For Lease
$18/SF/YR

527 Third StLexington, KY 40508

High-traffic location, flexible space, 5,200 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 5,200-square-foot creative office space at 527 East Third Street in Lexington, Kentucky, presents a unique opportunity. The single-tenant property boasts a flexible layout suitable for retail, office, or restaurant use, zoned B-1. The main 2,500-square-foot area features overhead doors, a front entry, and is fully conditioned with exposed ductwork, a single restroom, and spray foam insulated ceilings. Noteworthy features include exposed rafters and a 10-11-foot ceiling height. Utilities are individually metered for water, electric, and gas. An additional 2,700-square-foot contiguous space to the rear, currently leased, offers 11-foot ceilings, an overhead door, and a rear gated entry. The current lessee may have a right of first refusal on this additional space. The property includes 10-20 parking spaces and a 200-amp power supply. This prime location in a high-traffic area offers significant potential for a variety of businesses. The building is a single-story structure in Fayette County, Kentucky, with a zip code of 40508.

Highlights

  • 5,200 SF creative office space at 527 East Third Street, Lexington, KY, suitable for retail, office, or restaurant use (B-1 zoning).
  • Main 2,500 SF area features overhead doors, front entry, exposed ductwork, one restroom, spray foam insulated ceilings, exposed rafters, and 10-11' ceilings.
  • Separate 2,700 SF contiguous space (currently leased, right of first refusal may apply) with 11' ceilings, overhead door, and rear gated entry.
  • 10-20 parking spaces and 200-amp power supply.
  • Individually metered utilities (water, electric, gas).

Property Details for 527 Third St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,200 SF
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
5,200 SF
Rate per SF
$18

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.043677396165
Longitude
-84.483916413263
527 Third St, Lexington, Kentucky

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527 Third St
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