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    Richmond, KY Retail Space for Sale

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    Richmond Mixed-Use Investment Opportunity
    Updated: Feb 5
    Richmond Mixed-Use Investment Opportunity

    107 N Killarney Lane, Richmond, KY 40475

    $649,900
    2,200 sqft 0.60 AC lot
    High‑exposure I‑75 road frontage at a stop light.
    Significant income potential from retail/office space and two apartments.
    New $40,000 metal roof installed last year.
    Brick and vinyl siding construction.
    Heating and cooling via heat pump.
    View details
    Downtown Richmond Mixed-Use Opportunity
    Updated: Feb 19
    Downtown Richmond Mixed-Use Opportunity

    204-206 S 3rd Street, Richmond, KY 40475

    $579,000
    9,763 sqft 0.19 AC lot
    Immediate cash flow from two occupied commercial suites generating approximately $44,400 annually.
    Opportunity to reposition five upper‑level apartment units for increased residential income.
    Strategic downtown location with strong visibility and pedestrian traffic.
    Mixed‑use property with multiple income streams (commercial and residential).
    Proximity to Eastern Kentucky University (EKU), restaurants, retail, and entertainment.
    View details
    Richmond Commercial Building For Sale
    Richmond Commercial Building For Sale

    1065 Berea Rd, Richmond, KY 40475

    $420,000
    1,875 sqft 0.24 AC lot

    Commercial building with open space, kitchen, and office in Richmond.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Former Grocery Retail With Dock Access
    Former Grocery Retail With Dock Access

    255 E Main Street, Richmond, KY 40475

    $81,006
    14,000 sqft

    Retail space with abundant power, storage area, and dock access for operations needing logistics-ready buildout.

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    Richmond, KY Multi-Use Investment
    Richmond, KY Multi-Use Investment

    301 Steep Street, Richmond, KY 40475

    $450,000
    4,406 sqft 0.47 AC lot

    Multi-use property in Richmond, KY with income potential.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 5 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, 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.

    Single-Story Multi-Unit Commercial Building
    Single-Story Multi-Unit Commercial Building

    404 KY-1016, Berea, KY 40403

    $325,000
    3,200 sqft 0.33 AC lot

    Single-story multi-unit commercial building with multiple restroom areas, kitchen space, and separate entry points.

    View details
    Prime Retail Space in Berea
    Prime Retail Space in Berea

    310 Richmond Road, Berea, KY 40403

    $950,000
    11,923 sqft 0.80 AC lot

    Retail shell space in high-traffic Berea location, ready for customization.

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    Winchester Land Near Bypass Road
    Winchester Land Near Bypass Road

    529 Bullion Boulevard, Winchester, KY 40391

    $575,000
    2.60 AC lot

    Land available in Winchester, Kentucky, near retail centers.

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    Winchester Land for Sale
    Winchester Land for Sale

    529 Bullion Blvd, Winchester, KY 40391

    $575,000
    1.00 AC lot

    Land for sale in Winchester, Kentucky, near major retailers.

    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.

    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.

    View details

    Off-Market Properties in Richmond, KY

    Consider similar Off-Market properties in Richmond, 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.

    635 12th Big Hl Ave
    RETAIL STORES (PERSONAL SERVICES)

    635 12th Big Hl Ave, Richmond, KY 40475-2873

    Value Estimation by Request
    3,076 sqft
    View details
    376 Big Hl Ave
    RETAIL STORES (PERSONAL SERVICES)

    376 Big Hl Ave, Richmond, KY 40475-2012

    $3,415,000
    Estimated value
    38 sqft
    View details
    Berea Rd
    RETAIL STORES (PERSONAL SERVICES)

    Berea Rd, Richmond, KY 40475

    Value Estimation by Request
    View details
    316 Nn St
    RETAIL STORES (PERSONAL SERVICES)

