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Flex Space with Storefront
For Lease
$3,000/Mo

311 Steep Street, Richmond, KY 40475

A compact commercial unit pairs customer-facing space with substantial warehouse area.

Space SizeContact for details
Property Size4,455 SF
Days on Market1325

Property Features for 311 Steep Street

General Information

Standard status Active
Size 4,455 SF
Total Parking Spaces 10
Zoning B3

Building Details

Building Size 4,455 SF
Year Built 1962
Listing Agency: High Point Realty & Auction
Listed By: Kenneth DeGrant · License #244885
Source: Bluegrasspropertiesgroup
Added: Mar 23, 2023 Changed: Nov 4 Last Checked: Nov 6 at 12:52AM

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 High Point Realty & Auction

Rey
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Investment Insights

Based on property information with market context.

This 4,455-square-foot flex property combines storefront space with warehouse area. Built in 1962, the building is zoned B3 and is offered for lease.

The storefront-and-warehouse configuration brings both functions together in one commercial property.

Key Highlights

  • 4,455 square feet of flex space
  • Storefront area paired with warehouse space
  • B3 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Florist Catering Service (Bike/Boat/Book/etc) Store Daycare Center Nursing Home

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

Lease Details

NNN (Triple Net)
Lease Type
$1.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Lease Benchmarks for Richmond, KY

$9.27 /SF/Yr
Avg Asking Price
$8–$11 /SF/Yr
Price Range
22,021 SF
Avg Space Size

This space is priced 13% below the average of $9.27 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Fountain of Flavors Bartending — 239 W Main St, Richmond, KY 40475

Frequently Asked Questions

What type of property is this?
Flex space - A compact commercial unit pairs customer-facing space with substantial warehouse area.
Where is this flex space located?
The property is located at 311 Steep Street Richmond, KY.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 4,455 square feet of flex space; Storefront area paired with warehouse space; B3 zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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