Mixed-Use Property with
For Sale
$579,000
Pending
204-206 S 3rd Street, Richmond, KY 40475
Commercial Sale, Richmond, KY
Property Size9,763 SF
Lot Size0.19 Acres
Days on Market219
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: Sep 7
Last Checked: Sep 26 at 9:06AM
MLS# 26002971
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 9,763-square-foot mixed-use property, built in 1980, combines street-level commercial space with five upper-level apartment units. Two commercial suites are occupied, including an established bar and a retail tenant. The residential component offers additional space for renovation and future lease-up, subject to applicable approvals and execution.
Located at 204-206 S 3rd Street in Downtown Richmond, the property sits along the South 3rd Street corridor with storefront exposure and pedestrian activity. The address is near Eastern Kentucky University, downtown dining, retail, and entertainment destinations. The 0.19-acre site provides a compact urban setting for commercial and residential uses in a walkable downtown environment.
Located at 204-206 S 3rd Street in Downtown Richmond, the property sits along the South 3rd Street corridor with storefront exposure and pedestrian activity. The address is near Eastern Kentucky University, downtown dining, retail, and entertainment destinations. The 0.19-acre site provides a compact urban setting for commercial and residential uses in a walkable downtown environment.
Key Highlights
- 9,763 square feet on a 0.19‑acre site
- Two occupied street‑level commercial suites
- Commercial tenancy includes an established bar and retail tenant
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
845
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two occupied street-level suites support bar and retail tenancy within a downtown commercial building.
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 feet on a 0.19‑acre site; Two occupied street‑level commercial suites; Commercial tenancy includes an established bar and retail tenant
