Richmond, KY Commercial Real Estate for Sale

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74 properties

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Updated: Jun 3

Brick Storefront with Walk-In Cooler

122 E Main Street, Richmond, KY 40475

$1,300,000

5,330 sqft 0.11 AC lot

5,330‑square‑foot storefront property
4,100‑square‑foot basement
Walk‑in cooler located downstairs
Block‑and‑brick construction
Located at 122 E Main Street in Downtown Richmond

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Updated: Jun 1

4-Unit Mixed-Use Commercial Property

1696 Northgate Drive, Richmond, KY 40475

$2,500,000

9,222 sqft 1.18 AC lot

4‑unit mixed‑use property with a gas station, convenience store, and health spa
9,222‑square‑foot commercial building on 1.18 acres
Health spa currently under lease
Located at a signalized intersection along I‑75
Constructed in 1989 with block, brick, and concrete materials

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Automotive Service Building with Six Bays

1500 E Main Street, Richmond, KY 40475

$2,595,000

6,622 sqft 0.96 AC lot

Newer metal building with six service bays, on-site parking, and vehicle access on a nearly one-acre lot.

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Renovated Office/Retail Historic Home

1419 Lexington Road, Richmond, KY 40475

$795,000

4,256 sqft 0.28 AC lot

Highly visible, renovated historic home ideal for office or retail.

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Riverfront Farm with Heated Shop

3700 River Drive, Richmond, KY 40475

$1,375,000

3,333 sqft 58.00 AC lot

Fenced agricultural property with livestock capacity, multiple outbuildings, and AR zoning near I-75.

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Wedding and Conference Venue

230 Eastern, Richmond, KY 40475

$1,800,000

9,000 sqft 1.00 AC lot

Flexible event facility with central climate control, forced-air heat, and parking for gatherings of varied sizes.

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Mixed-Use Live-Work Property

1305 Lancaster Road, Richmond, KY 40475

$440,000

5,571 sqft 0.88 AC lot

Commercial office space on the main level with a separate upstairs 3-bedroom apartment and shared garage facilities.

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Four-Unit Mixed-Use Property

1696 Northgate Dr, Richmond, KY 40475

$2,500,000

9,222 sqft

Includes a gas station, convenience store, and health spa center under lease.

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Renovated Storefront Property

1065 Berea Rd, Richmond, KY 40475

$420,000

1,875 sqft 0.24 AC lot

Open commercial layout with a rear kitchen and office.

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Fenced Warehouse with Gated Access

508 N 3rd Street, Richmond, KY 40475

$59,900

1,000 sqft 0.12 AC lot

Block storage building on a controlled-access site with perimeter fencing and existing improvements.

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Specialty Downtown Building

122 E Main St, Richmond, KY 40475

$1,300,000

5,330 sqft

Specialty building with a downstairs walk-in cooler and a finished basement area.

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Richmond, KY Out Parcel Land

2072 Merchant Drive, Richmond, KY 40475

$1,400,000

1.71 AC lot

1.71 acre outparcel ideal for retail, restaurant, or office.

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Mixed-Use Building with Apartments

107 N Killarney Lane, Richmond, KY 40475

$649,900

2,200 sqft 0.60 AC lot

Retail and office space is combined with two apartment units and public sewer service.

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Cattle Farm with Log Cabin

485 Turner Ridge Spur, Richmond, KY 40475

$929,000

2,600 sqft 133.00 AC lot

Private cattle farm with rolling pastures, wooded acreage, and a hewn hemlock log cabin plus insulated shop.

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Mixed-Use Property With Apartments

204-206 S 3rd Street, Richmond, KY 40475

$579,000

9,763 sqft 0.19 AC lot

Two occupied ground-floor suites complement five upper-level apartments in a downtown commercial and residential asset.

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Flex Space with Dual Garage Doors

1028 Golden Leaf Boulevard, Richmond, KY 40475

$249,900

2,240 sqft 0.01 AC lot

Finished commercial unit with independent utility metering, climate control, bathrooms, and on-site parking.

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Highway Business Development Land

320 Anna Hume Blvd, Richmond, KY

$279,900

47,625 sqft 1.09 AC lot

Commercially zoned land with about 188 feet of road frontage on a B-3 highway business corridor.

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84 Acres of Kentucky Farmland

1490 Mule Shed Lane, Richmond, KY 40475

$980,000

84.16 AC lot

Gently rolling farmland with road frontage, barn, and pond.

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Former Grocery Retail With Dock Access

255 E Main Street, Richmond, KY 40475

$81,006

14,000 sqft

Retail space with abundant power, storage area, and dock access for operations needing logistics-ready buildout.

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10-Acre Residential Development Land

Tract 3 B-8 Four Mile Road, Richmond, KY 40475

$300,000

10.00 AC lot

Ten acres zoned AR with water and electricity available, approved driveway entrances, and fire hydrants installed per code.

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Two-Level Office Building

108 Forbes Ct, Richmond, KY 40475

Contact for pricing

6,720 sqft

Office property arranged across distinct ground-level and lower-level spaces.

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Commercial Land for Business Development

1 Bryson Way, Richmond, KY 40475

$450,000

1.63 AC lot

Zoned B-3 commercial lot with water available, off US 25 across from a Shell Station.

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Farm Property with Farmhouse

3043 Poosey Ridge Rd, Richmond, KY 40475

$450,000

1,722 sqft

Farm property with a farmhouse, pasture, outbuildings, livestock improvements, and recreational land uses.

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Mixed-Use Property with Apartment

301 Steep Street, Richmond, KY 40475

$450,000

4,406 sqft 0.47 AC lot

Vacant commercial property combines flexible business space with a one-bedroom apartment and two-car garage.

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Richmond, KY Commercial Real Estate Market Trends and Statistics

Explore 74 commercial real estate for sale in Richmond, KY, showcased through 74 active listings on our real estate platform. These investment opportunities span a total of 968,138 square feet of properties for sale, with an estimated market value of $38,591,906.

Sale prices for business properties in Richmond, KY start at $49,500, averaging $756,704, and reaching up to $3,200,000 — 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 65K

Population Growth (5Y) +5.8%

Median Household Income $62,731

College Educated 26.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
40475	$817.1K

Taxes & Financing

Tax Rate (average for all types) 0.97%

Property Tax per SF $5.99 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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