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    105 E St Richmond, KY 40475

    For Sale
    $875,000

    COMMERCIAL - Richmond, KY

    Property size:
    5,100 SF
    Lot size:
    0.25 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 105 E St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    R0009-0022-0014
    Size
    5,100 SF
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick, Stone
    Roof type
    Metal

    Realtors of Kentucky (859) 661-5117

    Listing agent Delma Peercy (859) 661-5117

    Listing date Dec 4, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Converted Warehouse with Income Potential

    This mixed-use property is a converted and redesigned warehouse located in downtown Richmond, Kentucky. The property includes a nearly 2300 square foot upscale loft on the second floor, featuring a great room, kitchen and dining area, two bedrooms, two bathrooms, and a screened-in private porch. The ground level includes a private courtyard with stamped concrete, sun screen, and a fire pit, plus a stylish entrance/mudroom with a custom stairway and a dog washing station. Below the loft, there are five rented offices that share a conference room, kitchenette, full bath, washer/dryer, and waiting area. An additional building on the property contains a lavish 1100 square foot apartment above a four-car garage, with two bedrooms, two full baths, a deck, and an outside entrance. City gas is connected for gas-lit lights, a gas cooking range, and a small gas backup stove. The property also has central heat and air units that are electric. The seller currently collects $3300 a month in rent. The seller also rents blacktop parking lot spaces and a storage building across the street from the bank for $200 a month. The lot size is approximately 0.25 acres and the property size is approximately 5100 square feet. The zoning is B-2. This property offers potential for additional rental income.
    Location Intelligence

    Current Use by Public Records

    Studio 606 Therapeutic ... Massage Therapist Beautiful You Are, ... Wellness Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.288964
    Latitude
    37.745723

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    FAQs

    What type of property is this?
    Mixed-use property - Unique mixed-use property in downtown Richmond with residential and commercial spaces.
    Where is this mixed-use property located?
    The property is located at 105 E St Richmond, KY.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Income-producing property with $3300/month rental income and potential for more.; - **Upscale 2300 sq ft loft features 2 bedrooms, 2 baths, and a private screened-in porch.**; - Additional 1100 sq ft apartment above the 4-car garage.
    (859) 661-5117
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    105 E St Richmond, KY 40475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 E St Richmond, KY 40475
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