Mixed-Use Development Listing Details & Market Data

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

  • For Lease $3,000.00/MO
  • 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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Attachments

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

Spaces Available

Contacts

broker

Al Isaac

NAI Isaac

(859) 422-4400

Location

Getting Around

  • Walk Score ®

    Very Walkable (77)

  • Transit Score ®

    Good Transit (53)

  • Bike Score ®

    Bikeable (69)
Powered by Walk Score ®
  • 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

  • Jimmy John's

    0.37 miles

  • National Boulangerie

    0.38 miles

  • Local's

    0.39 miles

  • Carson's Food & Drink

    0.40 miles

  • China Star

    0.40 miles

  • Portofino

    0.44 miles

  • Weekly Juicery

    0.45 miles

  • Wines on Vine

    0.46 miles

  • Dad's Favorites

    0.49 miles

  • Doodles

    0.51 miles

  • William Wells Brown Elementary School

    0.38 miles

  • Sayre School

    0.46 miles

  • Ashland Elementary School

    0.49 miles

  • Lexington Traditional Magnet School

    0.50 miles

  • Fayette County Public Schools

    0.53 miles

  • STEAM Academy

    0.65 miles

  • Maxwell Spanish Immersion Elementary School

    0.71 miles

  • James F. Hardymon building

    0.73 miles

  • Gaines Center for the Humanities

    0.75 miles

  • Transylvania University

    0.76 miles

  • ABC 123 Learning Center

    0.49 miles

  • The Nest Center for Women, Children and Families

    0.57 miles

  • Wee Care

    0.66 miles

  • Center For Children

    1.86 miles

  • Fayette Cooperating Preschool & Kindergarten

    2.46 miles

  • Pepperhill Day School & Camp

    2.89 miles

Contact Listing Broker

broker

Al Isaac

NAI Isaac

(859) 422-4400

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  2. 2Extra information