Mixed-Use Development

For Lease

500-508 East Third Street, 250-254 Race Street & 255 Holbrook Court, Lexington, KY 40508

There is currently one space available at Mixed-Use Development. The building’s general use is vacantland. The space listed for lease is described as vacantland. Current availability totals 21,780 square feet. Of this, minimum divisible area is 0.5 Acre square feet. The listed lease rate is $3,000.00/MO.

Space Available For Lease 1

Contacts

broker

Al Isaac

NAI Isaac

(859) 422-4400

Property Details

  • Property Type VacantLand
  • Lot Size 0.5 Acre
  • Date Updated Feb 1, 2024
Located at the intersection of East Third and Race Streets in Lexington. The property is in Lexington’s Central Business District on East Third Street near Midland Avenue. Located at the eastern gateway to downtown makes this a strategic location for your business.NAI Isaac is pleased to present a retail, office or mixed-use development opportunity on +/-0.5 AC corner lot near downtown Lexington.

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Highlights

  • Retail, Office or Mixed-Use Opportunity!
  • +/-0.5 AC for ground lease
  • Located at the corner of East Third and Race Streets
  • Property includes 500-508 East Third Street, 250-254 Race Street and 255 Holbrook Court
  • Situated in Lexington’s Central Business District in the eastern gateway to downtown, making this a strategic location for your business
  • Recent area redevelopment projects included Community Ventures Corporation’s $30M mixed-use project The Met Lex, the Main & Vine mixed-use 50,000 SF project and others
  • The Met Lex, located at the corner of Midland & East Third, is a 75,000 SF mixed-use development that includes apartments, DV8 Kitchen Restaurant, retail, fitness and healthcare services
  • Zoned B-1, Neighborhood Business and R-3, Planned Neighborhood Residential
  • Rental Rate: $3,000 per month ground lease NNN

Attachments

Getting around

  • 77/100

    Walk Score ®

  • 53/100

    Transit Score ®

  • 69/100

    Bike Score ®

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Location

  • City Lexington, KY
  • Neighborhood Greater East End
  • Zip Code 40508
  • Market Lexington

Points of Interest

  • Marathon

    0.38 miles

  • Speedway

    0.83 miles

  • Speedway

    0.86 miles

  • Speedway

    0.95 miles

  • Speedway

    1.48 miles

  • Speedway

    1.51 miles

  • Shell

    1.54 miles

  • Marathon

    1.57 miles

  • Speedway

    1.60 miles

  • Shell

    1.62 miles

  • Common Grounds

    0.50 miles

  • Courthouse Plaza

    0.54 miles

  • LFUCG Garage

    0.54 miles

  • Helix Parking Garage

    0.58 miles

  • Phoenix Lot

    0.59 miles

  • Library Parking

    0.62 miles

  • Calvary Baptist Churc

    0.72 miles

  • Victorian Square parking garage

    0.80 miles

  • AOII parking lot

    0.80 miles

  • Hardin Properties Parking Lot

    0.94 miles

  • The Sire Hotel

    0.61 miles

  • 21c

    0.68 miles

  • Residence Inn Lexington City Center

    0.69 miles

  • Lexington Marriott City Center

    0.71 miles

  • Hilton Lexington/Downtown

    0.84 miles

  • Holiday Inn Express & Suites

    1.62 miles

  • SpringHill Suites

    1.65 miles

  • Ronald McDonald House

    1.68 miles

  • The Campbell House

    2.22 miles

  • Horseshoe Motel

    2.25 miles

  • Target

    0.96 miles

  • Kroger

    0.99 miles

  • Wine + Market

    1.04 miles

  • Wildcat Pantry

    1.25 miles

  • Kroger

    1.65 miles

  • Lucky

    1.72 miles

  • Walmart Supercenter

    1.82 miles

  • ALDI

    2.06 miles

  • FoodLand

    2.32 miles

  • Kroger

    2.69 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

Al Isaac

NAI Isaac

(859) 422-4400

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  2. 2Extra information