319 Cedar StLexington, KY 40508

For Lease
$14.88-$24 /SF/YR

Prime retail/restaurant space, downtown Lexington.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A, 8,700 square foot, four-story brick building offers a reimagined retail and restaurant leasing opportunity in the heart of downtown Lexington, Kentucky. Located steps from Rupp Arena and the University of Kentucky campus, this highly visible corner location on South Broadway and Cedar Street boasts approximately 26,000 vehicles passing daily and significant foot traffic. The available space totals approximately 4,200 square feet of first-floor retail/restaurant space, divisible into units as small as 2,100 square feet, with a maximum contiguous space of 4,200 square feet. A fully equipped kitchen is located in the basement, and patio space may be available. The building, constructed in 2012, includes an elevator, sprinkler system, and dumbwaiter. A modified gross lease structure is offered, with tenants responsible for a percentage of utilities, maintenance, and common area expenses. Ample parking is available after 6 pm for restaurant or bar use, due to weekday professional office space hours ending at 4:30 pm. Rent abatement may be available for qualified tenants. The building is zoned B-2A and is situated in Fayette County. This property presents a unique opportunity for businesses seeking a high-profile location with excellent visibility and modern amenities.

Highlights

  • 8,700 SF retail/restaurant building in Downtown Lexington, KY, with 4,200 SF vacant.
  • Three spaces available, ranging from 2,100 SF to 4,200 SF contiguous.
  • Located on a signalized corner with approximately 26,000 vehicles per day.
  • Features a fully equipped kitchen with multiple walk-in coolers.
  • Building amenities include an elevator, sprinkler system, and dumbwaiter.

Property Details for 319 Cedar St

Property type
Restaurants, Other retail properties
RSF (Rentable sq. ft)
8,700 SF
Year Built
2012
Buildings
1
Stories
4

Unit(s) available at that property

Space
First Floor
Size
2,100 SF
Rate per SF
$24
Space
Basement Kitchen
Size
2,100 SF
Rate per SF
$14.88
Space
Basement + 1st Floor
Size
4,200 SF
Rate per SF
$17.16

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.044553
Longitude
-84.5058181
319 Cedar St, Lexington, Kentucky

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319 Cedar St
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