Warehouse Block Creative Retail

For Lease 1,000 SF

309 N Ashland Ave, Lexington, KY 40502

Lexington, Kentucky has been rated as one of America's premier cities 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. Most people think of rolling countryside with stone fences, great basketball action, horse farms, thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. 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.SVN | Stone Commercial Real Estate is pleased to present an infill 1,000 SF retail opportunity located in the heart of Lexington’s Warehouse Block at 309 N Ashland Avenue. This property is positioned within one of Lexington’s most dynamic mixed-use corridors where North Ashland Avenue meets the Winchester Road corridor at National Avenue. The surrounding blocks are converted industrial and warehouse stock that are now occupied by popular local maker, service, design, and food-and-beverage destinations. Nearby anchors include the University of Kentucky, Rupp Arena, and major employers luke J.M. Smucker Co., bringing steady daytime and evening traffic to the area. With proximity to National Avenue and Winchester Road (23,800 VPD), the site offers easy access, ample parking, and strong visibility in one of the city’s most vibrant retail nodes. Please contact Weston Lockhart / 859.317.3538 // or Caleb Cleveland / 859. 556.5857 // for more information or to schedule a tour.

Key features

  • A prime Warehouse Block retail location surrounded by breweries, boutiques, restaurants, and more
  • About a mile from the University of Kentucky campus attracting 30,000 undergraduate students and faculty
  • Surrounded by well-established and sought-after neighborhoods like Kenwick, Chevy Chase, and Ashland providing high amounts of foot traffic
  • Tall ceilings with exposed beams, polished concrete floors, and designer lighting

Rental Details

  • Number of spaces 1
  • Total square feet available 1,000 SF
  • For Lease $18.00/SF/YR
  • Space Type Retail
  • Lease Type Modified Gross
  • Latest Update Sep 4, 2026
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1 Space Available

150

Space Type
Retail
Lease Rate
$18.00/SF/YR
Total Space
1,000 SF
Lease Type
Modified Gross

Contacts

Weston Lockhart

SVN | Stone Commercial Real Estate

Building Details

  • For Lease $18.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 14,850 SF
  • Units 29
  • Lot Size 0.43 Acre
  • Additional Rent Price on request
  • Year Built 1957
  • Date Updated Sep 4, 2026

Location

  • City Lexington, KY
  • Neighborhood Mentelle
  • Zip Code 40502
  • Market Lexington
  • Walk score 79/100 Very Walkable
  • Transit score 35/100 Some Transit
  • Bike score 70/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Speedway

0.46 miles

Thorntons

0.84 miles

Marathon

0.88 miles

Sam's Club Fuel Center

1.38 miles

Kroger

1.62 miles

Tesla Supercharger

3.48 miles

ChargePoint

4.11 miles

Common Grounds

0.81 miles

LFUCG Garage

0.98 miles

Courthouse Plaza

1.01 miles

Phoenix Lot

1.03 miles

Helix Parking Garage

1.03 miles

AOII parking lot

1.07 miles

Library Parking

1.08 miles

Hardin Properties Parking Lot

1.13 miles

Calvary Baptist Churc

1.15 miles

SAE Parking Lot

1.19 miles

Kroger

0.96 miles

Wildcat Pantry

1.37 miles

Wine + Market

1.53 miles

Lucky

2.03 miles

Walmart Supercenter

2.13 miles

Ross

2.18 miles

Aguacalientes Grocery

2.30 miles

ALDI

2.40 miles

FoodLand

2.76 miles

Burlington

2.83 miles

Listing Summary

  • The Price for Retail Space at 309 N Ashland Ave

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 309 N Ashland Ave, asking rent starts at $$18.00/SF/YR per square foot.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 309 N Ashland Ave

    The property exclusively contains Retail space totaling 1,000 square feet. The leasing opportunity here is available under Modified Gross lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 309 N Ashland Ave, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Weston Lockhart
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