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1305 Lancaster Road

Richmond, KY 40475
  • $475,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 26008401
UPDATED: 52 min ago
$475,000
  • 0
    BEDS
  • 0.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,571
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:

School Ratings & Info

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.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

www.laneteamky.com/homes/175561585
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1305 Lancaster Road Richmond, KY 40475

  • Price: $475,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 52 min ago
  • MLS #: 26008401
0
Beds
0
Baths
0
½ Baths
0.88
Acres
5,571
SQFT
$85
$/SQFT
1983
Built
Neighborhood:
Commercial
County:
Madison
Area:
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.
Exterior Features

Attached Garage YN No Construction Materials [] Docks None Parking Features PavedOpen Roof []

Interior Features

Basement Partially FinishedWalk-Out Access Basement YN Yes Building Area Total 5571 Building Features [] Cooling Multi UnitsWindow Unit(s) Cooling YN Yes Heating Electric Heating YN Yes

Property Features

Accessibility Features YN Yes Building And Property Details Inground Tank YN No Business Type MixedProfessional ServiceProfessional/Office Electric [] Listing Terms CashConventional Property Condition [] Property Sub Type Mixed Use Security Features [] Sewer Septic Tank Special Listing Conditions [] Tenant Pays [] Utilities [] Zoning Description P-1

Bluegrass REALTORS® logo Listing provided courtesy of Jon Lucas of CENTURY 21 Advantage Realty: 859-624-5488 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

 
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The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502