Retail

Lancaster, KY Retail Space for Sale

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Historic Two-Story Storefront
Updated: Jul 22
Historic Two-Story Storefront

35 Public Square, Lancaster, KY 40444

$224,900
4,968 sqft 0.08 AC lot
4,968‑square‑foot brick storefront property at 35 Public Square
Nearly 2,500 square feet of open first‑floor space
Two restrooms, dressing room, and small office
Unfinished second floor for storage
Central air, electric heat, and heat pump
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Two-Story Storefront Building
Updated: May 12
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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lancaster, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Live-Work Property
Historic Live-Work Property

219 S 4th Street, Danville, KY 40422

$499,900
4,685 sqft 0.37 AC lot

Two-level layout combines an established business setting with living quarters that can be completed with modifications.

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Two-Building Retail Property
Two-Building Retail Property

17-25 N Troy Avenue, Stanford, KY 40484

$450,000
3,800 sqft 1.30 AC lot

Two standalone buildings provide flexible retail space along a commercial corridor near US-127.

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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

Lancaster, KY Retail Space Market Trends and Statistics

Explore 2 retail space 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 retail space 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

Storefront properties 2
Shopping centers 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 $224.9K

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

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Retail pricing trends in Garrard County

Retail

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