Reimagined Retail in Downtown Lexington

319 Cedar Street, Lexington, KY 40508

  • For Lease $2,600.00 - $6,000.00/MO
  • Property Type Retail - Restaurant
  • Property Size 8,700 SF
  • Lot Size 0.23 Acre
  • Additional Rent Contact for pricing
  • Year Built 2012
  • Date Updated Dec 16, 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

Spaces Available

Contacts

broker

SVN | Stone Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise
  • Transit Score ®

    78/100 Excellent Transit
  • Bike Score ®

    84/100 Very Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does retail space at 319 Cedar Street cost?

The asking price for retail space at 319 Cedar Street is $4,300.00/MO. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 319 Cedar Street?

The property has 8,400 square feet of rentable Retail space. Rental opportunities here are available under Modified Gross lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 319 Cedar Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 319 Cedar Street. You can find 9 parking option(s) and 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 319 Cedar Street.

Is 319 Cedar Street located in a popular area for retail businesses?

The property is part of Historic South Hill.

Other popular areas for retail businesses in Lexington include Wellington, Beaumont, Liberty.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

SVN | Stone Commercial Real Estate

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