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For Sale – Retail / Mixed-Use Investment

$595,000

520 Booker Street, Lexington, KY 40508

Active
Last Updated: 05/07/2025

3,600 sqft

Building Size

 
Details:
Building Size:    3,600 sqft
Highlights:
  • 3,600± SF total across two buildings
  • Zoned B-1 Neighborhood Business
  • 8 total suites (mix of residential and office)
  • On-site parking
  • 5/8 units leased with value-add potential
  • High visibility
  • Close proximity to UK campus, downtown, and Newtown Pike corridor
Description:

SVN Stone Commercial Real Estate is pleased to present this retail/mixed-use investment opportunity located at 520 and 528 Booker Street in Lexington, Kentucky. Zoned B-1 (Neighborhood Business), these two adjacent buildings offer a combined 3,600± SF of space with on-site parking and frontage along a Newtown Pike, just minutes from downtown Lexington and the University of Kentucky.

The property includes a total of eight individual suites, currently used for retail and office-type tenancy, offering flexibility for future retail, office, or service-based commercial users. With five out of eight units currently leased, the property provides stable income with value-add potential for a new owner.

520 Booker Street has one available unit and 528 Booker has two vacant suites ready for immediate occupancy. The current tenant mix and B-1 zoning support a variety of permitted uses including boutique retail, professional office, salon, or studio uses.

Whether you're an investor seeking stabilized returns with upside or an owner-user looking to occupy a portion of the space while generating income, this is a versatile asset in a growth area of Lexington.

For more information or to schedule a private tour, please contact:

For more information please contact Gabe Measner at 859.630.7106 | gabe.measner@svn.com

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.

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