Property summary
This Class B retail property, located at 526 E St, Richmond, KY 40475, offers 12,000 square feet of warehouse/retail space. Situated in Madison County, this multi-tenant University Shopping Center enjoys high visibility on Eastern Bypass, with over 30,100 vehicles passing daily. Its prime location provides easy access to amenities and proximity to Eastern Kentucky University, boasting over 12,000 students. The center benefits from convenient access to major roadways including Eastern Bypass (Route 25), I-75, and KY 52, with Lexington a short 20-minute drive away. Existing tenants such as Cooper's, Ace Hardware, and the Richmond Athletic Club generate significant foot traffic, creating a built-in customer base. Multiple access points on Eastern Bypass, Dwight Drive, and Lancaster Avenue ensure easy ingress and egress. This versatile space is ideal for various uses, including client-facing offices or retail businesses serving the surrounding community. The property's strategic location and strong tenant mix make it an attractive investment opportunity.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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