Lancaster, KY Commercial Real Estate for Sale

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Barndominium and Heated Shop
Updated: May 7
Barndominium and Heated Shop

40 N Ridge Road, Lancaster, KY 40444

$549,900
1,802 sqft 4.38 AC lot
Rare barndominium and shop on 4.38 acres, less than 5 minutes from Sunset Marina on Herrington Lake.
Impressive 1500 sqft heated & cooled shop with 16ft walls, two 14' x 14' doors, half bath, and 6' reinforced concrete floor with epoxy coating; potential for second story.
Income‑producing potential due to commercial zoning and proximity to Herrington Lake.
High‑end finishes and smart home features: premium lifetime warranty cabinetry, quartz countertops, marble tile backsplashes, induction stove with air fryer, smart lighting, motorized blinds, and Cat 6 wiring.
Durable and efficient construction: solid steel structures, 12‑inch steel walls with full insulation, metal roof, and 400 amp service to both the home and shop.
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Historic Two-Story Commercial Building
Updated: Jul 22
Historic Two-Story Commercial Building

35 Public Square, Lancaster, KY 40444

$224,900
4,968 sqft 0.08 AC lot
Historic 2‑story downtown building in Lancaster Public Square, formerly Napier Bros Clothing
Nearly 2,500 SF of open space on the first floor with central heat and air
First floor includes 2 restrooms, dressing room, and small office
Second floor is unfinished and offers additional storage space
Brick construction with flat/membrane roof and basement
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Multi-Building Industrial Property
Multi-Building Industrial Property

5374 Lexington Road, Lancaster, KY 40444

$589,900
7,800 sqft 6.87 AC lot

Unrestricted 6.87-acre site with five buildings, including equipment shed, garages, and metal storage structures.

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Horse Farm with 56x70 Barn
Horse Farm with 56x70 Barn

173 Brewer Way, Lancaster, KY 40444

$825,000
2,588 sqft 81.50 AC lot

81.5-acre farm with a 56x70 barn offering five stalls, tack room, and a 20x60 workshop with concrete floor.

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Wedding Venue with Event Building
Wedding Venue with Event Building

54 Burdette Knob Road, Lancaster, KY 40444

$569,000
1,680 sqft 9.37 AC lot

Event-ready building on 9+ acres with a caterer’s kitchen, restrooms, patio, and on-site pond.

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Garrard County Breathtaking Acreage
Garrard County Breathtaking Acreage

1102 Nina Ridge Road, Lancaster, KY 40444

$1,200,000
220.00 AC lot

220 acres of rolling pasture with scenic views.

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Vacant Lot in Lancaster, KY
Vacant Lot in Lancaster, KY

310 Crab Orchard Road, Lancaster, KY 40444

$59,000
0.30 AC lot

Vacant lot in Lancaster, Kentucky, formerly Hasty's Grocery.

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Commercial Land with Brick Home
Commercial Land with Brick Home

2207 Stanford Street, Lancaster, KY 40444

Contact for pricing
2,282 sqft 2.00 AC lot

Development-ready commercial land with over 280 feet of frontage and an existing brick home with an unfinished basement.

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Land For Sale, Lancaster, KY
Land For Sale, Lancaster, KY

5320 Sugar Creek Road lot: 8, Lancaster, KY 40444

$140,000
6.97 AC lot

6.971 acre commercial land for sale in Lancaster, KY.

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Mixed-Use Income Property
Mixed-Use Income Property

105&107 Richmond Street, Lancaster, KY 40444

$489,999
10,525 sqft 0.05 AC lot

7-unit mixed residential and commercial building with diversified tenant income in downtown Lancaster.

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Lancaster Retail Center For Sale
Lancaster Retail Center For Sale

150 Pleasant Retreat Drive, Lancaster, KY 40444

Contact for pricing
20,000 sqft

Multi-tenant retail center with available space and ample parking.

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Agricultural Land with Spring-Fed Creek
Agricultural Land with Spring-Fed Creek

3515 Kennedy Bridge Rd, Lancaster, KY 40444

$600,000
38.90 AC lot

Gently rolling acreage with trees and a spring-fed creek, plus adjoining deed-restricted lots with utilities.

