1305 Lancaster Road Richmond, KY 40475
Listing Courtesy of: MLS LogoImagine MLS / Century 21 Advantage Realty / Jon Lucas

  1305 Lancaster Road Richmond, KY 40475

Active (29 Days)
$475,000 (USD)

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.

MLS #:
26008401
Lot Size
0.88 acres
Type
Commerical
Year Built
1983
County
Madison County
Community
Commercial

Listed By

Jon Lucas, Century 21 Advantage Realty
Source
Imagine MLS
Last checked Apr 21 2026 at 11:46 AM GMT+0000
Bathroom Details
Subdivision
  • Commercial
Heating and Cooling
  • Electric
  • Window Unit(s)
  • Multi Units
Basement Information
  • Partially Finished
  • Walk-Out Access
Utility Information
  • Sewer: Septic Tank
Parking
  • Paved
  • Open
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Advantage Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Imagine MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/21/26 04:46