Office Suite with Private
For Lease
$1,000/Mo
1232 Lancaster Avenue, Richmond, KY 40475
Commercial Lease, Richmond, KY
Space Size772 SF
Lot Size0.42 Acres
Days on Market393
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
Additional Details
Condition
Move-in Ready
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 available to reserve
on-site parking
internet access
Building Details
Floors in Building
2
Listing Agency:
Century 21 Pinnacle
(859) 623-1900
Listed By:
Monica Marcum
(859) 582-2136
Added: Oct 10, 2025
Changed: Nov 3
Last Checked: Nov 6 at 7:06AM
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 772 SF office suite is arranged with two private offices, a reception area, a full bath, storage, and kitchenette space. A separate conference room is available by reservation. The suite has a private entrance, internet access, and on-site parking.
The property offers connectivity to EKU and the Eastern By-Pass. Flexible lease terms are available.
The property offers connectivity to EKU and the Eastern By-Pass. Flexible lease terms are available.
Key Highlights
- 772 SF office suite with two private offices
- Reception area, full bath, storage, and kitchenette space
- Private entrance and on‑site parking
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
381
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Richmond, KY
$11.77 /SF/Yr
Avg Asking Price
$4.57–$16.12 /SF/Yr
Price Range
2,481 SF
Avg Space Size
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The layout includes reception space, a full bath, storage, and a kitchenette.
Where is this office unit 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; Reception area, full bath, storage, and kitchenette space; Private entrance and on‑site parking
