Lexington, South Carolina, September 21, 2025
News Summary
A historic 3½-acre property located at 401 W. Main St. in Lexington has been sold for $600,000. The sale involves a 100-year-old home formerly used as a doctor’s office and has been vacant for a decade. The new owners, led by James Kirkland, have not disclosed future plans. The area is experiencing growth with new businesses and investments, contributing to increasing commercial interest along Main Street.
Lexington, South Carolina—A significant real estate transaction took place as a 3½-acre property located at 401 W. Main St., previously the office of Dr. James Steele, has been sold for $600,000. The buyer is a group of investors led by James Kirkland, who opted not to disclose any immediate future plans for the site.
This property, consisting of a historic 100-year-old home that served as a doctor’s office until the early 1980s, has been vacant for a decade. It is strategically situated near the intersection of two main commercial strips in Lexington, further adding to its appeal as development interest in the area increases.
Commercial real estate agent John Gregory has pointed out that Main Street is becoming increasingly attractive due to various city initiatives, including investments in parks and traffic improvements. This growing desirability is reflected in recent commercial sales in the area, such as a building occupied by Alodia’s Cucina Italiana, which sold for $2.4 million.
Over the last five years, the Lexington area has witnessed a surge in new restaurants and shops, including notable establishments like O’Hara’s Public House, Keg Cowboys, and Bodhi Thai. The town’s population, which has grown 1.5% in 2019, now exceeds 22,000 residents, marking a 24% increase over the past decade and surpassing the state growth rate of 1.3%.
As part of this development push, future prospects for the 401 W. Main St. property may include qualification for historic and abandoned building tax credits, considering its age and historical relevance. The seller, Tracy Steele, expressed mixed feelings about selling the family property, which holds significant sentimental value.
Lexington continues to evolve with new business ventures, as evidenced by the Palmetto Cards sports card shop’s plans to relocate to 607 Columbia Ave. for additional space. This new location will encompass a 3,000-square-foot suite. Furthermore, popular restaurant Lizard’s Thicket at 621 W. Main St. has reopened after renovations, fostering additional commercial vitality in the region.
New dining establishments are also on the rise, with Na’cho Margarita planning to open a location at 712 W. Main St., previously known as RF’s Corner Grill. This location has applied for the necessary alcohol licenses and is expected to contribute to the local restaurant scene. The Town Square shopping center, where Na’cho Margarita will be situated, experiences high traffic volumes of approximately 40,000 cars per day, highlighting the area’s commercial potential.
The ongoing revitalization projects in Lexington, including the Project Icehouse redevelopment, signify that further growth and business opportunities are on the horizon for this burgeoning community.
FAQ
What was sold at 401 W. Main St., Lexington?
The property was a 3½-acre site that included a historic 100-year-old home formerly used as a doctor’s office.
Who purchased the property?
The property was sold to a group of investors led by James Kirkland.
What are the future plans for the property?
No future plans have been disclosed for the property at this time.
Why is Main Street in Lexington becoming more desirable?
Main Street is becoming desirable due to city investments in parks, traffic improvements, and the growth of new businesses.
How has Lexington’s population changed over the years?
Lexington’s population has grown by 24% over the last decade and surpassed 22,000 residents, with a growth rate higher than the state average.
Chart: Key Features of the Property Sale
| Feature | Details |
|---|---|
| Location | 401 W. Main St., Lexington, SC |
| Acres | 3½ Acres |
| Sale Price | $600,000 |
| Previous Use | Doctor’s Office |
| Historic Significance | Over 100 years old |
| Vacant Period | 10 years |
| Population Growth (Last Decade) | 24% |
Deeper Dive: News & Info About This Topic
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Additional Resources
- Post and Courier: Historic Doctor’s Office Sells for $600,000
- The State: Local News Article
- Lexington Chronicle: Clyde Corbin Smith
- Cola Daily: Lizard’s Thicket Reopens After Renovations
- WLTX: Lexington Plans Upgrade for Busy Intersection
- Wikipedia: Lexington, South Carolina
- Google Search: Lexington South Carolina Business News
- Google Scholar: Lexington South Carolina Development
- Encyclopedia Britannica: Lexington
- Google News: Lexington South Carolina
Author: STAFF HERE LEXINGTON WRITER
The LEXINGTON STAFF WRITER represents the experienced team at HERELexington.com, your go-to source for actionable local news and information in Lexington, Fayette County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Woodland Art Fair, Crave Food and Music Festival, and Railbird Festival. Our coverage extends to key organizations like Commerce Lexington and Blue Grass Community Foundation, plus leading businesses in education, manufacturing, and technology that power the local economy such as University of Kentucky, Toyota Motor Manufacturing, and Lexmark. As part of the broader HERE network, including HEREBowlingGreen.com and HERELouisville.com, we provide comprehensive, credible insights into Kentucky's dynamic landscape.
