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Fenced Storage Warehouse
For Sale
$59,900

508 N 3rd Street, Richmond, KY 40475

Commercial Sale, Richmond, KY

Property Size1,000 SF
Lot Size0.12 Acres
Price / SF$59.90
Days on Market67

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: Sep 12 Last Checked: Sep 17 at 1:06PM
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 fully enclosed with fencing and includes a gate, while the building is conveyed primarily for storage use.

The property is located at 508 N 3rd Street in Richmond, Kentucky 40475. Electric and water services are not active, and the property is offered in its present as-is condition.

Key Highlights

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

Property Analytics

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

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 with gated access and a fully enclosed lot.
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 lot with gated access
More about this property
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