For Sale: Historic NoLi Retail Property

732 North Limestone Lexington, KY 40508

732 North Limestone, Lexington, KY, 40508
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FOR SALE
Property Type:
Street Retail
Amount:
$328,500
Last Verified:
Feb 19, 2026

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Highlights

  • *** Out of courtesy to ownership and staff, please avoid direct contact with the tenant. No drop-ins will be permitted a tour. Showings will be arranged by appointment only while normal business operations continue. ***
  • Historic Charm: Built in 1905, featuring architectural character and period details.
  • Fully Leased: One retail unit with 100% occupancy, providing a steady income stream.
  • Prime Neighborhood Location: Situated in the vibrant, walkable NoLi corridor with strong local foot traffic.
  • Community-Oriented: Steps from Greyline Station, Julietta Market, and independent shops, breweries, and cafes.
  • B-1 Zoned Retail Flexibility: Ideal for neighborhood retail, small business, or local entrepreneur investment.

Description

This 1,181 SF building, built in 1905, offers a rare blend of historic charm and architectural character, featuring original period details that give it a distinctive presence in the neighborhood. With 100% occupancy in a B-1 zoned area, the property provides a reliable income stream for investors.

Located along the vibrant NoLi (North Limestone) corridor, the building sits amidst a walkable, community-oriented neighborhood filled with independent shops, cafes, breweries, art studios, and cultural hotspots. Nearby amenities like Greyline Station and Julietta Market add to the area’s energy, drawing local residents and visitors alike.

This flexible retail space is ideal for a range of small business ventures or neighborhood retail concepts, offering a chance to participate in Lexington’s thriving local market while contributing to the area’s creative, community-centered atmosphere.

*** Out of courtesy to ownership and staff, please avoid direct contact with the tenant. No drop-ins will be permitted a tour. Showings will be arranged by appointment only while normal business operations continue. ***

732 N Limestone is located in the heart of Lexington’s vibrant NoLi (North Limestone) neighborhood, a culturally rich and walkable urban district celebrated for historic character, creative energy, and local commerce. The property sits along one of the city’s most engaging corridors, surrounded by independent shops, eateries, bars, coffee spots, art studios, and community gathering places that reflect the area’s eclectic charm.

Just a short stroll away is Greyline Station, a restored historic building now serving as a hub for retail, dining, offices, and events, including the Julietta Market, where local makers, food vendors, and creative entrepreneurs showcase their work.

The surrounding area’s walkability and cultural amenities give the neighborhood a strong community feel, while public transit access via Lextran and proximity to downtown Lexington enhance connectivity to broader city destinations.

Additional Opportunity: Two adjacent parcels at 736 and 740 N Limestone are also available, offering potential for expansion, redevelopment, or a larger consolidated presence in the heart of NoLi.


Year Built: 1905
Building Size: 1181sq ft
Lot Size: 0.09 acres


Documents

Brochure- 732 N Limestone.pdf

Map of 732 North Limestone, Lexington, KY, 40508

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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