Susan Nelson - Elite Realty Logo
$440,000
( $78.98Per Sq Foot )
 $2,362 est/mo Sourced by Back At You

1305 Lancaster Road,Richmond, KY 40475

Richmond, KY 40475

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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.

Details

MLS #26008401
Listing TypeFor Sale
StyleMixed Use
Building NameGreat Grins Dentistry
Sub-TypeResale
StatusContingent
Year1983
Days On Site131
Listing Provided ByCENTURY 21 Advantage Realty | Jon Lucas

Features

SQ Feet5,571
BasementY
Building(s)1
ZoningOther
Acreage0.88

Interior

CoolingMulti Units, Window Unit(s)
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoYes

Parking

Attached Garage Yes / NoNo
Parking FeaturesOpen, Paved

Utilities

SewerSeptic Tank

Area Information

StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
Community NameCommercial
Listing VS Median (in Commercial)
Price:
$440,000
low | high
Med:
$20,000
100% of Average
sqft:
5,571
low | high
Med:
2,000
100% of Average
$ / sqft:
$79
low | high
Med:
$10
100% of Average
On site:
131
low | high
Med:
260
50.384615384615% of Average
Sourced by Back At You

Market Activity 40475

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Contact

Learn More About This Property

Susan Nelson

Susan Nelson

Elite Realty

 (270) 703-2655nsusanmnelson@gmail.com
StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
Community NameCommercial
Listing VS Median (in Commercial)
Price:
$440,000
low | high
Med:
$20,000
100% of Average
sqft:
5,571
low | high
Med:
2,000
100% of Average
$ / sqft:
$79
low | high
Med:
$10
100% of Average
On site:
131
low | high
Med:
260
50.384615384615% of Average
Sourced by Back At You
Listing Updated: August 11, 2026 at 6:54:22 AM PDT

Susan Nelson - Elite Realty