# 1305 Lancaster Road, Richmond, KY 40475

> **TL;DR:** commercial, $475,000 ($85/sqft), built 1983, 5,571 sqft.
> A/C. Est. $2,058/mo. Listed 69 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $475,000 |
| Price/sqft | $85 |
| Square Feet | 5,571 |
| Year Built | 1983 |
| Lot Size | 38,333 sqft (0.88 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 69 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,058 |
| **Total** | **$2,058** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1983
- 0.88 acre lot
- 3 stories
- 10 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 1305 Lancaster Road, Richmond, KY 40475
- **County:** Madison
- **Neighborhood:** Commercial
- **Coordinates:** 37.727085, -84.309644
- **Google Maps:** https://www.google.com/maps?q=37.727085,-84.309644

## Listing Agent

- **Name:** Jon Lucas
- **Brokerage:** CENTURY 21 Advantage Realty
- **Phone:** 8596245488
- **Email:** jlucas@century21advantage.com

## Primary Photo

![1305 Lancaster Road - Primary Photo](http://lh.rdcpix.com/1ef82986309344ad1c44bd3899edbfd4l-f3093028103r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/1305-lancaster-road-richmond-ky-40475-26008401)*

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**MLS#:** 26008401 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1305-lancaster-road-richmond-ky-40475-26008401)

---

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