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Historic Two-Story Commercial Building
For Sale
$224,900

35 Public Square, Lancaster, KY 40444

COMMERCIAL - Lancaster, KY

Property Size4,968 SF
Lot Size0.08 Acres
Price / SF$45.27
Days on Market47

Property Features for 35 Public Square

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Formerly was a retail clothing store
Rooms Basement
Basement Unfinished, Crawl Space
Subdivision Downtown
Directions On the Square in Lancaster
Standard status Active
Size 4,968 SF
Lot size 0.08 Acres

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump, Central Air

Amenities

2 restrooms
dressing room
small office
central heat and air

Building Details

Floors in Building 2
Building materials Brick
Roof type Flat, Membrane
Listing Agency: Weichert Realtors Ford Brothers - Lancaster
Listed By: Cliff-Ed Irvin
Added: Jul 22 Changed: Aug 4 Last Checked: Sep 6 at 8:06AM
MLS# 26019440

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.

Located at 35 Public Square in Lancaster, KY, this historic two-story commercial building was formerly home to Napier Bros Clothing. The first floor offers nearly 2,500 square feet of open space along with two restrooms, a dressing room, and a small office. Central heat and air are already in place, and the interior reflects the craftsmanship of its era.

The second floor is unfinished and provides additional storage space. Public parking is available out front, making it convenient for customers and visitors.

Ready for a new owner for the first time in 40 years, this property is suited for a range of potential uses, including conversion to professional offices, retail, entertainment, or fitness-related operations.

Key Highlights

  • Historic 2‑story downtown building in Lancaster Public Square, formerly Napier Bros Clothing
  • Nearly 2,500 SF of open space on the first floor with central heat and air
  • First floor includes 2 restrooms, dressing room, and small office

Property Analytics

Current Use

Napier Brothers Clothing Clothing Store

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon HVAC Service Auto Parts Store Law Firm

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

316
Businesses Nearby

Demographics for 40444, KY

14,075
Population
6,096
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
159.5 sq mi
ZIP Area
88
Density / Sq Mi
$62,324
Median Household Income
$40,473
Median Earnings
$785
Median Rent
$194,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-story downtown building with first-floor open space, restrooms, and HVAC, plus an unfinished second floor for storage.
Where is this retail space located?
The property is located at 35 Public Square Lancaster, KY.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Historic 2‑story downtown building in Lancaster Public Square, formerly Napier Bros Clothing; Nearly 2,500 SF of open space on the first floor with central heat and air; First floor includes 2 restrooms, dressing room, and small office
More about this property
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