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    Richmond, KY
    Mixed-Use

    Richmond, KY Mixed-use Properties for Sale

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    Versatile Mixed-Use Property, Richmond, KY
    Updated: Mar 24
    Versatile Mixed-Use Property, Richmond, KY

    1305 Lancaster Road, Richmond, KY 40475

    $475,000
    5,571 sqft 0.88 AC lot
    Versatile mixed‑use property suitable for business and residential living.
    Prime location with excellent visibility and accessibility, backing up to the new Model school and close to EKU campus.
    Private 3‑bedroom, 2‑bath residential apartment with separate entrance, ideal for owner‑occupancy or rental income.
    Basement with potential for renovation into another apartment or business space.
    Large 3‑car garage with unfinished room above, offering additional space.
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    Richmond Mixed-Use Investment Opportunity
    Updated: Feb 5
    Richmond Mixed-Use Investment Opportunity

    107 N Killarney Lane, Richmond, KY 40475

    $649,900
    2,200 sqft 0.60 AC lot
    High‑exposure I‑75 road frontage at a stop light.
    Significant income potential from retail/office space and two apartments.
    New $40,000 metal roof installed last year.
    Brick and vinyl siding construction.
    Heating and cooling via heat pump.
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    Downtown Richmond Mixed-Use Opportunity
    Downtown Richmond Mixed-Use Opportunity

    204-206 S 3rd Street, Richmond, KY 40475

    $579,000
    9,763 sqft 0.19 AC lot

    Mixed-use property with commercial income and residential upside.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Richmond, KY Multi-Use Investment
    Richmond, KY Multi-Use Investment

    301 Steep Street, Richmond, KY 40475

    $450,000
    4,406 sqft 0.47 AC lot

    Multi-use property in Richmond, KY with income potential.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 4 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Mixed-Use Property with Income Home
    Mixed-Use Property with Income Home

    35-37 Hays Street, Winchester, KY 40391

    $515,000
    1,440 sqft 0.13 AC lot

    Mixed-use building with a kitchen and laundry area plus a separate 3-bedroom residence leased through 2027.

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    Downtown Lexington Mixed-Use Complex
    Downtown Lexington Mixed-Use Complex

    401 West Main Street, Lexington, KY 40507

    Contact for pricing
    140,000 sqft

    140,000 SF mixed-use complex in downtown Lexington.

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    Mixed-Use Investment Portfolio
    Mixed-Use Investment Portfolio

    201 Woodland Ave, Lexington, KY 40502

    Contact for pricing
    16,000 sqft

    Portfolio pairs residential income units with commercial space within four blocks of the University of Kentucky main campus.

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    Mixed-Use Downtown Corner Property
    Mixed-Use Downtown Corner Property

    2 N Main St, Winchester, KY 40391

    Contact for pricing

    Mixed-use building with renovated, fully occupied apartments above ground-floor retail space on a downtown corner.

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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.

    148 Acres Winchester Development Land
    148 Acres Winchester Development Land

    1395 Two Mile Road, Winchester, KY 40391

    $2,500,000
    148.00 AC lot

    148 acres of land zoned for planned development.

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    Downtown Winchester Land Assemblage
    Downtown Winchester Land Assemblage

    33-41 Winn Avenue, Winchester, KY 40391

    $490,000
    1.53 AC lot

    1.53 acres of vacant land in downtown Winchester, Kentucky.

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    Harrodsburg Development Land For Sale
    Harrodsburg Development Land For Sale

    653 Bohon Rd, Harrodsburg, KY 40330

    $2,200,000
    41.29 AC lot

    41.29 AC development land in Harrodsburg, Kentucky.

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    Highway 39 Commercial Property
    Highway 39 Commercial Property

    1156 Highway 39, Somerset, KY 42503

    $399,000

    High-visibility commercial property on Highway 39, Somerset, Kentucky.

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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.

    451 Big Hl Ave
    STORES & APARTMENTS

    451 Big Hl Ave, Richmond, KY 40475-2596

    $1,235,000
    Estimated value
    View details
    212 Main St
    STORES & APARTMENTS

    212 Main St, Richmond, KY 40475-1444

    Value Estimation by Request
    3,500 sqft
    View details
    419 Gibson Ln
    STORES & APARTMENTS

    419 Gibson Ln, Richmond, KY 40475-2595

    Value Estimation by Request
    2,100 sqft
    View details

    Richmond, KY Mixed-Use Properties Market Trends and Statistics

    Explore 7 mixed-use properties for sale in Richmond, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 21,940 square feet of properties for sale, with an estimated market value of $2,153,900.

    Sale prices for multi use buildings in Richmond, KY start at $450,000, averaging $538,475, and reaching up to $649,900 — 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

    Live-work space 1

    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 $875.6K

    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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