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204-206 S 3rd Street Richmond, KY $ 650,000
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204-206 S 3rd Street
$ 650,000
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204-206 S 3rd Street

Richmond, KY, 40475
$ 650,000
Bedrooms-- Baths-- Sq 9,763

Monthly Estimate*

$ 4,002

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Commercial Property for sale in Richmond, KY

for $650,000. This 9,763 square foot building was built in 1980 on a lot size of 0.19.

Property Type: Mixed-Use Commercial / Multi-Family Location: Downtown Richmond, KY - close to retail nodes and Eastern Kentucky University. Building Overview: • Prominent downtown mixed-use commercial building with excellent street visibility and traditional storefront presence on South 3rd Street. • Total building size approximately 6,500+ sq. ft. (assessor record shows ~6,594 sq. ft.). • Storefront retail/bar space on the main level with large glass frontage, ideal for restaurant/bar/retail use (historic tenants include bar/restaurant uses per local data). • Upper floors comprised of 5 residential units (multiple 1-2 bedroom apartments) — built out as rental apartments with separate entries and utility setups. • Layout supports combined retail + income-producing residential revenue streams. Tenancy / Income Potential:

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.19

Year Built

1980

Town/City

Richmond

County/Region

Madison

MLS | Web ID

26002971
Features
General
Possession Close Of Escrow
Zoning B-2
Year Built 1980
Property Subtype Mixed Use
Parcel Number r008-0009-0008 r008-0009-0007
Business Type Other Retail Mixed Food & Beverage Commercial
County Madison
New Construction N
Property Type Commercial Sale
Subdivision Name Commercial
Status Active
Directions From Eastern Kentucky University Head toward McGregor Alley Turn left onto S Wellington Ct Turn right onto S 3rd St  Destination will be on the right  413 ft 204 S 3rd St
City Richmond
Zoning Description Commercial Retail Multi-family bar
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 8276.4
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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Exterior
Lot Size Area 0.19
Number of Buildings 3
Building Area Total 9763.0
Lot Size Acres 0.19
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 N
Heating Y/N N
Total Baths 0
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Internal Only
Street Number 1 204206
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* Excluded Features
List By
Epique Realty

Broker

jthompson773@outlook.com

Email

Affordability Calculator

$4,002
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,002
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/19/2026$650,000 Listed Price

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204-206 S 3rd Street, Richmond, KY, 40475 is a Commercial Property for sale at $650,000 with 9,763 sqft and a lot size of 0.19. 204-206 S 3rd Street was built in 1980. The property's zip code is 40475 which is in Richmond, KY

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