301 Steep Street Richmond, KY $ 450,000
301 Steep Street
$ 450,000
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301 Steep Street

Richmond, KY, 40475
$ 450,000
Bedrooms-- Baths-- Sq 4,406

Monthly Estimate*

$ 2,807

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Commercial Property for sale in Richmond, KY

for $450,000. This 4,406 square foot building was built in 1996 on a lot size of 0.47.

Prime multi-use property located inside the city limits of Richmond, KY, offering excellent investment potential. Currently vacant, this property is ready for immediate occupancy and income generation. The rear portion features a one-bedroom apartment and a two-car garage, creating opportunities for rental income once leased. With three possible rental opportunities, this property offers multiple revenue streams. The main building provides just over 3,000 square feet of versatile space, ideal for retail, office, showroom, service-based business, or mixed-use operations. Located in a high-visibility area with easy access to shopping, dining, and major roadways, this property is zoned for a variety of commercial uses, making it well-suited for investors, entrepreneurs, or owner-operators seeking a strategic location with strong income potential. Main building has 3036 SF.

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Commercial Pending

Price

$ 450,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.47

Year Built

1996

Town/City

Richmond

County/Region

Madison

MLS | Web ID

25017945

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Other
Possession Negotiable
Roof Shingle
Construction Materials Block Brick Vinyl Siding
Year Built 1996
Property Subtype Mixed Use
Parcel Number R011-0003-0001
Business Type Warehouse Retail Mixed
County Madison
New Construction N
Property Type Commercial Sale
Subdivision Name Downtown
Building Features Vinyl Flooring Tile/Brick Floor Partially Carpeted Concrete Floor
Status Pending
Directions From Big Hill Ave turn onto Steep Street. Building is on the right.
City Richmond
Zoning Description B-3
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 20473.0
Land Lease Y/N N
MLS Area Minor 008 - Madison County
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Total Parking 35.0
Lot Size Area 0.47
Number of Buildings 2
Lot Size Acres 0.47
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Total Baths 0
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Internal Only
Street Number 1 301
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* Excluded Features
List By
Century 21 Pinnacle

Broker

bill@c21thepinnacle.com

Email

Affordability Calculator

$2,807
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
8/13/2025$450,000 Listed Price

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301 Steep Street, Richmond, KY, 40475 is a Commercial Property for sale at $450,000 with 4,406 sqft and a lot size of 0.47. 301 Steep Street was built in 1996. The property's zip code is 40475 which is in Richmond, KY