1603 E Main Street
Richmond, KY, 40475 $ 585,000
Bedrooms-- Baths-- Monthly Estimate*
$ 3,694
for $585,000. The lot size is 0.71.
Discover the possibilities with this versatile commercial property conveniently located near downtown Richmond, the Robert R. Martin Bypass, US-25, US-52, and Eastern Kentucky University. Offering excellent road frontage, a large parking area, and approximately (+/- 1.15) acres total, this property provides plenty of flexibility for a variety of business ventures. The main building, originally operated as a gas station, offers a unique layout featuring a front office/reception area and a spacious three-bay garage, making it well suited for automotive, service, retail, or other commercial uses. Adding to its character, the men's and women's restrooms have exterior entrances, consistent with the building's original gas station design and era. A separate 12' x 33' mobile office building provides additional workspace and includes an office area and convenient break area. Most recently, the property was utilized as a used car lot, and the expansive parking area and generous road frontage lend themselves well to similar or entirely new business concepts. The two buildings are situated on approximately (+/-0.71) acres, with an additional (+/-0.44) acre lot located behind the buildings included in the sale, offering added space and future potential. With its convenient Richmond location, ample parking, multiple buildings, garage space, and additional acreage, this property presents an exciting opportunity for an entrepreneur, investor, or growing business. Bring your vision—there are numerous business possibilities for this unique commercial property!
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Heat Pump
Possession Close Of Escrow
Zoning B-3
Construction Materials Brick Stone Vinyl Siding
Year Built 9999
Property Subtype Mixed Use
Parcel Number R010-0020-0006
Business Type Commercial
County Madison
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Building Features Wood Flooring Concrete Floor
Status Active
Directions From I-75 S take exit 90A. Turn right onto US-25/US-421/Lex Rd. continuing onto West Main St. and then to East Main St. Turn left onto East Main St/Irvine Rd./US-52. The property will be on your left
City Richmond
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 30927.6
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
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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ExteriorParking Features On Site Paved
Lot Size Area 0.71
Number of Buildings 2
Building Area Total 1629.0
Lot Size Acres 0.71
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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* Excluded FeaturesList ByKeller Williams Legacy GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,694
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Richmond, KY
Average List Price $917,946
Percent of Sale Price 57%
About Richmond, KY 35,074 Population
28% Since 2002
$ 36,610 Median Income
30.65 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/16/2026 | $585,000 | | Listed Price |