Mixed-Use Property With
For Sale
$579,000
Pending
204-206 S 3rd Street, Richmond, KY 40475
COMMERCIAL - Richmond, KY
Property Size9,763 SF
Lot Size0.19 Acres
Days on Market171
Property Features for 204-206 S 3rd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial, Retail, Multi-family, bar
Subdivision
Commercial
Directions
From Eastern Kentucky University Head toward McGregor Alley Turn left onto S Wellington Ct Turn right onto S 3rd St Destination will be on the right 413 ft 204 S 3rd St
Standard status
Pending
APN
r008-0009-0008 r008-0009-0007
Size
9,763 SF
Lot size
0.19 Acres
Building Details
Year built
1980
Floors in Building
2
Listing Agency:
Epique Realty
(502) 552-8001
Listed By:
Julie G Thompson
(859) 227-8509
Added: Feb 19
Changed: Aug 4
Last Checked: Aug 9 at 8:06AM
MLS# 26002971
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Investment Insights
Based on property information with market context.
This mixed-use property contains 9,763 square feet across commercial and residential components. Two occupied street-level suites include bar and retail tenancy, while five apartments occupy the upper level. The residential portion offers an opportunity for renovation and future lease-up, subject to applicable approvals and market conditions.
Built in 1980, the property occupies 0.19 acres at 204-206 S 3rd Street in Richmond, Kentucky. Its setting along the South 3rd Street corridor places the asset within Downtown Richmond, near Eastern Kentucky University, dining, retail, and entertainment destinations. The combination of existing commercial occupancy and upper-level apartment space provides a mixed-use configuration with separate commercial and residential components.
Built in 1980, the property occupies 0.19 acres at 204-206 S 3rd Street in Richmond, Kentucky. Its setting along the South 3rd Street corridor places the asset within Downtown Richmond, near Eastern Kentucky University, dining, retail, and entertainment destinations. The combination of existing commercial occupancy and upper-level apartment space provides a mixed-use configuration with separate commercial and residential components.
Key Highlights
- 9,763‑square‑foot mixed‑use property on 0.19 acres
- Two occupied street‑level commercial suites
- Commercial tenancy includes an established bar and retail tenant
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two occupied ground-floor suites complement five upper-level apartments in a downtown commercial and residential asset.
Where is this mixed-use property located?
The property is located at 204-206 S 3rd Street Richmond, KY.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 9,763‑square‑foot mixed‑use property on 0.19 acres; Two occupied street‑level commercial suites; Commercial tenancy includes an established bar and retail tenant
