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Richmond, KY Specialty Properties for Sale

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6 properties
Church Facility with Flexible Layout
Updated: Aug 25
Church Facility with Flexible Layout

315 Spangler Drive, Richmond, KY 40475

$649,000
9,585 sqft 0.46 AC lot
9,585‑square‑foot church facility
0.46‑acre property in Richmond, KY 40475
Currently occupied by Trinity Church PCA
B‑3 zoning
Brick construction with natural gas heating and electric cooling
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Wedding and Conference Venue
Updated: Sep 17, 2025
Wedding and Conference Venue

230 Eastern, Richmond, KY 40475

$1,800,000
9,000 sqft 1.00 AC lot
9,000‑square‑foot conference hall on 1 acre
Built in 2022
Supports weddings, receptions, reunions, meetings, markets, classes, and music events
Ample parking for hosted gatherings
Forced‑air heating with heat pump and central air cooling
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Renovated Restaurant Property
Renovated Restaurant Property

241 Eastern Bypass, Richmond, KY 40475

$2,300,000
5,667 sqft

Recently updated restaurant asset with a B-3 designation and an existing NNN lease structure.

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Wedding Venue Conference Hall
Wedding Venue Conference Hall

230 Eastern Unit 232, Richmond, KY 40475

$1,800,000
9,000 sqft

Newer event facility with ample parking and flexible gathering space.

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Church Facility with Gathering Space
Church Facility with Gathering Space

315 Spangler Dr, Richmond, KY 40475

$649,000
9,585 sqft

Established church property with gathering, teaching, meeting, and office areas in Richmond, Kentucky.

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NNN Property
NNN Property

108 Forbes Ct, Richmond, KY 40475

Contact for pricing
6,720 sqft

Commercial property with an existing NNN lease structure and office-related use classification.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 6 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

One-Level Religious Facility Property
One-Level Religious Facility Property

3150 Waterworks Rd, Winchester, KY 40391

$250,000
2,591 sqft

Spacious one-level church facility with two bathrooms and a roof approximately 6 years old, sold as-is.

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Brick Church Building with Basement
Brick Church Building with Basement

65 Highland Avenue, Lancaster, KY 40444

$99,900
7,000 sqft 0.18 AC lot

Brick construction, flexible interior space, and a basement support religious, community, office, or reconfiguration uses.

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Brick Church Building with Basement
Brick Church Building with Basement

65 Highland Ave, Lancaster, KY 40444

$99,900
7,000 sqft

Commercially zoned church property with an open sanctuary and additional basement space for varied community or organizational uses.

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Specialty Land Parcel
Specialty Land Parcel

6755 Boonesboro Road, Winchester, KY 40391

Contact for pricing
63.00 AC lot

Approximately 63-acre parcel offers partially wooded acreage with multiple potential building sites.

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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.

1136 Richmond Grn Dr
PROFESSIONAL CLUBS/ASSOCIATIONS

1136 Richmond Grn Dr, Richmond, KY 40475-6825

$285,000
Estimated value
44,040 sqft 5.02 AC lot
View details
175 Gleneagles Blvd
PROFESSIONAL CLUBS/ASSOCIATIONS

175 Gleneagles Blvd, Richmond, KY 40475-8495

$225,000
Estimated value
150.00 AC lot
View details
312 Spangler Dr
PROFESSIONAL CLUBS/ASSOCIATIONS

312 Spangler Dr, Richmond, KY 40475-2361

$400,000
Estimated value
13,000 sqft 0.46 AC lot
View details

Richmond, KY Specialty Properties Market Trends and Statistics

Explore 9 specialty properties for sale in Richmond, KY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 49,557 square feet of properties for sale, with an estimated market value of $7,198,000.

Sale prices for properties in Richmond, KY start at $649,000, averaging $1,439,600, and reaching up to $2,300,000 — 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

NNN properties 4
Churches & religious facilities 2
Wedding venues 2
Day care centers 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 $1.5M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Madison County

Residential Income

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