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    Lancaster, KY Mixed-use Properties for Sale

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    Stanford, KY Danville, KY Paint Lick, KY
    Barndominium and Shop on Acres
    $560,000
    1,802 SF
    Barndominium and Shop on Acres

    40 N Ridge Road, Lancaster, KY 40444

    Custom barndominium and shop on 4.38 acres near Herrington Lake.
    • Rare barndominium and shop on 4.38 acres, less than 5 minutes from Sunset Marina on Herrington Lake.
    • Impressive 1500 sqft heated & cooled shop with 16ft walls, two 14' x 14' doors, half bath, and 6' reinforced concrete floor with epoxy coating; potential for second story.
    • Income‑producing potential due to commercial zoning and proximity to Herrington Lake.
    • High‑end finishes and smart home features: premium lifetime warranty cabinetry, quartz countertops, marble tile backsplashes, induction stove with air fryer, smart lighting, motorized blinds, and Cat 6 wiring.
    • Durable and efficient construction: solid steel structures, 12‑inch steel walls with full insulation, metal roof, and 400 amp service to both the home and shop.
    Updated: May 7
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    Lancaster Mixed-Use Investment Property
    $489,999
    10,525 SF
    Lancaster Mixed-Use Investment Property

    105&107 Richmond Street, Lancaster, KY 40444

    Income-producing property with residential and commercial tenants in downtown Lancaster.
    • Excellent income‑producing property with diversified income streams.
    • Located in the heart of downtown Lancaster.
    • 7‑unit building with 4 residential units (2‑2BR, 2‑1BR) and 3 commercial units.
    • Solid investment opportunity with immediate cash flow.
    • Low vacancy asset with strong occupancy.
    Updated: Mar 1
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lancaster, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Versatile Mixed-Use Commercial Property
    $299,500
    2,883 SF
    Versatile Mixed-Use Commercial Property

    Live and work under one roof with income potential.

    1055 W Shelby Street, Junction City, KY 40440

    View details
    Multi-Level Church and Event Space
    $249,000
    7,600 SF
    Multi-Level Church and Event Space

    Multi-level facility with basement fellowship hall, auditorium, and multiple rooms suited for assembly or adaptive reuse.

    205 Otter Street, Danville, KY 40422

    View details
    Versatile Live-Work Commercial Property
    $299,500
    2,883 SF
    Versatile Live-Work Commercial Property

    2,883 SF commercial property with living and business potential.

    1055w Shelby St, Junction City, KY 40440

    View details
    Danville Historic Mixed-Use Property
    $875,000
    5,700 SF
    Danville Historic Mixed-Use Property

    Three-story commercial property with restaurant, banquet room, and apartment.

    303 W Main St, Danville, KY 40422

    View details

    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.

    Danville Commercial Land Opportunity
    $450,000
    2.72 Acres
    Danville Commercial Land Opportunity

    2.72 acres of commercial land in Danville, Kentucky.

    134 War Admiral, Danville, KY 40422

    View details
    Harrodsburg Development Land For Sale
    $2,200,000
    41.29 Acres
    Harrodsburg Development Land For Sale

    41.29 AC development land in Harrodsburg, Kentucky.

    653 Bohon Rd, Harrodsburg, KY 40330

    View details
    148 Acres Winchester Development Land
    $2,500,000
    148.00 Acres
    148 Acres Winchester Development Land

    148 acres of land zoned for planned development.

    1395 Two Mile Road, Winchester, KY 40391

    View details
    Downtown Winchester Land Assemblage
    $490,000
    1.53 Acres
    Downtown Winchester Land Assemblage

    1.53 acres of vacant land in downtown Winchester, Kentucky.

    33-41 Winn Avenue, Winchester, KY 40391

    View details

    Lancaster, KY Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Lancaster, KY on our real estate platform. These investment opportunities span a total of 12,327 square feet of properties for sale, with an estimated market value of $1,049,999.

    Sale prices for multi use buildings in Lancaster, KY start at $489,999, averaging $524,999, and reaching up to $560,000 — 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

    Live-work space 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) -1.4%
    Median Household Income $62,324
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    40444 $525K

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Property Tax per SF $0.28 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

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