Map of Property

Retail/Office Flex Conversion Minutes from Downtown

764 East 7th Street, Lexington, KY 40505

  • 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 Jul 2, 2025
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.
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Highlights

  • 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.

Contacts

broker
Sam Griffin, CBI

eXp Commercial

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable

  • Transit Score ®

    31/100 Some Transit

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Lexington, KY
  • Neighborhood William Wells Brown
  • Zip Code 40505
  • Market Lexington

Points of Interest

  • Speedway

    0.26 miles

  • 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

  • Common Grounds

    1.24 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

  • The Sire Hotel

    1.31 miles

  • 21c

    1.42 miles

  • Residence Inn Lexington City Center

    1.43 miles

  • Lexington Marriott City Center

    1.45 miles

  • Catalina Motel

    1.57 miles

  • Hilton Lexington/Downtown

    1.57 miles

  • Hyatt Regency Lexington

    1.66 miles

  • Bourbon Hous

    1.77 miles

  • Ronald McDonald House

    2.22 miles

  • Days Inn

    2.24 miles

  • Jasmine Rice

    0.21 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

  • William Wells Brown Elementary School

    0.43 miles

  • Ashland Elementary School

    0.70 miles

  • STEAM Academy

    0.93 miles

  • Fayette County Public Schools

    0.94 miles

  • Arlington Elementary School

    1.01 miles

  • Yates Elementary School

    1.04 miles

  • Lexington Traditional Magnet School

    1.10 miles

  • Sayre School

    1.18 miles

  • Old Morrison Circle

    1.28 miles

  • Transylvania University

    1.31 miles

  • ABC 123 Learning Center

    0.71 miles

  • The Nest Center for Women, Children and Families

    0.99 miles

  • Wee Care

    1.33 miles

  • Center For Children

    1.95 miles

  • Crestwood Childcare Center

    2.98 miles

  • Fayette Cooperating Preschool & Kindergarten

    3.06 miles

  • Pepperhill Day School & Camp

    3.52 miles

  • La Petite Academy

    3.90 miles

  • KinderCare

    5.08 miles

Frequently Asked Questions

How much does Retail/Office Flex Conversion Minutes from Downtown cost?

The space currently listed for sale at Retail/Office Flex Conversion Minutes from Downtown asks for $2,600,000.

What is the total square footage of Retail/Office Flex Conversion Minutes from Downtown?

Retail/Office Flex Conversion Minutes from Downtown totals 32,608 square feet.

When was this property built?

Retail/Office Flex Conversion Minutes from Downtown was built in 1948.

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Contact Listing Broker
broker
Sam Griffin, CBI

eXp Commercial

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