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Live-Work Office Building
For Sale
$415,000

984 Ridgeway Avenue, Falmouth, KY 41040

COMMERCIAL - Falmouth, KY

Property Size3,500 SF
Lot Size0.40 Acres
Price / SF$118.57
Days on Market146

Property Features for 984 Ridgeway Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-1B
Zoning description Commercial/ residential/business
Parking 16
Parking features Open
Subdivision Downtown
Directions US 27 984 Ridgeway Ave is very visible
Standard status Active
Size 3,500 SF
Lot size 0.40 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Building Details

Floors in Building 1
Building materials Block
Roof type Rubber, Metal
Listing Agency: United Country Real Estate - A-Team
Listed By: Bonnie Fisher · License #181456
Added: Mar 6 Changed: Jul 11 Last Checked: Jul 30 at 11:06PM
MLS# 26004307

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.

This one-level live-work building offers a flexible interior layout with an efficiency apartment and eat-in kitchen, along with an office/study room and multiple additional rooms. Interior features listed include laminate counters, an open floor plan, multi-panel doors, recessed lighting, ceiling fans, and aluminum-framed picture windows. Comfort and convenience are supported by cooling with central air and natural gas forced-air heating, and the home includes a stacked washer/dryer setup and electric and gas dryer hookups. The exterior includes aluminum siding and a poured concrete foundation, plus a private yard secured with chain-link fencing and lighting, along with a workshop area.

The property is located at 984 Ridgeway Avenue in Falmouth, Kentucky (Pendleton County). The listing notes public sewer and water, and a lot size described as 148x34x123x140x65, with total parking for 16 vehicles.

The building is configured with both living and work-ready spaces, including a bedroom and office/study room, making it suitable for day-to-day operations with on-site living accommodations.

Key Highlights

  • Excellent location suitable for various business types.
  • 16 parking spaces available.
  • Includes an efficiency apartment with kitchenette.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Building Supply (Bike/Boat/Book/etc) Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 41040, KY

7,403
Population
3,385
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
80%
High-School Grad
149.4 sq mi
ZIP Area
50
Density / Sq Mi
$51,511
Median Household Income
$39,525
Median Earnings
$862
Median Rent
$142,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Live-work space - One-level live-work building with central air, natural gas forced air heat, and a private yard with chain-link fencing.
Where is this live-work space located?
The property is located at 984 Ridgeway Avenue Falmouth, KY.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Excellent location suitable for various business types.; 16 parking spaces available.; Includes an efficiency apartment with kitchenette.
More about this property
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