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Lancaster, KY Retail Properties & Spaces for Sale

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Stanford, KY Danville, KY Crab Orchard, KY Richmond, KY Harrodsburg, KY Nicholasville, KY Junction City, KY Waynesburg, KY
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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Two-Story Storefront Building
Updated: Jun 11
Two-Story Storefront Building

35 Public Sq, Lancaster, KY 40444

$224,900
4,968 sqft
Nearly 2,500 square feet of open first‑floor space
Two restrooms, dressing room, small office, and central heating and air
Unfinished second floor offers additional storage space
Located on Lancaster Public Square in downtown Lancaster
Ample public parking in front of the building
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Lancaster, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

Self-Serve Ice Retail Space
Self-Serve Ice Retail Space

23 Michelle Drive, Stanford, KY 40484

$225,000
198 sqft 0.01 AC lot

Established ice operation combines round-the-clock self-service sales with mobile trailer distribution.

View details
Corner Retail Storefront Investment
Corner Retail Storefront Investment

201 W Broadway St, Danville, KY 40422

$369,900
2,829 sqft

Corner storefront property with off-street parking and two spaces, currently leased through January 2027.

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Two Freestanding Commercial Buildings
Two Freestanding Commercial Buildings

17-25 N Troy Avenue, stanford, Stanford, KY 40484

Contact for pricing
3,800 sqft 1.30 AC lot

Two freestanding commercial buildings totaling 3,800 SF on 1.30 acres, currently leased for $2,700 monthly gross rent.

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Flexible Commercial Space
Flexible Commercial Space

101 N 1st St, Danville, KY 40422

$275,000

Adaptable commercial premises near Constitution Square, retail, dining, and cultural destinations in Danville.

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.

Commercial Land with Dual Access
Commercial Land with Dual Access

90 WRSL Road, Stanford, KY 40484

$299,000
1.89 AC lot

Commercial parcel with access from US 27 and Ridgeway Road in Stanford, Kentucky.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

Lilly Drive, Stanford, KY 40484

$750,000
2,500 sqft 3.56 AC lot

Flat commercial land with frontage on US 27 within Stanford city limits.

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Multi-Access Commercial Development Land
Multi-Access Commercial Development Land

7265 Somerset Road, Waynesburg, KY 40489

$179,900
14.98 AC lot

15+ acre tract with highway frontage and multiple access points for flexible commercial or residential development.

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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.

View details

Off-Market Properties in Lancaster, KY

Consider similar Off-Market properties in Lancaster, 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.

100 Baker Ave
LAUNDROMAT (SELF-SERVICE)

100 Baker Ave, Lancaster, KY 40444-1348

Estimated value:
$330,000
View details
302 Stanford St
WHOLESALE OUTLET, DISCOUNT STORE

302 Stanford St, Lancaster, KY 40444-1239

Estimated value:
$350,000
1.13 AC lot
View details
817 Canoe Crk Rd
PRINTER - RETAIL

817 Canoe Crk Rd, Lancaster, KY 40444-6911

Estimated value:
$275,000
19.76 AC lot
View details
401 Stanford St
SERVICE STATION (FULL SERVICE)

401 Stanford St, Lancaster, KY 40444-1240

Estimated value:
$255,000
0.30 AC lot
View details
541 Pne Crst Rd
WHOLESALE OUTLET, DISCOUNT STORE

541 Pne Crst Rd, Lancaster, KY 40444-6704

Estimated value:
$265,000
1.00 AC lot
View details
624 Pleasant Retreat Dr
CONVENIENCE STORE

624 Pleasant Retreat Dr, Lancaster, KY 40444-9603

Estimated value:
$260,000
0.61 AC lot
View details
150 Pleasant Retreat Dr
Neighborhood centers

150 Pleasant Retreat Dr, Lancaster, KY 40444

Estimated value:
by Request
20,000 sqft
View details
251 Ridgecrest Dr
NURSERY, GREENHOUSE, FLORIST

251 Ridgecrest Dr, Lancaster, KY 40444-7244

Estimated value:
by Request
View details
160 Pleasant Retreat Dr
WHOLESALE OUTLET, DISCOUNT STORE

160 Pleasant Retreat Dr, Lancaster, KY 40444-9561

Estimated value:
$335,000
View details
235 Lexington St
RESTAURANT

235 Lexington St, Lancaster, KY 40444-1172

Estimated value:
$320,000
0.85 AC lot
View details
323 Danville St
CONVENIENCE STORE

323 Danville St, Lancaster, KY 40444-1030

Estimated value:
$660,000
View details

Lancaster, KY Retail Properties & Spaces Market Trends and Statistics

Explore 13 retail properties & spaces for sale in Lancaster, KY on our real estate platform. These investment opportunities span a total of 9,936 square feet of properties for sale, with an estimated market value of $449,800.

Sale prices for stores 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

Shopping centers 1
Storefront properties 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 average listing prices of real estate assets

Neighborhood Average Price
40444 $149.9K

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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