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4-Unit Mixed-Use Commercial Property
For Sale
$2,500,000

1696 Northgate Drive, Richmond, KY 40475

COMMERCIAL - Richmond, KY

Property Size9,222 SF
Lot Size1.18 Acres
Price / SF$271.09
Days on Market93

Property Features for 1696 Northgate Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-3
Parking 50
Security features Security System
Subdivision Northgate
Directions take exit 90A for US-25 S/US-421S toward Richmond / Irvine then turn right onto Lexington Road and turn left onto Northgate Dr.
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 Electric (Heating), Forced Air
Cooling system Ceiling Fan(s), Central Air, Electric

Building Details

Year built 1989
Floors in Building 1
Building materials Block, Brick, Concrete
Roof type Shingle, Composition
Listing Agency: Keller Williams Bluegrass Realty · Keller Williams Realty
Listed By: Dirgh Joshi
Added: Jun 1 Changed: Aug 4 Last Checked: Sep 1 at 5:06AM
MLS# 26012595

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.

Investment Insights

Based on property information with market context.

This 4-unit mixed-use commercial property contains a gas station, convenience store, and health spa, with the health spa currently under lease. The building provides 9,222 square feet on a 1.18-acre lot and was constructed in 1989. Block, brick, and concrete construction is complemented by electric forced-air heating, central air, ceiling fans, a shingle and composition roof, cable availability, and public sewer.

The property is positioned at a signalized intersection along I-75 in Richmond, Kentucky. Its setting includes nearby motels and restaurants, providing an established commercial environment. The larger parcel offers on-site land associated with the existing commercial improvements.

Key Highlights

  • 4‑unit mixed‑use property with a gas station, convenience store, and health spa
  • 9,222‑square‑foot commercial building on 1.18 acres
  • Health spa currently under lease

Property Analytics

Current Use

Shell Atm LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Building Supply Hair Salon Electrical Service Pharmacy

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
110k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 16% Hotels & Casinos 2%
McDonald's Dining
27,520 visits/mo 0.4 miles
Cracker Barrel Old Country Store Dining
22,141 visits/mo 0.1 miles
Wendy's Dining
17,347 visits/mo 0.4 miles
Hardee's Dining
10,160 visits/mo 0.3 miles
Shell Shops & Services
8,740 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a gas station, convenience store, and health spa within a multi-tenant commercial layout.
Where is this mixed-use property 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 property with a gas station, convenience store, and health spa; 9,222‑square‑foot commercial building on 1.18 acres; Health spa currently under lease
More about this property
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