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
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Property for Rent in Richmond, KY

for $475,000. This 5,571 square foot property was built in 1983 on a lot size of 0.88.

Unlock the potential of the versatile mixed-use property, perfectly designed for both business and residential living. The main level features well-appointed commercial office space with excellent visibility and accessibility. Ideal for a professional services, retail, or small business seeking a prime location (backs up to the new Model school being built, close to EKU campus). Upstairs a private residential apartment offers comfortable living quarters (3-bedroom, 2 bath) complete with its own entrance, making it perfect for an owner-occupant, rental income, or live-work flexibility. The first floor was used as the owner's dental practice. The basement has another partially unfinished apartment currently being used for storage (could be renovated to make another large apartment or business use). At this time, upstairs apartment uses window AC units to cool. Apartment needs new HVAC unit. Huge 3 car garage and large possible room (needs to be finished) above the garage. All dentist equipment will be removed.

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Rental Active

Price

$ 475,000

Taxes

$ 0

Style

Mixed Use

Lot Size

0.88

Year Built

1983

Town/City

Richmond

County/Region

Madison

MLS | Web ID

26008401

Features
General
Sewer Septic Tank
Heating Electric
Cooling Multi Units Window Unit(s)
Possession Close Of Escrow
Zoning Other
Year Built 1983
Property Subtype Mixed Use
Parcel Number 0056-0000-0026-B
Business Type Professional/Office Professional Service Mixed
Business Name Great Grins Dentistry
County Madison
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Status Active
Directions Lancaster Road Building on the right Latitude: 37.727075 Longitude: -84.309636
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
Building Area Units Square Feet
Lease Type None
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Partially Finished Walk-Out Access
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Open Paved
Total Parking 10.0
Lot Size Area 0.88
Number of Buildings 1
Building Area Total 5571.0
Lot Size Acres 0.88
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1305
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* Excluded Features
List By
Century 21 Advantage Realty

Broker

jlucas@century21advantage.com

Email

Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2026$475,000 Listed Price

Map


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1305 Lancaster Road, Richmond, KY, 40475 is a Property for Rent at $475,000 with 5,571 sqft and a lot size of 0.88. 1305 Lancaster Road was built in 1983. The property's zip code is 40475 which is in Richmond, KY