Signalized Intersection Mixed-Use
1696 Northgate Drive Richmond, KY 40475
1696 Northgate Drive, Richmond, KY, 40475
$2,500,000
For Sale
$2,500,000
COMMERCIAL - Richmond, KY
Property Size9,222 SF
Lot Size1.18 Acres
Price / SF$271.09
Days on Market47
Property Features for 1696 Northgate Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 50
- Security features
- Security System
- Standard status
- Active
- APN
- 054B-0004-0001
- Size
- 9,222 SF
- Lot size
- 1.18 Acres
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Electric, Ceiling Fan(s), Central Air
Building Details
- Year built
- 1989
- Floors in Building
- 1
- Building materials
- Block, Brick, Concrete
- Roof type
- Composition, Shingle
Listing Agency
Keller Williams Bluegrass Realty
(859) 260-1444
854 E High St., Lexington, KY
Listed by
Dirgh Joshi
(859) 229-2015
Added: Jun 1 Checked: Jul 17 at 11:06 pm
MLS# 26012595
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Investment Insights
Based on property information with market context.
This highly visible four-unit mixed-use commercial property is positioned at a signalized intersection and currently includes a gas station and convenience store, along with a health spa center that is under lease. The overall site is supported by additional parking, creating room for added revenue-generating uses. The property’s larger lot also supports future expansion and growth, with redevelopment options that may include a drive-through business, a restaurant, or other concepts suited to the site.
The property benefits from excellent visibility and strong traffic counts associated with the I-75 frontage at a signalized intersection. It is situated on a sizeable tract surrounded by motels and popular restaurant activity, which can support a variety of retail and service-oriented tenants and operators.
For investors and buyers, the current mix of income sources, including the leased health spa, provides a foundation for cash flow while still leaving flexibility for future additions. The on-site parking and redevelopment capacity may appeal to users considering charging-related uses, as well as truck stop or RV station concepts. The seller is also open to flexible deal options, making this a practical opportunity for those looking to hold, reposition, or expand within a high-visibility commercial location.
The property benefits from excellent visibility and strong traffic counts associated with the I-75 frontage at a signalized intersection. It is situated on a sizeable tract surrounded by motels and popular restaurant activity, which can support a variety of retail and service-oriented tenants and operators.
For investors and buyers, the current mix of income sources, including the leased health spa, provides a foundation for cash flow while still leaving flexibility for future additions. The on-site parking and redevelopment capacity may appeal to users considering charging-related uses, as well as truck stop or RV station concepts. The seller is also open to flexible deal options, making this a practical opportunity for those looking to hold, reposition, or expand within a high-visibility commercial location.
Key Highlights
- 4‑unit mixed‑use commercial property on I‑75 at a signalized intersection
- One unit is a health spa center currently under lease
- Construction materials include block, brick, and concrete; built in 1989
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shell
Atm
LibertyX Bitcoin ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Four-unit mixed-use commercial asset with gas station, convenience store, and leased health spa plus redevelopment and expansion potential.
Where is this gas station located?
The property is located at 1696 Northgate Drive Richmond, KY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 4‑unit mixed‑use commercial property on I‑75 at a signalized intersection; One unit is a health spa center currently under lease; Construction materials include block, brick, and concrete; built in 1989