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Multi-Use Auto Repair Building
Multi-Use Auto Repair Building

115 Lemay Rd, Lancaster, KY 40444

Contact for pricing
3,000 sqft 0.75 AC lot

Multiple-use 3,000 SF property previously used for auto repair/body work, with 16-ft ceilings and lift equipment included.

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Lancaster Development Lot For Sale
Lancaster Development Lot For Sale

20 Farra Drive, Lancaster, KY 40444

$312,500

1.25 AC development lot in Lancaster, Kentucky for sale.

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Lakefront Farm Land
Lakefront Farm Land

3100 Tanyard Branch Rd, Lancaster, KY 40444

$799,900
57.00 AC lot

Expansive lakefront property on Herrington Lake with substantial shoreline for a private farm and lakeside lifestyle.

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Retail Center Outlots For Sale
Retail Center Outlots For Sale

150 Pleasant Retreat Dr, Lancaster, KY 40444

Contact for pricing

Multi-tenant retail center outlots available in Lancaster, KY.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Lancaster, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Suite Office Building
Multi-Suite Office Building

1000 E Lexington Avenue, Danville, KY 40422

$450,000
3,450 sqft 0.12 AC lot

Flexibly configured office suites inside Greenleaf Shopping Center with convenient access along E Lexington Avenue.

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Flex Space with Overhead Door
Flex Space with Overhead Door

1125 Stanford Road, Danville, KY 40422

$399,000
2,880 sqft 0.84 AC lot

Commercial flex building features reception, private office, bathroom, and a large open workspace with an overhead door.

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Commercial Property with Highway Frontage
Commercial Property with Highway Frontage

1001 US-27, Stanford, KY 40484

Contact for pricing
4,000 sqft 4.00 AC lot

4+ acre commercial property with income potential and residence.

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Commercial Lot in Stanford, KY
Commercial Lot in Stanford, KY

90 WRSL Road, Stanford, KY 40484

$299,000
1.89 AC lot

1.891 acre commercial lot with high traffic count.

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Off-Market Properties in Lancaster, KY

Consider similar Off-Market properties in Lancaster, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

100 Baker Ave
LAUNDROMAT (SELF-SERVICE)

100 Baker Ave, Lancaster, KY 40444-1348

Value Estimation by Request
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509 Stanford Rd
COMMERCIAL (GENERAL)

509 Stanford Rd, Lancaster, KY 40444-9547

Value Estimation by Request
0.39 AC lot
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348 Stanford St
COMMERCIAL (GENERAL)

348 Stanford St, Lancaster, KY 40444-1267

Value Estimation by Request
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George Wilson Dr
VACANT COMMERCIAL LAND

George Wilson Dr, Lancaster, KY 40444

Value Estimation by Request
4.98 AC lot
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212 Stanford St
COMMERCIAL (GENERAL)

212 Stanford St, Lancaster, KY 40444-1237

Value Estimation by Request
1.07 AC lot
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9646 Nicholasville Rd
COMMERCIAL (GENERAL)

9646 Nicholasville Rd, Lancaster, KY 40444-2700

Value Estimation by Request
4.92 AC lot
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115 Campbell St
COMMERCIAL (GENERAL)

115 Campbell St, Lancaster, KY 40444-1207

Value Estimation by Request
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Ss Campbell St 111th Mls Aly Aly
COMMERCIAL (GENERAL)

Ss Campbell St 111th Mls Aly Aly, Lancaster, KY 40444

Value Estimation by Request
View details

Lancaster, KY Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lancaster, KY, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 54,645 square feet of properties for sale, with an estimated market value of $6,360,099.

Sale prices for business properties in Lancaster, KY start at $59,000, averaging $530,008, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 14K
Population Growth (5Y) -1.4%
Median Household Income $62,324
College Educated 14.5%

High-Yield Neighborhoods for Investment

Identify Lancaster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40444 $507.8K

Taxes & Financing

Tax Rate (average for all types) 1.12%
Property Tax per SF $0.28 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Garrard County

New Delisted

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