    316 Nn St, Richmond, KY 40475-1460

    Value Estimation by Request
    2,480 sqft
    View details
    631 Keeneland Dr
    RETAIL STORES (PERSONAL SERVICES)

    631 Keeneland Dr, Richmond, KY 40475-3235

    $910,000
    Estimated value
    View details
    480 Eastern Byp
    RETAIL STORES (PERSONAL SERVICES)

    480 Eastern Byp, Richmond, KY 40475-2326

    $1,470,000
    Estimated value
    2,212 sqft 0.49 AC lot
    View details
    217 Lk St
    RETAIL STORES (PERSONAL SERVICES)

    217 Lk St, Richmond, KY 40475-1919

    Value Estimation by Request
    View details
    2120 Lexington Rd
    RETAIL STORES (PERSONAL SERVICES)

    2120 Lexington Rd, Richmond, KY 40475-9101

    $700,000
    Estimated value
    2,152 sqft
    View details
    717 Big Hl Ave
    RETAIL STORES (PERSONAL SERVICES)

    717 Big Hl Ave, Richmond, KY 40475-2519

    $625,000
    Estimated value
    3,600 sqft 0.42 AC lot
    View details
    1699 Main St
    RETAIL STORES (PERSONAL SERVICES)

    1699 Main St, Richmond, KY 40475-2061

    $1,700,000
    Estimated value
    1,950 sqft
    View details
    113 Spirit Dr
    RETAIL STORES (PERSONAL SERVICES)

    113 Spirit Dr, Richmond, KY 40475-8061

    $600,000
    Estimated value
    7,530 sqft 3.09 AC lot
    View details
    1074 Barnes Ml Rd
    RETAIL STORES (PERSONAL SERVICES)

    1074 Barnes Ml Rd, Richmond, KY 40475-8729

    $860,000
    Estimated value
    0.64 AC lot
    View details
    441 Irvine St
    RETAIL STORES (PERSONAL SERVICES)

    441 Irvine St, Richmond, KY 40475-1527

    Value Estimation by Request
    1,700 sqft
    View details
    1012 Ctr Dr
    RETAIL STORES (PERSONAL SERVICES)

    1012 Ctr Dr, Richmond, KY 40475-3838

    Value Estimation by Request
    3,029 sqft
    View details
    3198 Lexington Rd
    RETAIL STORES (PERSONAL SERVICES)

    3198 Lexington Rd, Richmond, KY 40475-9143

    $2,400,000
    Estimated value
    3.26 AC lot
    View details
    510 Eastern Byp
    RETAIL STORES (PERSONAL SERVICES)

    510 Eastern Byp, Richmond, KY 40475-2328

    Value Estimation by Request
    2,921 sqft
    View details
    2169 Lexington Rd
    RETAIL STORES (PERSONAL SERVICES)

    2169 Lexington Rd, Richmond, KY 40475-7900

    $550,000
    Estimated value
    2,094 sqft
    View details
    239 Eastern Byp
    RETAIL STORES (PERSONAL SERVICES)

    239 Eastern Byp, Richmond, KY 40475-2355

    $2,500,000
    Estimated value
    27,025 sqft
    View details
    115 Rice Ct
    RETAIL STORES (PERSONAL SERVICES)

    115 Rice Ct, Richmond, KY 40475-2542

    Value Estimation by Request
    3,075 sqft 0.44 AC lot
    View details

    Richmond, KY Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Richmond, KY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 32,244 square feet of properties for sale, with an estimated market value of $2,179,906.

    Sale prices for retail space in Richmond, KY start at $81,006, averaging $435,981, and reaching up to $649,900 — 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

    Automotive properties 3
    Auto shops 2
    Grocery and convenience stores 2
    Shopping centers 2
    Drug stores 1

    Demographics Overview

    Population 65K
    Population Growth (5Y) +5.8%
    Median Household Income $62,731
    College Educated 26.2%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40475 $439.2K

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $5.99 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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