Map of Property

Retail/Office Flex Conversion Minutes from Downtown

For Sale

764 East 7th Street, Lexington, KY 40505

This Lexington property for sale is located at 764 East 7th Street. The general use of Retail/Office Flex Conversion Minutes from Downtown is office and it incorporates 32,608 square feet of class B office space. The current listed sale price for Retail/Office Flex Conversion Minutes from Downtown is $2,600,000. Retail/Office Flex Conversion Minutes from Downtown is situated on a lot that is 0.43 acre in size.

Contacts

broker
Sam Griffin, CBI

eXp Commercial

Property Details

  • Property Type Office - Creative Office
  • Property Size 32,608 SF
  • Lot Size 0.43 Acre
  • Building Class B
  • Year Built 1948
  • Year Renovated 2020
  • Date Updated Jul 2, 2025
Conveniently located in the heart of Lexington, KY, the area offers a diverse mix of dining, retail, and entertainment options. Easy access to major transportation routes and proximity to the historic East End and downtown district make it an ideal location for office and office building investors.Own a unique Lexington asset priced at industrial dollars with retail & office upside. The entire 32,000 SF interior is presently configured as an open‑plan furniture showroom. With few internal demising walls, 9′‑12′ clear heights, and abundant display lighting, this property offers a blank canvas. Keep the ground floor as high‑impact retail, convert the second level into creative office suites, or maintain a single‑user showroom. Recent capital upgrades (2020 & 2025) include mechanicals, structural, interior and exterior enhancements, and beautifully refinished hardwoods on the second floor and polished concrete on the lower level, ensuring a move‑in‑ready platform for an owner‑occupant to custom‑tailor the space further. At $79.74 / SF you secure space within the East Fayette industrial pricing benchmark of $78/SF while unlocking margins against retail ($183/SF) and office ($112/SF) comparables.
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Highlights

  • Expandable Parking – Adjacent lot available for lease to support higher parking ratios.
  • Instant Equity vs. Submarket Pricing – Enter at $81.25/SF vs. Retail $183/SF, Office $112/SF, Industrial $78/SF.
  • Investment Highlights
  • Multi-Tenant Upside – Independent entrances and clear floor plates allow vertical split (ground-floor retail, second-floor office/studio) or horizontal bays for multiple users.
  • Open-Plan Showroom Canvas – Two floors of contiguous display space minimize demolition and accelerate tenant improvements for retail, creative office, gallery, or experiential concepts.
  • Strategic Access – <1?mi to New?Circle?Rd (KY-4) and 4?mi to I-75/I-64; 10?min to Downtown & UK campus.

Getting around

  • 54/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 60/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood William Wells Brown
  • Zip Code 40505
  • Market Lexington

Points of Interest

  • Speedway

    0.26 miles

  • Thorntons

    0.48 miles

  • Marathon

    1.05 miles

  • Kroger

    1.08 miles

  • Sam's Club Fuel Center

    1.12 miles

  • Tesla Supercharger

    3.34 miles

  • ChargePoint

    3.93 miles

  • Common Grounds

    1.24 miles

  • Courthouse Plaza

    1.28 miles

  • LFUCG Garage

    1.30 miles

  • Helix Parking Garage

    1.34 miles

  • Phoenix Lot

    1.36 miles

  • Library Parking

    1.38 miles

  • Calvary Baptist Churc

    1.48 miles

  • Victorian Square parking garage

    1.51 miles

  • AOII parking lot

    1.53 miles

  • Hardin Properties Parking Lot

    1.63 miles

  • The Sire Hotel

    1.31 miles

  • 21c

    1.42 miles

  • Residence Inn Lexington City Center

    1.43 miles

  • Lexington Marriott City Center

    1.45 miles

  • Catalina Motel

    1.57 miles

  • Hilton Lexington/Downtown

    1.57 miles

  • Hyatt Regency Lexington

    1.66 miles

  • Bourbon Hous

    1.77 miles

  • Ronald McDonald House

    2.22 miles

  • Days Inn

    2.24 miles

  • Kroger

    1.07 miles

  • Wine + Market

    1.67 miles

  • Walmart Supercenter

    1.80 miles

  • Ross

    1.86 miles

  • Wildcat Pantry

    1.90 miles

  • Aguacalientes Grocery

    1.93 miles

  • ALDI

    2.09 miles

  • Lucky

    2.48 miles

  • Stop & Shop

    2.96 miles

  • Burlington

    2.97 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
Sam Griffin, CBI

eXp Commercial

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