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    Versatile Mixed-Use Property, Richmond, KY Title is generated by Realmo AI

    1305 Lancaster Road, Richmond, KY 40475

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    Claim this Listing
    For Sale
    $475,000

    COMMERCIAL - Richmond, KY

    Property size:
    5,571 SF
    Lot size:
    0.88 Acres
    Price / SF:
    $85/SF
    Added:
    Mar 24, 2026
    Days on Market:
    52
    Last Refresh:
    May 14 at 6:06 am

    Property Features for 1305 Lancaster Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking
    10
    Parking features
    Open
    Basement
    Walk-Out Access, Partially Finished
    Standard status
    Active
    APN
    0056-0000-0026-B
    Size
    5,571 SF
    Lot size
    0.88 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating)
    Cooling system
    Window Unit(s), Multi Units

    Building Details

    Year built
    1983
    Floors in Building
    3

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    Listing Contact
    Jon Lucas

    Listing agent Jon Lucas

    Listing office CENTURY 21 Advantage Realty 139 N Keeneland Dr, Danville, KY

    Listing date Mar 24, 2026

    MLS# 26008401

    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.

    HighLights

    • Versatile mixed‑use property suitable for business and residential living.
    • Prime location with excellent visibility and accessibility, backing up to the new Model school and close to EKU campus.
    • Private 3‑bedroom, 2‑bath residential apartment with separate entrance, ideal for owner‑occupancy or rental income.
    • Basement with potential for renovation into another apartment or business space.
    • Large 3‑car garage with unfinished room above, offering additional space.
    • Commercial office space suitable for professional services, retail, or small business.

    Overview

    This mixed-use property is designed for business and residential living. The main level features commercial office space with visibility and accessibility, suitable for professional services, retail, or a small business. It is located near the new Model school and close to the EKU campus. Upstairs, a private residential apartment offers comfortable living with 3 bedrooms and 2 baths, including its own entrance. This is suitable for an owner-occupant, rental income, or live-work flexibility. The first floor was previously used as a dental practice. The basement has a partially unfinished apartment currently used for storage, which could be renovated into another large apartment or business space. The upstairs apartment uses window AC units and needs a new HVAC unit. The property includes a 3-car garage and a large possible room above the garage that needs to be finished. The lot size is 0.88 acres, and the property size is 5571 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Great Grins Dentistry Dental Office Susan Vanstone Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.309644
    Latitude
    37.727085

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential apartment.
    Where is this mixed-use property located?
    The property is located at 1305 Lancaster Road Richmond, KY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Versatile mixed‑use property suitable for business and residential living.; Prime location with excellent visibility and accessibility, backing up to the new Model school and close to EKU campus.; **Private 3‑bedroom, 2‑bath residential apartment with separate entrance, ideal for owner‑occupancy or rental income.**
    More about this property
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