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    Historic Two-Story Commercial Building
    Updated: Jul 22
    Historic Two-Story Commercial Building

    35 Public Square, Lancaster, KY 40444

    $224,900
    4,968 sqft 0.08 AC lot
    Historic 2‑story downtown building in Lancaster Public Square, formerly Napier Bros Clothing
    Nearly 2,500 SF of open space on the first floor with central heat and air
    First floor includes 2 restrooms, dressing room, and small office
    Second floor is unfinished and offers additional storage space
    Brick construction with flat/membrane roof and basement
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Renovated Office/Retail Historic Home
    Renovated Office/Retail Historic Home

    1419 Lexington Road, Richmond, KY 40475

    $795,000
    4,256 sqft 0.28 AC lot

    Highly visible, renovated historic home ideal for office or retail.

    View details
    Two-Story Office Building with Parking
    Two-Story Office Building with Parking

    813 S 4th Street, Danville, KY 40422

    $175,000
    1,725 sqft 0.21 AC lot

    Two-story building with multiple private offices, shared areas, open workspaces, and on-site parking on a small lot.

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    Corner Office Building with Parking
    Corner Office Building with Parking

    201 W Broadway Street, Danville, KY 40422

    $369,900
    2,829 sqft 0.08 AC lot

    Corner office building zoned CB with off-street parking and a current lease through January 2027.

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    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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    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.

    Commercial Land on US 27
    Commercial Land on US 27

    Lilly Drive, Stanford, KY 40484

    $750,000
    2,500 sqft 3.56 AC lot

    3.56 acres of flat commercial land in Stanford, Kentucky.

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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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    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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    Lancaster, KY Office Buildings Market Trends and Statistics

    Explore 1 office buildings for sale in Lancaster, KY on our real estate platform. These investment opportunities span a total of 4,968 square feet of properties for sale, with an estimated market value of $224,900.

    Sale prices for office properties in Lancaster, KY average $224,900 — 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

    Office buildings 1
    Office Units 1

    Demographics Overview

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

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Garrard County

    New Delisted

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