Reimagined Retail in Downtown Lexington

For Lease

319 Cedar Street, Lexington, KY 40508

You can currently find 3 retail space(s) available for lease at Reimagined Retail in Downtown Lexington. Designated use type for space listed here includes restaurant and retail. Current retail listings at this property total 8,400 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at Reimagined Retail in Downtown Lexington.

Space Available For Lease 3

Contacts

broker
Harrison Lane

SVN | Stone Commercial Real Estate

Property Details

  • Property Type Retail - Restaurant
  • Property Size 8,700 SF
  • Lot Size 0.23 Acre
  • Year Built 2012
  • Date Updated Dec 31, 2024
Downtown Lexington is the heart of the city which in turn is the center of Kentucky’s famous Bluegrass region. The Bluegrass has been rated as one of America's premier regions 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. 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.Not for saleSVN Stone Commercial is pleased to present a SLAM DUNK retail leasing opportunity in the heart of Downtown Lexington, KY. 319 Cedar Street is located just steps away from Rupp Arena and the University of Kentucky campus. The property has been reimagined and restructured to maximize the potential for the property and its tenants. This exceptional Class A brick building boasts top of the line finishes and brilliant curb appeal. The new ownership has transformed this building into a mixed-use property. The top floor has been crafted into a luxuriously designed short term rental, while the middle floor has been fit up for high end professional office space. The remaining ~4,200 SF is comprised of first floor retail/restaurant space and a kitchen in the basement of the building. Patio space is also potentially available for a suitable use. The first floor can be leased separately from the kitchen. See agent for details. This signalized corner of South Broadway and Cedar Street benefits from ~26,000 vehicles passing by each day, and a steady flow of foot traffic. Additional parking is available at a neighboring property after 6pm to meet the needs of a restaurant or bar use. Professional office space hours are weekdays ending at 4:30pm freeing up additional on-site parking. The lease structure is modified gross with the tenant paying a percentage of utilities, maintenance, and common area expenses. Minimum lease term of 3 years. Receive 1 month free with a 3-year lease or 3 months free with a 5-year lease. For more information please contact Harrison Lane at [email protected] // 859.436.2835.
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Highlights

  • Reimagined high end retail or office FOR LEASE
  • $2,600 - $6,000/month Modified Gross
  • ~4,200 SF of space available (can be divided)
  • Kitchen infrastructure in place, including multiple walk-in coolers
  • Existing elevator, sprinkler system, and dumbwaiter
  • Professional office space hours are weekdays ending at 4:30pm freeing up additional on-site parking
  • ~26,000 VPD on South Broadway
  • Rent abatement available for qualified tenants

Attachments

Getting around

  • 94/100

    Walk Score ®

  • 78/100

    Transit Score ®

  • 84/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood Historic South Hill
  • Zip Code 40508
  • Market Lexington

Points of Interest

  • Speedway

    0.43 miles

  • Shell

    0.62 miles

  • Marathon

    0.87 miles

  • Thorntons

    0.93 miles

  • Gulf

    1.21 miles

  • Tesla Supercharger

    4.98 miles

  • ChargePoint

    5.61 miles

  • Center Court Parking Garage

    0.12 miles

  • Metered Parking

    0.13 miles

  • Parking Structure #5

    0.23 miles

  • Meter and Permit Parking

    0.25 miles

  • Rupp Arena Parking Lot

    0.32 miles

  • Rupp Arena

    0.33 miles

  • Newtown Crossing Additional Parking

    0.35 miles

  • C Lot

    0.36 miles

  • Calvary Baptist Churc

    0.37 miles

  • Mad Mushroom

    0.08 miles

  • Doughby's

    0.10 miles

  • Ellos

    0.11 miles

  • Tolly Ho

    0.12 miles

  • Mellow Mushroom Pizza

    0.14 miles

  • Bandido Taqueria Mexicana

    0.15 miles

  • Jamba

    0.16 miles

  • Raising Cane's

    0.17 miles

  • Insomnia Cookies

    0.19 miles

  • Joe Bologna's

    0.21 miles

  • Wine + Market

    0.69 miles

  • Lucky

    0.77 miles

  • Wildcat Pantry

    0.94 miles

  • Kroger

    1.17 miles

  • FoodLand

    1.24 miles

  • Good Foods Co-op

    2.05 miles

  • Big Lots

    2.17 miles

  • Ross

    2.22 miles

  • Walmart Supercenter

    2.25 miles

  • Save-A-Lot

    2.32 miles

319 Cedar Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Reimagined Retail in Downtown Lexington asks $4,300.00/MO per square foot.

  • The property includes 8,400 square feet of retail space for lease. Of this total, 4,200 square feet are Retail, 4,200 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Historic South Hill is 24. The average household income here is $27,711 per year.

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
Harrison Lane

SVN | Stone Commercial Real Estate

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