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Steel Mixed-Use Property with Shop
For Sale
$549,900

40 N Ridge Road, Lancaster, KY 40444

Commercial Sale, Lancaster, KY

Property Size1,802 SF
Lot Size4.38 Acres
Price / SF$305.16
Days on Market143

Property Features for 40 N Ridge Road

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Northridge
Directions US 27 to KY 152W, follow approximately six miles to N Ridge Road, property is on the corner of N Ridge and 152W.
Standard status Active
APN 04-02.06 -05-06
Size 1,802 SF
Lot size 4.38 Acres

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating)
Cooling system Heat Pump

Amenities

shop
RV pad
covered porches

Building Details

Year built 2022
Roof type Metal
Listing Agency: The Brokerage
Listed By: Paige M Wilson · License #220004
Added: May 7 Changed: Sep 12 Last Checked: Sep 26 at 2:06PM
MLS# 26010173

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 1,802-square-foot, three-bedroom, two-bath steel residence with a 1,500-square-foot steel shop on a 4.383-acre tract. The home, built in 2022, features an open layout, all-electric systems, heat-pump heating and cooling, insulated 12-inch steel walls, smart-home wiring, quartz counters, marble tile backsplashes, premium cabinetry, and covered front and rear porches. The property is served by a septic tank and has a metal roof.

The heated and cooled shop includes 16-foot walls, two oversized 14' x 14' screened doors, a half bath, epoxy-coated reinforced concrete flooring, approximately 24,000 cubic feet of space, and capacity for a second story. Separate 400-amp services serve the home and shop. An RV pad is located beside the shop, and two additional lots are included. Commercial zoning supports the stated business, storage, workshop, rental, and live-work possibilities. The property is at 40 N Ridge Road in Lancaster, approximately five minutes from Sunset Marina on Herrington Lake.

Key Highlights

  • 4.383 acres with a 1,802‑square‑foot residence and two additional included lots
  • 1,500‑square‑foot heated and cooled steel shop with 16‑foot walls
  • Two oversized 14' x 14' shop doors with screens on either end

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick HVAC Service Garden Center Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Restaurant

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

Yes
Heavy power
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned live-work property combining a custom residence, climate-controlled shop, and additional lots near Herrington Lake.
Where is this mixed-use property located?
The property is located at 40 N Ridge Road Lancaster, KY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 4.383 acres with a 1,802‑square‑foot residence and two additional included lots; 1,500‑square‑foot heated and cooled steel shop with 16‑foot walls; Two oversized 14' x 14' shop doors with screens on either end
More about this property
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