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Mixed-Use Property With Rental Space
New
For Sale
$299,000

721 River Drive, Irvine, KY 40336

COMMERCIAL - Irvine, KY

Property Size7,232 SF
Lot Size0.20 Acres
Price / SF$41.34
Days on Market5

Property Features for 721 River Drive

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Commercial
Directions 725 River Dr, Irvine, KY 40336
Standard status Active
APN 071-40-10-015.00
Size 7,232 SF
Lot size 0.20 Acres
Listing Agency: Joyce Marcum Realty
Listed By: James Woolery · License #196828
Added: Aug 11 Changed: Aug 14 Last Checked: Aug 15 at 8:06AM
MLS# 26021862

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 contains approximately 7,232 square feet across showroom, office, workshop, and living areas. The improvements include a large apartment and a separate freestanding building that is currently rented, along with additional space suitable for commercial occupancy or other uses supported by the existing layout. The property currently generates rental income and combines business, residential, and leasing components within one asset.

Set on 0.2 acres at 721 River Drive in Irvine, the property fronts KY Highway 52 and has exposure to both the highway and railroad. It is located near the Kentucky Steam Heritage Corporation development, which includes scenic train excursions, concerts, special events, and tourism activity.

Key Highlights

  • Approximately 7,232 square feet of showroom, office, workshop, and living space
  • Large apartment plus a rented freestanding building
  • Currently generating rental income

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Plumbing Service Nail Salon (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 40336, KY

12,566
Population
6,030
Households
2.1
Avg Household Size
44
Median Age
10%
College-Educated
78%
High-School Grad
209.6 sq mi
ZIP Area
60
Density / Sq Mi
$45,060
Median Household Income
$31,618
Median Earnings
$672
Median Rent
$114,500
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?
Mixed-use property - Showroom, office, workshop, and living areas support a range of commercial and rental configurations.
Where is this mixed-use property located?
The property is located at 721 River Drive Irvine, KY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Approximately 7,232 square feet of showroom, office, workshop, and living space; Large apartment plus a rented freestanding building; Currently generating rental income
More about this property
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