office Space

820-828 Lane Allen Rd, Lexington, KY 40504

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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

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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

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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

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35,264 sqft

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

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Corner Retail Space with Office
Corner Retail Space with Office

800 Euclid Avenue, Lexington, KY 40502

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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

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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

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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

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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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White-Box Retail Suite
White-Box Retail Suite

3851 Mall Road, Lexington, KY 40503

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2,000 sqft

White-box suite within a retail center near Fayette Mall and established shopping, dining, and entertainment users.

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Redevelopment Retail Building and Land
Redevelopment Retail Building and Land

671 N BROADWAY, Lexington, KY 40508

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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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Freestanding Retail Building
Freestanding Retail Building

539 W New Circle Road, Lexington, KY 40511

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4,005 sqft 0.69 AC lot

Open-plan commercial space with B-3 zoning, signage, and on-site parking.

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

1051 Newtown Pike, Lexington, KY 40511

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86,700 sqft 9.88 AC lot

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

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

524 W New Circle Road, Lexington, KY 40511

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1,400 sqft

Retail suite in high-traffic Lexington retail corridor.

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Retail Space with Pylon Sign
Retail Space with Pylon Sign

1973 Bryant Rd, Lexington, KY 40509

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10,695 sqft

Retail property with a pylon sign and two access points off Bryant Rd.

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Retail Suite in Ruccio Pavilion
Retail Suite in Ruccio Pavilion

220 Ruccio Way, Lexington, KY 40503

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18,394 sqft

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

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Retail Space in Hamburg Place
Retail Space in Hamburg Place

2321 Sir Barton Way, Lexington, KY 40509

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2,550 sqft

Retail spaces available in regional shopping center near I-75.

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Anchored Neighborhood Shopping Center
Anchored Neighborhood Shopping Center

208 Legends Lane, Lexington, KY 40505

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70,217 sqft

Neighborhood shopping center anchored by Save-A-Lot and Dollar General.

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Retail Space Near UK Campus
Retail Space Near UK Campus

685 South Limestone, Lexington, KY 40508

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3,478 sqft

Retail leasing opportunities in mixed-use complex near University of Kentucky.

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Community Shopping Center For Sale
Community Shopping Center For Sale

1505-1557 E. New Circle Road, Lexington, KY 40509

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Community shopping center with high traffic and multiple access points.

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Kroger-Anchored Retail Center Opportunity
Kroger-Anchored Retail Center Opportunity

3650 Boston Road, Lexington, KY 40514

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Retail spaces available in a Kroger-anchored neighborhood center.

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Lexington, KY Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Lexington, KY, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 418,980 square feet of properties for sale, with an estimated market value of $8,875,000.

Sale prices for retail space in Lexington, KY start at $525,000, averaging $2,218,750, 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 $262.5K
40514 $525K
40504 $1.7M
40507 $5.7M

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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