401 W Main Street, Lexington, KY 40507 (MLS# 1200477)

401 W Main Street, Lexington, KY 40507

$1,750,000

Property Type: Commercial Sale Square Footage: 174,997 Status: Closed

Current Price: $1,750,000 List Date: 1/09/2012 Last Modified: 9/03/2025

Overview

Description

Victorian Square has been at the heart of downtown Lexington since the 1880's. In 1985 the block of 16 buildings which originally housed saloons, hotels, restaurants and an opera house underwent a modern renovation which brought them all together under one roof. The result created an airy and accessible space that is best observed from the central atrium. Listed on the National Register of Historic Places, Victorian Square is the perfect blend of historic architecture and modern comfort. Today Victorian Square houses restaurants, retail, galleries, offices, the Explorium and Artist's Attic. Located across from the newly renovated Triangle Park and convenient to the Hilton and Hyatt hotels, Lexington Convention Center and Rupp Arena, Victorian Square is connected via pedway to a parking garage and the convention center.

Listing Details MLS# 1200477

Listing Information

Property Sub Type: Office

Status Change Information

Price Change Timestamp: 2012-08-28T17:32:25Z
Status Change Timestamp: 2012-08-28
Purchase Contract Date: 2012-08-27
Close Date: 2012-08-27
Close Price: 1750000
Buyer Financing: Conventional

Address

County: Fayette
Street Number: 401
Street Direction Prefix: W
Street Name: Main
Street Suffix: Street
State: KY
Zip Code: 40507
Parcel Number: 13802900

Contract

Original List Price: 7250000
Start Showing Date: 2012-01-09
Listing Contract Date: 2012-01-09
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 41.43
Sold Price/SqFt: 10
SP/LP: 0.24

Tax Legal

MLS Area Major: 001 - Fayette County NW
Subdivision Name: Downtown

Interior

Building Area Total: 174997

More Information

Building

Leasable Area: 138197

Remarks

Public Remarks: Victorian Square has been at the heart of downtown Lexington since the 1880's. In 1985 the block of 16 buildings which originally housed saloons, hotels, restaurants and an opera house underwent a modern renovation which brought them all together under one roof. The result created an airy and accessible space that is best observed from the central atrium. Listed on the National Register of Historic Places, Victorian Square is the perfect blend of historic architecture and modern comfort. Today Victorian Square houses restaurants, retail, galleries, offices, the Explorium and Artist's Attic. Located across from the newly renovated Triangle Park and convenient to the Hilton and Hyatt hotels, Lexington Convention Center and Rupp Arena, Victorian Square is connected via pedway to a parking garage and the convention center.

Tax & Legal

Tax Rate: 1.1191
Zoning Description: B-2B
Directions: Located on the corner of South Broadway and West Main Street.

Construction Materials

Brick: Yes
Glass: Yes
Other: Yes

Roof

Flat: Yes

Special Listing Conditions

Standard: Yes

Business Type

Professional/Office: Yes
Restaurant: Yes
Retail: Yes

Sale Includes

Building(s): Yes
Land: Yes

Property Features

Business Type: Professional/Office; Restaurant; Retail Construction Materials: Brick; Glass; Other Roof: Flat Sale Includes: Building(s); Land Special Listing Conditions: Standard

Listing Office: Bluegrass Sotheby's International Realty

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.