1305 Lancaster Rd, Richmond, KY 40475

$440,000
5,571
SqFt

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List Price
$440,000
Status
PENDING
Days on Market
114
Price Change
▼ $35,000 1785111416
MLS#
26008401
Subtype
Commercial Sale
Year Built
1983
Living Area
5,571
Lot Size
38,333
Acres
0.88
Subdivision
Commercial
Neighborhood
008 - Madison County
MLS Area Major
008 - Madison County

Property Description

Unlock the potential of the versatile mixed-use property, perfectly designed for both business and residential living. The main level features well-appointed commercial office space with excellent visibility and accessibility. Ideal for a professional services, retail, or small business seeking a prime location (backs up to the new Model school being built, close to EKU campus). Upstairs a private residential apartment offers comfortable living quarters (3-bedroom, 2 bath) complete with its own entrance, making it perfect for an owner-occupant, rental income, or live-work flexibility. The first floor was used as the owner's dental practice. The basement has another partially unfinished apartment currently being used for storage (could be renovated to make another large apartment or business use). At this time, upstairs apartment uses window AC units to cool. Apartment needs new HVAC unit. Huge 3 car garage and large possible room (needs to be finished) above the garage. All dentist equipment will be removed.

Additional Information

Zoning
Other
Heating
Electric
Air Conditioning
Multi Units, Window/Wall
Parking Features
Paved, Open

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Calculator source: Real Geeks

Listing courtesy of Jon Lucas of CENTURY 21 Advantage Realty.