Search
Office Suite with Private Entrance
For Lease
$1,000/Mo

1232 Lancaster Avenue, Richmond, KY 40475

COMMERCIAL - Richmond, KY

Space Size772 SF
Lot Size0.42 Acres
Days on Market330

Property Features for 1232 Lancaster Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning description B-3
Rooms Basement
Parking 4
Security features Security System
Basement Walk-Up Access
Subdivision Commercial
Directions From Eastern By-Pass, turn south at University Shopping Center onto Lancaster Road (KY 52). Property is on the right just past Signs and More
Standard status Active
APN 0056-0000-0009-A
Size 2,623 SF
Lot size 0.42 Acres

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Electric

Amenities

private entrance
reception area
full bath
storage
kitchenette
conference room
on-site parking
internet access

Building Details

Floors in Building 2
Listing Agency: Century 21 Pinnacle
Listed By: Monica Marcum
Added: Oct 10, 2025 Changed: Aug 4 Last Checked: Sep 4 at 6:06PM
MLS# 25503477

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 772-square-foot office suite at 1232 Lancaster Avenue includes two private offices, a reception area, full bath, storage, and kitchenette space. A conference room is also available for reservation, providing additional meeting capacity without being part of the suite’s dedicated layout.

The property includes on-site parking, internet access, electric heating and cooling, and cable availability. The suite is offered for rent with flexible lease terms and provides connectivity to EKU and the Eastern By-Pass in Richmond, Kentucky.

Key Highlights

  • 772 SF office suite with two private offices
  • Private entrance with reception area and full bath
  • Kitchenette space plus dedicated storage

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Storage Facility Auto Parts Store Parking Lot & Garage Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value

Market

Lease Benchmarks for Richmond, KY

$11.45 /SF/Yr
Avg Asking Price
$4.57–$16.12 /SF/Yr
Price Range
4,021 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Two private offices, reception area, bath, storage, and kitchenette support a flexible professional layout.
Where is this office units located?
The property is located at 1232 Lancaster Avenue Richmond, KY.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: 772 SF office suite with two private offices; Private entrance with reception area and full bath; Kitchenette space plus dedicated storage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message