Industrial Redevelopment Opportunity

For Sale

331 Henry Street, Lexington, KY 40508

This Lexington property for sale is located at 331 Henry Street. The current listed sale price for Industrial Redevelopment Opportunity is $995,000. Industrial Redevelopment Opportunity is situated on a lot that is 0.93 acre in size.

Contacts

Bruce R. Isaac

NAI Isaac

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 10,496 SF
  • Lot Size 0.93 Acre
  • Date Updated May 24, 2026
  • HVAC None
The property is located on Henry Street in Lexington, Kentucky, situated within the industrial and mixed-use corridor just north-northwest of Downtown Lexington’s core. The site is part of a string of industrial and warehouse-type properties along Henry Street that benefit from direct access to the city’s primary transportation network and proximate urban amenities. Henry Street is a key connector within Lexington’s urban grid, located just a short distance from Main Street, Short Street, and Broadway, and is easily accessible from major thoroughfares including New Circle Road and I-75 to the north and east, facilitating efficient regional logistics and workforce access.NAI Isaac is pleased to present a rare industrial redevelopment opportunity in downtown Lexington. The property is located on Henry Street in Lexington, Kentucky, situated within the industrial and mixed-use corridor just north-northwest of Downtown Lexington’s core.
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Highlights

  • +/-10,496 SF office/warehouse space with +/-1,148 SF basement
  • Currently functioning grain operation with +/-.93 AC of land in downtown Lexington
  • Digital tractor-trailer scale that is legal for trade
  • Located in the Opportunity Zone and adaptive reuse overlay option
  • Redevelopment opportunity for commercial and general purpose business uses within a revitalizing mixed-use neighborhood in close proximity to the CBD and multiple primary area corridors
  • Sale Price: $995,000
  • Site improvements include +/-2,000 SF steel building with private offices, restrooms and drive-thru garage space in addition to a multi-story grain elevator with 200,000-300,000 bushel capacity, a 100,000 bushel capacity cylinderical grain silo and processing equipment
  • Surrounded by multi-family and mixed-use developments with convenient proximity to New Circle Road and I-75
  • Zoned I-1, Light Industrial

Attachments

Getting around

  • 73/100

    Walk Score ®

  • 40/100

    Transit Score ®

  • 94/100

    Bike Score ®

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Location

  • City Lexington, KY
  • Neighborhood North Upper
  • Zip Code 40508
  • Market Lexington

Points of Interest

  • Speedway

    0.73 miles

  • Marathon

    0.85 miles

  • Thorntons

    1.32 miles

  • Shell

    1.36 miles

  • Tesla Supercharger

    5.12 miles

  • ChargePoint

    5.71 miles

  • Clean Sweep Car Wash

    1.03 miles

  • Zips Car Wash

    1.48 miles

  • Enterprise

    1.61 miles

  • Mr Sparkle

    3.27 miles

  • Jeff's Car Wash

    3.59 miles

  • Alamo

    5.50 miles

  • Avis

    5.51 miles

  • Hertz

    5.51 miles

  • The Apiary

    0.27 miles

  • Enoteca

    0.30 miles

  • Blue Heron

    0.31 miles

  • Grey Goose

    0.34 miles

  • Nick Ryan's Saloon

    0.35 miles

  • Distilled

    0.35 miles

  • Stella's Kentucky Deli

    0.37 miles

  • County Club

    0.39 miles

  • Café Transylvania

    0.43 miles

  • Smithtown Seafood

    0.43 miles

Contact Listing Broker
Bruce R. Isaac

NAI Isaac

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