1305 Lancaster Road Richmond, KY $ 475,000
1305 Lancaster Road
$ 475,000
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1305 Lancaster Road

Richmond, KY, 40475
$ 475,000
Bedrooms-- Baths-- Sq 5,571

Monthly Estimate*

$ 2,925

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Commercial Property for sale in Richmond, KY

for $475,000. This 5,571 square foot building was built on a lot size of 0.88.

Large mixed use property close to campus in Richmond. The first floor is currently being used as the owner's dental practice. Upstairs is a large 3 bedroom, 2 bath apartment. The basement has another unfinished apartment currently being used for storage. Being sold As-Is. Current owner is willing to lease back the office space.

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Commercial Active

Price

$ 475,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.88

Town/City

Richmond

County/Region

Madison

MLS | Web ID

24025664

Features
General
Possession Close Of Escrow
Year Built 9999
Property Subtype Mixed Use
Parcel Number 0056-0000-0026-B
Business Type Mixed
County Madison
New Construction N
Property Type Commercial Sale
Subdivision Name Commercial
Status Active
Directions Lancaster Road Building on the right
City Richmond
Zoning Description P-1
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 38333.0
Land Lease Y/N N
MLS Area Minor 008 - Madison County
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Size Area 0.88
Lot Size Acres 0.88
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Total Baths 0
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Internal Only
Street Number 1 1305
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* Excluded Features
List By
The Gibson Company

Broker

Affordability Calculator

$2,925
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$475,000 Listed Price

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1305 Lancaster Road, Richmond, KY, 40475 is a Commercial Property for sale at $475,000 with 5,571 sqft and a lot size of 0.88. The property's zip code is 40475 which is in Richmond, KY