Listing provided courtesy of Block + Lot Real Estate- MLS# 26008596MLS Provider

146 E Third StreetLexington, KY 40508

Commercial · 6,848 Sq. ft. | 0.21 Acres
$1,750,000 Active

146 E Third Street Overview

Time on Site:
69 days
Visits:
0

We are pleased to present an exceptional opportunity to purchase or lease a premier creative office building in the heart of Downtown Lexington. Located at 146 E. Third Street, this property showcases a remarkable historic renovation that blends timeless architectural character with modern design and functionality. Originally constructed in 1840, the two-story building offers appx. 6,848 SF above grade plus an additional 410 SF of finished lower-level space, ideal for storage or supplemental workspace. Upon entry, the first floor greets visitors with original hardwood floors, exposed brick, and contemporary finishes. Highlights include a distinguished boardroom with folding privacy doors, granite counters, and a fireplace that flows seamlessly into a spacious library featuring custom maple cabinetry and quartz countertops. A tiled kitchenette with dishwasher, two restrooms (including a full bath with shower), and direct access to a flexible garage space with a drive-in door further enhance the main level. An elevator and steel-wrapped open stairwell with expansive windows provide convenience and natural light throughout. The second floor is equally impressive, offering vaulted ceilings with exposed joists, generous open work areas with hardwood floors, and abundant daylight. A private sundeck with custom railing offers striking views of the Lexington skyline. Meticulously renovated in 2015, the property features a new roof, HVAC systems, windows, elevator, and porous concrete parking surface. On-site parking includes six dedicated spaces, with ample additional surface parking available nearby. This one-of-a-kind office environment combines historic charm, modern amenities, and a prime location--an unparalleled opportunity for businesses seeking a distinctive Downtown Lexington address. Layout: The first floor offers warm reception space leading into open conference room with large attached library/seating area, large bathroom with shower and expansive flex warehouse that could be easily converted to additional office space. The second floor offers large open workspaces, additional bathroom, and wonderfully lit breezeway leading to the rooftop deck. Meticulously Remodeled: The building underwent a complete renovation in 2015, adding modern touches while preserving many of the original architectural finishes. Upgrades include all new mechanical systems, a new roof, new windows, new rear staircase and an elevator. Move-In Ready: The building is suitable for a number of professional users and is move in ready. The workable layout also offers flexibility for minor modifications if needed. Location: The property is located in the heart of Downtown Lexington surrounded by an abundance of retail, restaurants, and more

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

146 E Third Street Facts & Features

  • Type Commercial
  • Sq. ft. 6,848
  • Price/Sq.ft. $256
  • Lot 0.21 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Other

Building Information

  • Year Built: 1840

Business Information

  • Business Type: Professional/Office,Retail

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 001 - Fayette County NW
  • MLS Area Minor: 001 - Fayette County NW
  • Subdivision Name: Commercial

Rent/Lease Information

  • Tenant Pays: Other

General Information

  • Parcel Number: 11355625
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 7258.0
  • Building Area Units: Square Feet

General Information

  • Building Features: Elevator(s),Kitchen Facilities,Wood Flooring
  • Living Area: 6848.0
  • Living Area Units: Square Feet
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: On Site,Paved

Lot Information

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Square Feet: 9147.6
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false

146 E Third Street Neighborhood

Community

40508 (Lexington) Demographics

23
Median Age
6,152
Population Density (per sq. mile)
41%
College Educated
$28,850
Estimated Median Income
2,697
Estimated Total Home Owners
6,918
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

146 E Third Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

146 E Third Street Market Data

Based on the last 30 days in this zip code

$374,690
Average List Price
$246
Average Price per Square Foot
13
Properties Sold
65
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

146 E Third Street History

Date Event Value Agent
4/21/2026Source: Imagine MLS/Bluegrass Added to Database
April 21, 2026
4/21/2026Source: Imagine MLS/Bluegrass Price Increase
$18 5.9%
3/10/2026Source: Imagine MLS/Bluegrass Price Reduction
$17 -5.6%
9/17/2025Source: Imagine MLS/Bluegrass Added to Database
September 17, 2025