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.