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Mixed-Use Property with Apartment
For Sale
$450,000
Pending

301 Steep Street, Richmond, KY 40475

Commercial Sale, Richmond, KY

Property Size4,406 SF
Lot Size0.47 Acres
Days on Market420

Property Features for 301 Steep Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-3
Parking 35
Subdivision Downtown
Directions From Big Hill Ave, turn onto Steep Street. Building is on the right.
Standard status Pending
APN R011-0003-0001
Size 4,406 SF
Lot size 0.47 Acres

Utilities

Sewer type Public Sewer

Building Details

Year built 1996
Floors in Building 2
Building materials Block, Brick, Vinyl Siding
Roof type Shingle
Listing Agency: Century 21 Pinnacle
Listed By: Bill Adams
Added: Aug 13, 2025 Changed: Sep 12 Last Checked: Oct 6 at 10:06PM
MLS# 25017945

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 mixed-use property combines a 3,036-square-foot main building with additional improvements suited to a range of commercial applications. The primary space can accommodate retail, office, showroom, service, or other mixed-use operations. A one-bedroom apartment occupies the rear portion, alongside a two-car garage.

The property is currently vacant and located within Richmond city limits, with access to shopping, dining, and major roadways. Public sewer service is in place, and the improvements were constructed in 1996. The overall property contains 4,406 square feet on 0.47 acres, with three possible rental opportunities identified in the existing configuration.

Key Highlights

  • 3,036 SF main building with flexible commercial layout
  • Rear one‑bedroom apartment
  • Two‑car garage

Property Analytics

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Current Use

Freedom Full Gospel ... Church Premium Pets & Exotics ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Florist Catering Service (Bike/Boat/Book/etc) Store Daycare Center Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby
90k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Dining 20% Home Improvements & Furnishings 10% Electronics 2%
Dollar Tree Shops & Services
28,526 visits/mo 0.5 miles
Five Below Shops & Services
21,031 visits/mo 0.5 miles
SONIC Drive In Dining
14,917 visits/mo 0.3 miles
Harbor Freight Tools Home Improvements & Furnishings
8,035 visits/mo 0.5 miles
AutoZone Shops & Services
4,971 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Vacant commercial property with a rear apartment, garage, and flexible space for retail, office, showroom, or service use.
Where is this mixed-use property located?
The property is located at 301 Steep Street Richmond, KY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,036 SF main building with flexible commercial layout; Rear one‑bedroom apartment; Two‑car garage
More about this property
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