- 6,848
- sqft
- 1840
- year built
- Status:
- Active
- MLS #:
- 26008596
- Neighborhood:
- Commercial
- County:
- Fayette
- Listed By:
- Adam Boardman - Block + Lot Homes
- Agent Phone:
- (859) 338-8243
- Agent Email:
- adam@balrealestate.com
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
Highlights
- Commercial Sale
- Office
- Built in 1840
- 0.21 Acre Lot
- 205 days on Market
-
- Year Built
- 1840
-
- Stories
- 3.0
-
- Parking Features
- Paved, On Site
-
- Living Area
- 6848.0
-
- Basement
- Partially Finished, Interior Entry, Concrete
-
- Acres
- 0.21
-
- Area
- 001 - Fayette County NW
-
- County
- Fayette
-
- City
- Lexington
-
- Neighborhood
- Commercial
-
- Zip Code
- 40508
-
Nearby Schools
-
100out of 100
-
51out of 100
-
51out of 100
-
48out of 100
-
52out of 100
-
52out of 100
-
50out of 100
-
51out of 100
-
51out of 100
-
74out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Estimated Value
$596,986
$477,588 - $716,383
Source: Constellation Data Labs
Price History
| 04/21/2026 | Listed | $1,750,000 |
| Source: ImagineMLS (Bluegrass REALTORS) #26008596 | ||
| 04/21/2026 | Price Changed | $18 |
| Source: ImagineMLS (Bluegrass REALTORS) #25501570 | ||
| 09/17/2025 | Listed | $19 |
| Source: ImagineMLS (Bluegrass REALTORS) #25501570 | ||
Source: MLS Data
Deed History
| 01/22/2010 | Deed | $275,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 02/18/2020 | Unknown | $1,059,577 |
| 05/08/2014 | Commercial | $720,000 |
| 01/22/2010 | Commercial | $220,000 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Lexington
There are currently 1351 properties available in Lexington, with 0 under contract to close soon. Properties in the city have an average sale price of $501,759 and typically spend 79 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 146 E 3rd St?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 146 E 3rd St.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 146 E 3rd St?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,750,000. We can talk through recent upgrades, potential seller motivation, how this office compares to others in Lexington, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 146 E 3rd St?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 146 E 3rd St at around $9,959. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 146 E 3rd St?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Fayette County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 146 E 3rd St?
In most cases, yes. Whether 146 E 3rd St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lexington's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 146 E 3rd St?
We can handle that for you. Our preferred local agent specializes in commercial sales in Lexington and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $1,750,000 with 6,848 sqft of space—that comes out to approximately $256 per square foot.
How long has this property been on the market?
146 E 3rd St was listed on April 21, 2026, which means it's been on the market for 205 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1840, making it approximately 186 years old.
What is the lot size of this property?
146 E 3rd St sits on a 0.21-acre lot, which is 9,148 square feet.
Is 146 E 3rd St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Bluegrass REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by IDX brokerage firms other than Rector Hayden Realtors, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX brokers. Information deemed reliable but not guaranteed. Copyright © 2026 Bluegrass REALTORS®. All Rights Reserved.
Last Updated: November 12, 2026 at 12:47AM | Source: ImagineMLS (Bluegrass REALTORS) | MLS#: 26008596
