Warehouse Block Creative Retail

309 N Ashland Ave, Lexington, KY 40502

Property Information

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

Description

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.

Highlights

  • 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

1 Space Available

150

Space Type

Retail

Lease Rate

$18.00/SF/YR

Total Space

1,000 SF

Divisible Space

1,000 - 1,000 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 309 N Ashland Ave, Lexington, KY 40502, this property is part of the Mentelle neighborhood and Lexington market.

Contact Listing Broker
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