111 Cheapside

Office for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 30872324
Property Subtypes: Mixed Use, Office Building
Contiguous Space: 2,520 SF
Building Size (RSF): 2,520 SF
Gross Building Area: 5,000 SF
Gross Land Area: 0.04 Acres
Lease Rate: $2,750 (Monthly)
$13.10 PSF (Annual)
Lease Types: Modified Gross
Ceiling: 15 ft.
In Opportunity Zone? Yes
Usable Size (USF): 2,520 SF
Last Updated: 5/9/2024

Overview / Comments

We are excited to offer +/- 2,520 SF of office/retail space for lease at 111 Cheapside. Located in the heart of Downtown Lexington above the popular cocktail bar Centro, and adjacent to the remodeled Courthouse at Cheapside Square, this space is ideally situated for a number of potential users. There is a
dedicated entrance from the ground floor and a beautiful, grand staircase to access the suite which is located on the 2nd and 3rd floors of the building.

The suite features 3 offices and a restroom on the 2nd floor and 3 offices and a restroom on the third floor. The original hardwood floors, 15’ ceilings, and large radius windows provide this space with plenty of charm, an abundance of natural light, and exciting views of Downtown Lexington. The previous Tenant fit the space up with plumbing in the individual offices, making the space ideal for a medical office user, salon user, etc. This plumbing can easily be removed for a traditional office Tenant/creative retail use if desired. There are multiple parking options available nearby including street parking, parking lots, and garages, with rates averaging $2.50/Hour and $93/Month.

The property looks out onto the Fifth Third Pavilion, which is a Downtown plaza for community gathering and events. The feature event hosted there is Central Bank Thursday Night Live, running April-October and brings thousands of visitors to the area for live music and local food/beverage vendors.

Attachments & Media

Expand All Available Space

Suite: 200 2,520 SF $2,750 (Monthly) Modified Gross
Level/Floor: 2 & 3
Space Available: 2,520 SF
Lease Rate: $2,750 (Monthly)
$13.10 PSF (Annual)
Lease Type: Modified Gross
Space Description: The suite features 3 offices and a restroom on the 2nd floor and 3 offices and a restroom on the third floor. The original hardwood floors, 15’ ceilings, and large radius windows provide this space with plenty of charm, an abundance of natural light, and exciting views of Downtown Lexington. The previous Tenant fit the
space up with plumbing in the individual offices, making the space ideal for a medical office user, salon user, etc.
Date Available: 5/7/2024
Space Type: Relet
Offices 6

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10135010
Zoning: B-2 DOWNTOWN BUSINESS
Area Description: This location is excellent as it is in the heart of Downtown Lexington, close to surrounding retail, apartments, and office. Additionally, Rupp Arena, the Fayette County Courthouses, and several business establishments are just blocks away.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1930
Parking Description: There are multiple parking options available nearby including street parking, parking lots, and garages, with rates averaging $2.50/Hour and $93/Month
Zoning Description: Downtown Business

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,126 133,675 239,998
Median Age: 32.37 34.75 35.51
Households: 9,280 55,709 101,785

Contact

© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.