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Published on: Monday, January 12, 2026
Updated on: Monday, January 12, 2026
About the Lister
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Name: Sam Griffin, CCIM, CBI, NACREP
Company: Gilezan Global Brokered by eXp Commercial
Office Phone: 502-640-3622
Cell Phone: 502-640-3622
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Financing  Business  Material

  Retail/Office Flex Conversion Minutes from Downtown

764 East 7th Street Lexington Kentucky , 40505
764 East 7th Street Lexington Kentucky , 40505  Gilezan Global Brokered by eXp Commercial
Listing ID: CL-Kentucky-27249 Automotive /Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Kentucky-27249
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1948
Building Size: 32,608.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
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.
Complete Details
Year Build: 1948
Building Size: 32,608 SqFt.
No of Stories: 1
Total Lot Area: N/A Acre
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

 

Turnkey 32,608 SF Showroom & Creative Office – Modernized Historic Asset

Located minutes from Downtown Lexington and the UK campus, this beautifully updated 1948 building offers 32,608 SF of contiguous, open-plan space. Having undergone significant upgrades as recently as 2025, the property is move-in ready for an owner-occupant or visionary developer.

Design Highlights:

  • Upper Level: Refinished original hardwoods and abundant natural light—ideal for creative studios or a modern office.

  • Lower Level: Sleek polished concrete and open layouts for retail or gallery use.

  • Infrastructure: New mechanicals (2020/2025) and 9'–12' clear heights.

Strategic Advantages: Enjoy quick access to New Circle Rd (KY-4) and I-75/I-64. With an adjacent lot available for lease to expand parking, this site is perfectly positioned for high-density office use or experiential retail.

 

Additional Properties
Property Highlights
  • Investment Highlights
  • Open‑Plan Showroom Canvas – Two floors of contiguous display space minimize demolition and accelerate tenant improvements for retail, creative office, gallery, or experiential concepts.
  • 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.
  • Instant Equity vs. Submarket Pricing – Enter at $81.25/SF vs. Retail $183/SF, Office $112/SF, Industrial $78/SF.
  • Strategic Access – <1 mi to New Circle Rd (KY‑4) and 4 mi to I‑75/I‑64; 10 min to Downtown & UK campus.
  • Expandable Parking – Adjacent lot available for lease to support higher parking ratios.
Listing Location
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