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Richmond, KY Office Buildings for Sale

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Mixed-Use Live-Work Property
Updated: Mar 24
Mixed-Use Live-Work Property

1305 Lancaster Road, Richmond, KY 40475

$440,000
5,571 sqft 0.88 AC lot
Mixed‑use layout with main‑level commercial office space and an upstairs 3‑bedroom, 2‑bath residential apartment
Upstairs apartment has its own entrance, offering options for owner‑occupant use or rental income
Basement includes a partially unfinished apartment currently used for storage, with potential for conversion to additional living or business space
Year built: 1983; heating is electric and cooling includes window units (upstairs needs a new HVAC unit)
Parking: open parking; includes a huge 3‑car garage plus a large room above the garage that needs finishing
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Renovated Office/Retail Historic Home
Updated: Mar 6
Renovated Office/Retail Historic Home

1419 Lexington Road, Richmond, KY 40475

$795,000
4,256 sqft 0.28 AC lot
Highly visible location with B‑3 zoning ideal for professional office or boutique retail.
Renovated in 2016 with new parking lot, roof, paint, and interior improvements.
4,256 SF on a .28 acre site with 8+ private office spaces, finished basement, and full kitchen.**
Easy access to I‑75, Downtown Richmond, and EKU Campus.
Former residence with historic charm, updated for commercial use.
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NNN Property
NNN Property

108 Forbes Ct, Richmond, KY 40475

Contact for pricing
6,720 sqft

Commercial property with an existing NNN lease structure and office-related use classification.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Office Building with Income Potential
Office Building with Income Potential

1018 Ival James Blvd, Richmond, KY 40475

Contact for pricing
9,026 sqft

Office building offered for sale with a stated 8.00% cap rate and 9,026 SF total area.

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Professional Office Building
Professional Office Building

309-311 Spangler Drive, Richmond, KY 40475

Contact for pricing
25,375 sqft

Flexible office layouts include private restrooms, break rooms, conference space, and secured overflow parking.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Office Building
Office Building

1320 Fulton Road, Winchester, KY 40391

$450,000
2,530 sqft 0.22 AC lot

B-3-zoned office property with heat-pump heating and cooling in Winchester.

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Two-Story Office Building with Apartments
Two-Story Office Building with Apartments

218 S Maple Street, Winchester, KY 40391

$699,000
6,110 sqft 0.70 AC lot

Main-floor office space with two upstairs apartments, plus an unfinished basement, detached 3-bay garage, and parking for 25+ vehicles.

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Office Conversion Data Center Opportunity
Office Conversion Data Center Opportunity

101 Yorkshire Blvd., Lexington, KY 40509

Contact for pricing
180,866 sqft 15.20 AC lot

180,866 SF Class A building suitable for data center.

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Office Building with Creek Views
Office Building with Creek Views

4071 Tates Creek Centre Dr, Lexington, KY 40517

Contact for pricing
30,359 sqft 2.19 AC lot

Three-story property features renovated common areas, creek views, and access to reciprocal parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Platted B-3 Development Land
Platted B-3 Development Land

999 Dr Robert R Martin Bypass, Richmond, KY 40475

$3,200,000
16.00 AC lot

Zoned B-3 commercial development land with existing preliminary plat history along Robert Martin Bypass in Madison County.

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Commercial Land in Berea, KY
Commercial Land in Berea, KY

212 Pauline Drive, Berea, KY 40403

$279,000
1.20 AC lot

1.2 acres of prime commercial land in Berea, Kentucky.

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Prime Commercial Land in Berea
Prime Commercial Land in Berea

519 Walnut Meadow Road, Berea, KY 40403

$995,000
4.56 AC lot

4.56 acres of commercial land with high visibility and accessibility.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

Lilly Drive, Stanford, KY 40484

$750,000
2,500 sqft 3.56 AC lot

Flat commercial parcel within Stanford city limits with direct access along a major US highway.

