For Sale – Retail / Mixed-Use Investment

For Sale

520 Booker Street, Lexington, KY 40508

This Lexington property for sale is located at 520 Booker Street. The current listed sale price for For Sale – Retail / Mixed-Use Investment is $595,000.

Contacts

broker
Gabe Measner

SVN | Stone Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 3,600 SF
  • Date Updated May 7, 2025
Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.SVN Stone Commercial Real Estate is pleased to present this retail/mixed-use investment opportunity located at 520 and 528 Booker Street in Lexington, Kentucky. Zoned B-1 (Neighborhood Business), these two adjacent buildings offer a combined 3,600± SF of space with on-site parking and frontage along a Newtown Pike, just minutes from downtown Lexington and the University of Kentucky. The property includes a total of eight individual suites, currently used for retail and office-type tenancy, offering flexibility for future retail, office, or service-based commercial users. With five out of eight units currently leased, the property provides stable income with value-add potential for a new owner. 520 Booker Street has one available unit and 528 Booker has two vacant suites ready for immediate occupancy. The current tenant mix and B-1 zoning support a variety of permitted uses including boutique retail, professional office, salon, or studio uses. Whether you're an investor seeking stabilized returns with upside or an owner-user looking to occupy a portion of the space while generating income, this is a versatile asset in a growth area of Lexington. For more information or to schedule a private tour, please contact: For more information please contact Gabe Measner at 859.630.7106 | gabe.measner@svn.com
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Highlights

  • 3,600± SF total across two buildings
  • Zoned B-1 Neighborhood Business
  • 8 total suites (mix of residential and office)
  • On-site parking
  • 5/8 units leased with value-add potential
  • High visibility
  • Close proximity to UK campus, downtown, and Newtown Pike corridor

Getting around

  • 62/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 83/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood Georgetown
  • Zip Code 40508
  • Market Lexington

Points of Interest

  • Speedway

    0.86 miles

  • Marathon

    1.04 miles

  • Shell

    1.12 miles

  • Thorntons

    1.39 miles

  • Tesla Supercharger

    5.34 miles

  • ChargePoint

    5.92 miles

  • Central Bank Center Parking Garage

    0.79 miles

  • Rupp Arena

    0.90 miles

  • Victorian Square parking garage

    0.91 miles

  • Rupp Arena Parking Lot

    0.92 miles

  • Courthouse Plaza

    1.13 miles

  • Library Parking

    1.18 miles

  • Calvary Baptist Churc

    1.21 miles

  • Helix Parking Garage

    1.21 miles

  • Phoenix Lot

    1.24 miles

  • LFUCG Garage

    1.25 miles

  • County Club

    0.50 miles

  • Smithtown Seafood

    0.53 miles

  • The Apiary

    0.56 miles

  • Enoteca

    0.58 miles

  • Blue Heron

    0.58 miles

  • Nick Ryan's Saloon

    0.61 miles

  • Grey Goose

    0.62 miles

  • Distilled

    0.62 miles

  • Stella's Kentucky Deli

    0.63 miles

  • Café Transylvania

    0.70 miles

  • Wine + Market

    0.59 miles

  • Ross

    1.21 miles

  • Walmart Supercenter

    1.28 miles

  • ALDI

    1.29 miles

  • Kroger

    1.41 miles

  • Aguacalientes Grocery

    1.48 miles

  • FoodLand

    1.70 miles

  • Lucky

    1.92 miles

  • Wildcat Pantry

    2.13 miles

  • Big Lots

    3.13 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Gabe Measner

SVN | Stone Commercial Real Estate

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