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Retail Space in Richmond, KY
For Lease
$1,500/Mo

309 Steep Street, Richmond, KY 40475

COMMERCIAL - Richmond, KY

Space SizeContact for details
Lot Size0.20 Acres
Days on Market292

Property Features for 309 Steep Street

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Downtown
Directions Turn on to on east main st and turn onto Steep st and property is on the right
Standard status Active
APN R011-0003-0003
Size 1,950 SF
Lot size 0.20 Acres

Building Details

Year built 1985
Listing Agency: High Point Realty & Auction
Listed By: Kenneth Degrant · License #244885
Added: Oct 29, 2025 Changed: Aug 4 Last Checked: Aug 16 at 6:06AM
MLS# 25504934

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 retail property, located in Richmond, Kentucky, offers 1950 square feet of space. The lot size is approximately 0.2 acres. It is located in Madison County.

Key Highlights

  • Built in 1985
  • Location coordinates: [-84.28218, 37.7396]

Property Analytics

Current Use

HD Interiors Construction Company

Suggested Use

Top Pick Parking Lot & Garage Florist Real Estate Agency Catering Service (Bike/Boat/Book/etc) Store Daycare Center

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

NNN (Triple Net)
Lease Type
$1.38 /SF/Yr
CAM

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

Market

Lease Benchmarks for Richmond, KY

$10.54 /SF/Yr
Avg Asking Price
$6.91–$13.2 /SF/Yr
Price Range
28,170 SF
Avg Space Size

This space is priced 12% below the average of $10.54 /SF/Yr.

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?
Retail space - Retail property available for lease in Richmond, Kentucky.
Where is this retail space located?
The property is located at 309 Steep Street Richmond, KY.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Built in 1985; Location coordinates: [-84.28218, 37.7396]
More about this property
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