In 1876, the village of Lexington and the local Masonic Lodge combined their efforts and finances to build a three-story Italianate structure. The village owned the first two floors, which housed the fire department and the opera house, while the Masons owned the third floor. The Masons maintained the roof except for the fire bell's cupola. Village government remained here until 1982, when a new hall was erected, and restoration of the building to house retail shops began in 1986.