161 North Limestone

Office for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 30520158
Property Subtypes: Mixed Use
Contiguous Space: 144 - 2,500 SF
Total Available: 2,995 SF
Building Size (RSF): 7,343 SF
Gross Building Area: See Agent
Lease Rate: $600 - 4,000 (Monthly)
$19.20 - 50 PSF (Annual)
Lease Types: Modified Gross
In Opportunity Zone? Yes
Class of Space: Class B
Last Updated: 4/2/2021

Overview / Comments

Classic 3 story building on North Limestone in the middle of everything exciting that's happening in downtown Lexington! There is an exciting opportunity for a new owner to occupy or lease the ground floor space of this prominent downtown building that has undergone a complete renovation. The ground floor space offers approximately 2,500 SF with a basement that is approximately 800 SF. The ground floor space is available to Lease for $4,000/Month Modified Gross.

The second floor is a beautifully renovated office space that is leased on a 5-year term through September of 2025. Inquire with listing agent for rental information.

The third-floor office offers a series of 5 individual office spaces available for lease, with two leases in place on 12-month terms. There are three appx. 144-204 SF individual office suites currently available for $600-$700/Month. The rental rate includes utilities on the third floor. A kitchenette and two restrooms are available in common for the third-floor tenants. The offices overlook Church Street and North Limestone Street with lovely downtown views.

The extensive renovations include a new roof in 2020, hardwood floors throughout, new elevator, lobby, 2 kitchenettes, 2 restrooms on the second floor, 2 restrooms on the third floor, new HVAC systems, interior and exterior paint, handicap accessible ramp, and an attractive creative office look on floors 2 and 3 with exposed brick and open ceilings.

First Floor: 2,500 SF at $4,000/Month
Suite 302, Third Floor: 176 SF at $700/Month
Suite 303, Third Floor: 175 SF at $700/Month
Suite 306, Third Floor: 144 SF at $600/Month

Attachments & Media

Expand All 4 Spaces Available

Suite: 100 2,500 SF $4,000 (Monthly) Modified Gross
Suite: 302 176 SF $700 (Monthly) Modified Gross
Suite: 303 175 SF $700 (Monthly) Modified Gross
Suite: 306 144 SF $600 (Monthly) Modified Gross

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10940300
Zoning: B-2 DOWNTOWN BUSINESS
Property Visibility: Excellent
Area Description: The location is excellent as it is in the heart of downtown Lexington, close to surrounding retail, apartments, and office. Additionally, the Fayette County Courthouse is directly across the street.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 2,500 SF
Passenger Elevators: 1
Zoning Description: B-2 Downtown Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,110 132,059 238,146
Median Age: 32.49 34.74 35.42
Households: 10,149 55,113 101,043

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