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Off-Market Properties in Richmond, KY

Consider similar Off-Market properties in Richmond, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1018 Ival James Blvd
OFFICE BUILDING

1018 Ival James Blvd, Richmond, KY 40475-8280

$905,000
Estimated value
9,827 sqft 1.00 AC lot
View details
920 Barnes Ml Rd
OFFICE BUILDING

920 Barnes Ml Rd, Richmond, KY 40475-3539

$1,180,000
Estimated value
11,831 sqft 0.80 AC lot
View details
238 Geri Ln
OFFICE BUILDING (MULTI-STORY)

238 Geri Ln, Richmond, KY 40475-2304

$770,000
Estimated value
8,008 sqft
View details
213 Saint George St
OFFICE BUILDING

213 Saint George St, Richmond, KY 40475-2323

$300,000
Estimated value
2,016 sqft
View details
116 Meadowbrook Rd
OFFICE BUILDING

116 Meadowbrook Rd, Richmond, KY 40475-9523

$910,000
Estimated value
View details
5013 Atwood Dr
OFFICE BUILDING

5013 Atwood Dr, Richmond, KY 40475-8898

$130,000
Estimated value
1,023 sqft
View details
130 Killarney Ln
OFFICE BUILDING (MULTI-STORY)

130 Killarney Ln, Richmond, KY 40475-2310

$310,000
Estimated value
2,944 sqft 0.15 AC lot
View details
138 Keeneland Dr
OFFICE BUILDING

138 Keeneland Dr, Richmond, KY 40475-7951

$175,000
Estimated value
9,000 sqft
View details
107 Killarney Ln
OFFICE BUILDING (MULTI-STORY)

107 Killarney Ln, Richmond, KY 40475-3525

$590,000
Estimated value
5,200 sqft
View details
116 Bayview Dr
OFFICE BUILDING

116 Bayview Dr, Richmond, KY 40475-7511

$840,000
Estimated value
8,004 sqft 0.98 AC lot
View details
2003 Merchant Dr, Unit 2011
OFFICE BUILDING

2003 Merchant Dr, Richmond, KY 40475-8167

Unit 2011
$1,090,000
Estimated value
12,652 sqft 1.62 AC lot
View details
311 Spangler Dr
OFFICE BUILDING (MULTI-STORY)

311 Spangler Dr, Richmond, KY 40475-2458

$2,345,000
Estimated value
16,166 sqft 1.73 AC lot
View details
513 Hampton Way
OFFICE BUILDING

513 Hampton Way, Richmond, KY 40475-8680

$1,195,000
Estimated value
13,428 sqft 1.03 AC lot
View details
161 Keeneland Dr
OFFICE BUILDING

161 Keeneland Dr, Richmond, KY 40475-8687

$230,000
Estimated value
2,520 sqft
View details
312 Jason Dr Ste 9a
PROFESSIONAL BUILDING

312 Jason Dr Ste 9a, Richmond, KY 40475-2785

$140,000
Estimated value
2,447 sqft 0.76 AC lot
View details
2019 Catalpa Loop
PROFESSIONAL BUILDING

2019 Catalpa Loop, Richmond, KY 40475-9001

$155,000
Estimated value
2,280 sqft 0.32 AC lot
View details
201 Geri Ln
OFFICE BUILDING (MULTI-STORY)

201 Geri Ln, Richmond, KY 40475-2303

Value Estimation by Request
View details
2013 Merchant Dr
OFFICE BUILDING

2013 Merchant Dr, Richmond, KY 40475-6855

$1,135,000
Estimated value
11,782 sqft 1.09 AC lot
View details
523 Leighway Dr
OFFICE BUILDING

523 Leighway Dr, Richmond, KY 40475-2311

$80,000
Estimated value
1,500 sqft
View details

Richmond, KY Office Buildings Market Trends and Statistics

Explore 72 office buildings for sale in Richmond, KY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 50,948 square feet of properties for sale, with an estimated market value of $1,235,000.

Sale prices for office properties in Richmond, KY start at $440,000, averaging $617,500, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 20
Office buildings 11
Medical Office Space 5

Demographics Overview

Population 65K
Population Growth (5Y) +5.8%
Median Household Income $62,731
College Educated 26.2%

High-Yield Neighborhoods for Investment

Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40475 $411.7K

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $5.99 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Madison County

Residential Income

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