The Meyers Building

Off Market

175 East Main Street, Lexington, KY 40507

  • Office
  • General Office
  • 45,000 Sqft

The Meyers Building, Lexington, KY 40507 - Office Space

The Meyers Building is located at 175 East Main Street in the Downtown Lexington neighborhood, KY, Lexington, 40507. The Class B Office building was completed in 1985 and features a total of 45,000 Sqft.

There are 76 office spaces for lease in the Downtown Lexington neighborhood, totaling 399,323 Sqft of available office space. The office space availability for the 40507 zip code is 410,962 Sqft, in 85 office spaces. The average asking office rent per sq. ft. in Downtown Lexington is $19.86/sqft/year. For Class A office buildings the average office rate is $21.4/sqft/year, for Class B office buildings the average office rate is $17.73/sqft/year, for Class C office buildings the average office rate is $35.11/sqft/year.

In Downtown Lexington, there are 24 class B office buildings. In 1985, the same year The Meyers Building was built, 3 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Lexington, featuring 127,780 square feet of commercial space. At zip code level, there are 18 commercial properties, of which 18 are office buildings over 50,000 square feet.

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Details

  • City Lexington
  • Neighborhood Downtown Lexington
  • Zip Code 40507
  • Market Lexington
  • Property Type Office - General Office
  • Property Size 45,000 Sqft
  • Lot Size 0.17 Acre
  • Parking Spaces Avail. 41
  • Parking Ratio 0.92/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of The Meyers Building?

The Meyers Building totals 45,000 square feet.

When was this property built?

The Meyers Building was built in 1985.

Downtown Lexington Demographics

The average household income in zip code 40507 is $68,448, from a total of 1,321 households. In terms of employment, there are 93.96 % white-collar and 6.04 % blue-collar jobs in zip code 40507.

Population

  • Total Population1,772
  • Male Population(54.7 %) 970
  • Female Population(45.3 %) 802
  • Median Age43.70

Income/Financial

  • Average Household Income$68,448
  • Median Household Income$30,288
  • Median Income Under 25$38,472
  • Median Income 25-44$52,083
  • Median Income 45-64$17,269
  • Median Income Over 65$21,125