1603 E Main Street
Richmond, KY, 40475 $ 875,000
Bedrooms-- Baths-- for $875,000. The lot size is 0.9.
This outstanding commercial property is positioned at a prime location at the corner of Lake Street and East Main Street, one of the most visible and traveled intersections in the area. Formerly known as East Main Auto Sales, the property offers excellent exposure, accessibility, and versatility for a wide range of business opportunities. The main building features a spacious office and sales area designed to welcome customers, complete with men's and women's restrooms for convenience. Behind the office is a large garage area with two oversized bay doors, providing easy access for vehicles, equipment, or deliveries. An attached rear garage adds even more functional space for storage, service, or expansion of operations. In addition, the property includes a detached 12x33 office building with a charming covered front porch—perfect for a secondary business, private office, rental space, or an expansion of your company's operations. With city water and sewer already in place, along with a durable concrete parking area, the property is ready to support both staff and customer needs. Adding even more value are two additional lots fronting Lake Street, giving the buyer flexibility for future development, added visibility, or expanded parking. This unique combination of office space, garage bays, detached office, and additional lots makes the property ideally suited for auto sales and service, retail, office use, or a wide variety of commercial ventures. With its unbeatable location, versatile layout, and growth potential, this property represents a rare investment opportunity in a thriving area.
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FeaturesGeneralSewer Public Sewer
Heating Ductless Electric Forced Air Radiant
Cooling Central Air Ductless Electric
Utilities Sewer Connected Water Connected
Possession Close Of Escrow
Zoning Other
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 Main Street follow East Main Street to the property located on the left. Watch for signs.
City Richmond
Zoning Description B-3
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 39204.0
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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ExteriorParking Features On Site Paved
Total Parking 20.0
Lot Size Area 0.9
Number of Buildings 2
Building Area Total 1629.0
Lot Size Acres 0.9
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
Heating-Forced Air True
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* Excluded FeaturesList ByRichmond - Weichert, Realtors® - Ford BrothersBroker
NearbyAbout 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 |
|---|
| 9/4/2025 | $875,000 | | Listed Price |