325 Main St Lexington, KY 40507

This exceptional commercial property, located at 325 W Main Street, Unit 306, Lexington, KY, presents a unique investment opportunity in the heart of downtown. Boasting a total of 90,172 square feet on a 0.88-acre lot, this redevelopment project is poised for significant returns. The building features 29,221 square feet of divisible ground-floor retail and restaurant space, perfect for attracting high-traffic businesses. Above, there's up to 55,452 square feet of divisible Class A professional office space, catering to a variety of tenants. Further enhancing the property's appeal are 2,625 square feet of executive suite offices and a versatile 1,815 square feet of event space complete with a separate catering kitchen, ideal for tenant use or community events. Construction is slated to begin in Q4 2024, with completion expected in Q1 2026. The renovation will encompass a complete exterior facade upgrade, including new balconies and windows, as well as comprehensive improvements to common areas, mechanical systems, life safety, and security features. The property benefits from its highly visible location at the signalized intersection of Main and Broadway, and enjoys convenient access to a connected, city-owned parking garage with 381 spaces. This is an unparalleled chance to acquire a state-of-the-art commercial space in a thriving downtown Lexington location. The asking price is $25 million.