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About This Home
This 0-bedroom, 0-bathroom commercial at 1305 Lancaster Road in Richmond, KY is listed for $475,000 ($85 per sqft). Built in 1983, the home offers 5,571 sqft of living space on a 0.88 acres lot.
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.
Key Features
- Built in 1983
- 0.88 acre lot
- 3 stories
- 10 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,540/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1305 Lancaster Road
Richmond, KY 40475
Commercial
Property Details
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1305 Lancaster Road is listed at $475,000 ($85/sqft). The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.
Key features include: Built in 1983, 0.88 acre lot, 3 stories, 10 parking spaces.
This property is listed by Jon Lucas and can be reached at 8596245488 or jlucas@century21advantage.com.
