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205 Geri Lane

Richmond, KY 40475
  • $595,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 25004773
UPDATED: 25 min ago
$595,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,140
    SQFT
  • $116
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Looking for an investment office space plus apartments close to EKU? Check out this well maintained office building in desirable high density commercial area very close to the Eastern Bypass, EKU, Barnes Mill Rd residential areas, I75 Exit 87. 5,140sf 2 story building with more than ample parking. Zoned B-3 with 6 units including 1st floor 2 office spaces w/ rent below market value-current tenant occupying both units pays 1820/mo plus electric. 1st floor 3- 1/2 bathrooms, 3 examining rooms, office, lobby, 2 reception areas, 2 addtl offices, good storage. 1st floor presently leased to Eye Car Center and this lease expires on 03/01/2027. Luxury LVT flooring in entrance/baths/utility closet. 4 upstairs 1 bedroom, 1 bath Apartments w/, kitchen/den, 5 back building parking spaces & entrance with shared hallway & separate circuit breakers & heat pump/water heaters. Tenant's pay own electri. Each unit & hall painted 11/24, new carpet summer 24 & kitchen cabinets/ appliances/ counters replaced 4 yrs ago approx. Landlord pays water, sewer, trash removal. Front has ample parking & all exterior brick painted 11/24, side wall installed 2022, side alley belongs to this property.

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Lexington-Bluegrass Association of Realtors logo
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/161415256
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205 Geri Lane Richmond, KY 40475

  • Price: $595,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 25 min ago
  • MLS #: 25004773
0
Beds
0
Baths
0
½ Baths
0.24
Acres
5,140
SQFT
$116
$/SQFT
Neighborhood:
College Park
County:
Madison
Area:
Madison County
Property Description
Looking for an investment office space plus apartments close to EKU? Check out this well maintained office building in desirable high density commercial area very close to the Eastern Bypass, EKU, Barnes Mill Rd residential areas, I75 Exit 87. 5,140sf 2 story building with more than ample parking. Zoned B-3 with 6 units including 1st floor 2 office spaces w/ rent below market value-current tenant occupying both units pays 1820/mo plus electric. 1st floor 3- 1/2 bathrooms, 3 examining rooms, office, lobby, 2 reception areas, 2 addtl offices, good storage. 1st floor presently leased to Eye Car Center and this lease expires on 03/01/2027. Luxury LVT flooring in entrance/baths/utility closet. 4 upstairs 1 bedroom, 1 bath Apartments w/, kitchen/den, 5 back building parking spaces & entrance with shared hallway & separate circuit breakers & heat pump/water heaters. Tenant's pay own electri. Each unit & hall painted 11/24, new carpet summer 24 & kitchen cabinets/ appliances/ counters replaced 4 yrs ago approx. Landlord pays water, sewer, trash removal. Front has ample parking & all exterior brick painted 11/24, side wall installed 2022, side alley belongs to this property.
Exterior Features

Parking 11 - 20 Spaces Stories Two

Interior Features

Building Square Footage 5194 Ceiling DroppedDrywall Floor Type Partially CarpetedVinylTile/Brick Number Of Floors Serviced 2

Property Features

Business Type MixedProfessional/Office Current Zoning B-3 Lease Type Mixed Possession Close of Escrow Sale Lease Includes BuildingsLeases Sewer Public Sewer Tax Rate 0.010791 Tenant Pays Electricity Utilities Telephone

Bluegrass REALTORS® logo Listing provided courtesy of Stacey A Kelly of CENTURY 21 Advantage Realty: (859) 624-5488 . Listing information © 2025 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
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