325 Main StLexington, KY 40507

This exceptional commercial property, located at 325 W. Main Street in the heart of Lexington, KY, presents a unique investment opportunity. Boasting a total of 90,172 square feet on a 0.88-acre lot, this redevelopment project is poised for significant returns. The property features 29,221 square feet of divisible ground-floor retail and restaurant space, perfect for a variety of businesses seeking high visibility and foot traffic. Above the retail space, there's up to 55,452 square feet of divisible Class A professional office space, catering to a range of tenants. Further enhancing the property's appeal are 2,625 square feet of executive suite offices and a versatile 1,815-square-foot 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 update, including new balconies and windows, as well as comprehensive upgrades to common areas, mechanical systems, life safety features, and security. A key advantage is the property's strategic location at the signalized intersection of Main and Broadway, providing unparalleled visibility. Furthermore, tenants and visitors will benefit from access to a connected, city-owned parking garage with 381 spaces. This property offers a blend of modern amenities, prime location, and flexible space configurations, making it an ideal investment for discerning buyers. The asking price is $35 million.