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    314 N 2Nd St Richmond, KY 40475

    For Sale
    $315,000

    COMMERCIAL - Richmond, KY

    Property size:
    1,231 SF
    Lot size:
    0.28 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 314 N 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    R0007-0024-0007
    Parking features
    Open
    Basement
    Crawl Space
    Size
    1,231 SF
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Forced Air
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2017
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Lexington Real Estate Services 2525820

    Listing agent Debra A Humes (859) 621-0626

    Listing date Nov 20, 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

    Richmond Commercial Property with Workshop

    This property includes a brick ranch-style house constructed in 2017, featuring 3 bedrooms and 2 bathrooms. Adjacent to the house is a 1,687 square foot office and workshop. Originally configured with 5 bays, the workshop now incorporates office and meeting space, climate-controlled by a mini-split HVAC system. The house is move-in ready and includes new carpet, built-in bathroom shelves, and an electric fireplace with a TV above it. The property is located near downtown Richmond, parks, and Eastern Kentucky University (EKU). The property is suitable for hobbyists and small business owners. The zoning is R-1. The lot size is 0.28 acres. A new Camelot 2 architectural 50-year shingle roof is being installed on both the house and the workshop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    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.

    Similar Places Nearby

    Tows Unlimited, Auto Service Solutions, Howell's Body Shop, Gilbert's Small Engine Repair, National PDR Service

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.293309
    Latitude
    37.750803

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    FAQs

    What type of property is this?
    Auto shop - Richmond property featuring a house and office/workshop space.
    Where is this auto shop located?
    The property is located at 314 N 2Nd St Richmond, KY.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Large (1,687 SF) Office/3-Bay Workshop ideal for hobbyists or small business owners.; - Relatively New Construction: Built in 2017, minimizing potential maintenance issues.; - Move-in Ready: Clean and well-kept 3-bedroom, 2-bath brick ranch with new carpet.
    (859) 621-0626
    Request Owner's contact information
    314 N 2Nd St Richmond, KY 40475
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    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
    314 N 2Nd St Richmond, KY 40475
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