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Fenced Warehouse with Gated Access
For Sale
$59,900

508 N 3rd Street, Richmond, KY 40475

COMMERCIAL - Richmond, KY

Property Size1,000 SF
Lot Size0.12 Acres
Price / SF$59.90
Days on Market48

Property Features for 508 N 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description I1
Subdivision Downtown
Directions Merge onto N 3rd St area as you approach downtown from the Robert R Martin Bypass. Continue north into downtown Richmond. Property will be on your right side.
Standard status Active
APN R007-0015-0004
Size 1,000 SF
Lot size 0.12 Acres
Listing Agency: RE/MAX Elite Realty
Listed By: Paula Landsaw
Added: Jul 13 Changed: Aug 14 Last Checked: Aug 29 at 6:06PM
MLS# 26018049

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 warehouse property includes a 1,000-square-foot block structure positioned on a 0.12-acre parcel. The site is enclosed by fencing and accessed through a gate, providing defined boundaries for the property. Existing improvements are centered on the storage building, which is being conveyed in its current condition.

The structure does not have active electric or water service. The property is offered as-is and is located at 508 N 3rd Street in Richmond, Kentucky, within Madison County and ZIP Code 40475.

Key Highlights

  • 1,000‑square‑foot block storage building
  • 0.12‑acre parcel
  • Fully fenced site with gated access

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store

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
Fenced yard

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby
Balanced
Demand for This Use

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

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Red Dot Storage 455 E Main St, Richmond, KY 40475
  • Fort Knox Mini Self Storage 251 Four Mile Ave, Richmond, KY 40475
  • Richmond’s Fort Knox Mini Self 727 N 3rd St, Richmond, KY 40475

Frequently Asked Questions

What type of property is this?
Warehouse - Block storage building on a controlled-access site with perimeter fencing and existing improvements.
Where is this warehouse located?
The property is located at 508 N 3rd Street Richmond, KY.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 1,000‑square‑foot block storage building; 0.12‑acre parcel; Fully fenced site with gated access
More about this property
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