Medical Premises

Richmond, KY Medical Office Space for Sale

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Williamstown, KY Cynthiana, KY Grayson, KY Nicholasville, KY Berea, KY Lexington, KY Waco, KY Lancaster, KY
Mixed-Use Property with Apartment
Updated: May 8
Mixed-Use Property with Apartment

1305 Lancaster Rd, Richmond, KY 40475

$440,000
5,571 sqft
5,571 SF mixed‑use property with commercial office space and residential components
Three‑bedroom, two‑bath upstairs apartment with a private entrance
Partially unfinished basement apartment currently used for storage
Three‑car garage with an unfinished room above
Backs up to the new Model school under construction and is near EKU campus
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Office Condo with Private Offices
Updated: Aug 26
Office Condo with Private Offices

2003 Corporate Drive, Richmond, KY 40475

Contact for pricing
1,700 sqft
1,700 SF office condo suite in a circa 2004 building
B‑3 zoning
Multiple private offices plus open workspace
Large kitchen within the suite
Near Kroger and high‑traffic retail
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Renovated Medical Office with Exam Rooms
Renovated Medical Office with Exam Rooms

308 W Lexington Avenue, Winchester, KY 40391

$799,000
3,570 sqft 0.57 AC lot

Configured with a reception area, exam rooms, support spaces, and two additional suites.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

218 S Maple Street, Winchester, KY 40391

$699,000
6,110 sqft 0.70 AC lot

Office, apartment, basement, garage, and parking components support multiple commercial and residential functions.

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Three-Suite Medical Office Condo
Three-Suite Medical Office Condo

3229 Summit Square Place, Lexington, KY 40509

$1,140,000

The ground-level layout accommodates medical, professional office, and service-oriented uses.

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Class B Office Building
Class B Office Building

151 N Eagle Creek Drive, Lexington, KY 40509

Contact for pricing

Class B office building with abundant parking in Lexington, KY.

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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.

115 Keeneland Dr
MEDICAL BUILDING

115 Keeneland Dr, Richmond, KY 40475-8687

Estimated value:
$820,000
2,904 sqft 2.06 AC lot
View details
351 Radio Park Dr
MEDICAL BUILDING

351 Radio Park Dr, Richmond, KY 40475-2454

Estimated value:
$1,700,000
10,132 sqft
View details
311 Radio Park Dr
MEDICAL BUILDING

311 Radio Park Dr, Richmond, KY 40475-2399

Estimated value:
$1,700,000
8,734 sqft
View details
1110 Lancaster Rd
MEDICAL BUILDING

1110 Lancaster Rd, Richmond, KY 40475-6530

Estimated value:
$1,585,000
9,850 sqft
View details
1505 Lexington Rd
MEDICAL BUILDING

1505 Lexington Rd, Richmond, KY 40475-1060

Estimated value:
$260,000
2,070 sqft
View details
1036 Ctr Dr
MEDICAL BUILDING

1036 Ctr Dr, Richmond, KY 40475-3852

Estimated value: by Request
13,632 sqft 2.08 AC lot
View details
118 Meridian Way
Medical Office Space

118 Meridian Way, Richmond, KY 40475

Estimated value: by Request
6,000 sqft
View details

Richmond, KY Medical Office Space Market Trends and Statistics

Explore 10 medical office space for sale in Richmond, KY on our real estate platform. These investment opportunities span a total of 7,271 square feet of properties for sale, with an estimated market value of $440,000.

Sale prices for medical spaces in Richmond, KY average $440,000 — 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 8
Office buildings 5
Medical Office Space 2

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 $293.3K

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)

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