Retail

Lancaster, KY Retail Space for Sale

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Stanford, KY Crab Orchard, KY Danville, KY
Lancaster Mixed-Use Investment Property
Updated: Mar 1
Lancaster Mixed-Use Investment Property

105&107 Richmond Street, Lancaster, KY 40444

$489,999
10,525 sqft · 0.05 AC lot
Excellent income‑producing property with diversified income streams.
Located in the heart of downtown Lancaster.
7‑unit building with 4 residential units (2‑2BR, 2‑1BR) and 3 commercial units.
Solid investment opportunity with immediate cash flow.
Low vacancy asset with strong occupancy.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lancaster, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Flex and Office Warehouse Building
Flex and Office Warehouse Building

904 E Main Street, Stanford, KY 40484

$299,900
3,360 sqft · 0.26 AC lot

Move-in-ready building combines office, reception, and retail-ready floor space with warehouse storage and delivery garage access.

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Danville Commercial Building on Stanford
Danville Commercial Building on Stanford

1125 Stanford Road, Danville, KY 40422

$399,000
2,880 sqft · 0.84 AC lot

2,880 sq ft commercial building on high-traffic corridor.

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Profitable Ice Business For Sale
Profitable Ice Business For Sale

23 Michelle Drive, Stanford, KY 40484

$225,000
198 sqft · 0.01 AC lot

Turnkey ice business with growth potential near Danville Walmart.

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Retail Center Anchored by Save-A-Lot
Retail Center Anchored by Save-A-Lot

1075 East Lexington Road, Danville, KY 40422

Contact for pricing

Neighborhood retail center with ample parking and high traffic.

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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.

Prime PUD-Zoned Land Opportunity
Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000
900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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Lancaster, KY Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Lancaster, KY on our real estate platform. These investment opportunities span a total of 10,525 square feet of properties for sale, with an estimated market value of $489,999.

Sale prices for retail space in Lancaster, KY start at $489,999, averaging $489,999, and reaching up to $489,999 — 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 2
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 $490K

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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