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Three-Bay Auto Shop
New
For Sale
$585,000

1603 E Main St, Richmond, KY 40475

Includes a separate mobile office, substantial parking, and additional land behind the primary improvements.

Property Size1,629 SF
Lot Size1.15 Acres
Price / SF$359.12
Days on Market7

Property Features for 1603 E Main St

General Information

Standard status Active
Size 1,629 SF
Lot size 1.15 Acres

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Service Bays 3

Amenities

front office/reception area
exterior restroom entrances
mobile office building
break area

Building Details

Year Built 9999
Buildings 2
Listing Agency: Keller Williams Legacy Group
Listed By: Tina Witt · License #243410
Source: Sellkentucky
Added: Aug 23 Changed: Aug 28 Last Checked: Aug 28 at 3:07PM

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 Keller Williams Legacy Group

Investment Insights

Based on property information with market context.

This auto shop property at 1603 E Main St includes a main building with a front office and reception area connected to a three-bay garage. Men’s and women’s restrooms have separate exterior entrances. A second structure, measuring 12' x 33', adds a mobile office with workspace and a break area.

The property encompasses approximately (+/- 1.15) acres in total. The two buildings occupy approximately (+/- 0.71) acres, while an additional approximately (+/- 0.44) acre lot behind them is included. A large parking area and road frontage support the property’s prior use as a used car lot and its original gas station operation. The site is near downtown Richmond, the Robert R. Martin Bypass, US-25, US-52, and Eastern Kentucky University.

Key Highlights

  • Three‑bay garage with front office and reception area
  • Approximately (+/- 1.15) acres total
  • Separate 12' x 33' mobile office with break area

Property Analytics

Current Use

East Main Auto ... Car Dealership

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Florist Travel Agency

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

3
Service bays
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby
88k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 38% Groceries 5% Apparel 4%
Zaxby's Chicken Fingers & Buffalo Wings Dining
19,069 visits/mo 0.5 miles
Dollar Tree Shops & Services
18,515 visits/mo 0.4 miles
SONIC Drive In Dining
14,917 visits/mo 0.4 miles
Dunkin' Donuts Dining
10,831 visits/mo 0.4 miles
AutoZone Shops & Services
4,971 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Includes a separate mobile office, substantial parking, and additional land behind the primary improvements.
Where is this auto shop located?
The property is located at 1603 E Main St Richmond, KY.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Three‑bay garage with front office and reception area; Approximately (+/- 1.15) acres total; Separate 12' x 33' mobile office with break area
More about this property
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