Office Building with Reuse
New
For Sale
$329,000
116 N 3rd Street, Richmond, KY 40475
B-2 zoning supports consideration of office, boutique retail, or apartment use.
Property Size3,300 SF
Price / SF$99.70
Days on Market1
Property Features for 116 N 3rd Street
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Office
Zoning
B-2
Listing Agency:
SVN Stone Commercial Real Estate
Listed By:
Neal Metcalfe · License #217705
(859) 312-8069
Source:
Svnstone
Added: Oct 19
Last Checked: Oct 19 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Stone Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 3,300-square-foot Richmond property has undergone demolition, with new windows, fresh paint, and exterior concrete work completed. The building previously contained four apartments and is presented for consideration as office space, boutique retail, or apartments. Its zoning is B-2.
The property is downtown, one block from Main Street and three blocks from the EKU campus. Coffee and retail shops, City Hall, county offices, and other businesses are nearby. Parking is surface metered.
The property is downtown, one block from Main Street and three blocks from the EKU campus. Coffee and retail shops, City Hall, county offices, and other businesses are nearby. Parking is surface metered.
Key Highlights
- 3,300 SF building previously configured as four apartments
- Demolition completed; new windows, paint, and exterior concrete work are in place
- B‑2 zoning; office, boutique retail, and apartment uses are identified
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
845
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - B-2 zoning supports consideration of office, boutique retail, or apartment use.
Where is this office building located?
The property is located at 116 N 3rd Street Richmond, KY.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 3,300 SF building previously configured as four apartments; Demolition completed; new windows, paint, and exterior concrete work are in place; B‑2 zoning; office, boutique retail, and apartment uses are identified
