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  1. Commercial Properties
  2. KY
  3. Lexington
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For Sale

Retail/Office Flex Conversion Minutes from Downtown

764 East 7th Street, Lexington, KY 40505

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.

Key features

  • 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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Dylan Gilezan

eXp Commercial

Building Details

  • For Sale $2,600,000
  • 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 May 18, 2026

Getting Around

  • Walk Score ®

    Somewhat Walkable (54)
  • Transit Score ®

    Some Transit (31)
  • Bike Score ®

    Bikeable (60)
Powered by Walk Score ®

Location

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

Points of Interest

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

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

Zips Car Wash

1.86 miles

Clean Sweep Car Wash

1.89 miles

Mr Sparkle

3.37 miles

Jeff's Car Wash

3.61 miles

Alamo

6.88 miles

Avis

6.88 miles

Hertz

6.88 miles

KFC

0.32 miles

McDonald's

0.39 miles

Blue Door Smokehouse

0.48 miles

JY Kitchen

0.48 miles

Sav's Chill

0.49 miles

Mirror Twin Brewing

0.49 miles

Local's

0.52 miles

Epping's on Eastside

0.54 miles

Hardee's

0.54 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

Lexington Fire Department Station 2

0.81 miles

Lexington Hearing & Speech Center

0.93 miles

Fire Station #1

1.02 miles

Fayette Sheriff's Office

1.30 miles

Fire Station #5

1.33 miles

Lexington Police Department

1.36 miles

Altruism Counseling Services

1.45 miles

Timeless Spa Center

1.50 miles

Kroger Pharmacy

1.54 miles

764 East 7th Street Listing Summary

  • What is the asking price at Retail/Office Flex Conversion Minutes from Downtown?

    Retail/Office Flex Conversion Minutes from Downtown is currently listed for sale at Contact for pricing.

  • What is the total size of Retail/Office Flex Conversion Minutes from Downtown?

    Retail/Office Flex Conversion Minutes from Downtown has a total of 32,608 square feet.

  • What is the year built for Retail/Office Flex Conversion Minutes from Downtown?

    The year built for Retail/Office Flex Conversion Minutes from Downtown is 1948.

Contact Listing Broker
broker
Dylan Gilezan

eXp Commercial

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